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Illegal charcoal trade threatens Myanmar’s remaining mangroves

Mangroves from Myanmar are illegally harvested and converted into charcoal that is sent to Thailand before it’s sold to China, South Korea, Japan, Malaysia and Indonesia by sea. The depletion of mangroves in southern Myanmar is impacting local fisheries near the island villages. The illegal charcoal trade persists due to a lack of law enforcement […]

Enterprise to auction off timber in three regions

The government will auction off 5400 tonnes of logs and timber to small- and medium-sized businesses in Mandalay, Sagaing and Yangon regions in February. The state-owned Myanmar Timber Enterprise announced the auction at an event organised by Mandalay’s Chambers of Commerce and Industry in Mandalay on Wednesday. “I cannot say what will happen in the […]

A Close-Up Look at Mergui Archipelago’s Nascent Eco-Tourism Industry

With its pristine natural islands and Moken “sea gypsy” tribes—whose way of life is rapidly disappearing—the Mergui Archipelago has long held a special fascination as a travel destination for outsiders. Myeik town itself is famous for its pearl shops, edible-nest swiftlet, fish, shrimp and crab farms, as well its British colonial-era structures. A walk around […]

Log exports to be permitted to lure timber plantations

The Forest Department under the Ministry of Natural Resources and Environmental Conservation has been planning to permit the export of logs harvested from private timber plantations, U Tin Tun, director of the Forest Department, told The Myanmar Times. To protect the environment and prevent deforestation, Myanmar in April 2014 banned the export of whole logs […]

On Myanmar border, a city thrives

Opening-up has played a key role in the economic development of Tengchong, Yunnan province, both in the past and today, local authorities say. “It is not hard to see that all the economically active periods in Tengchong’s history were those when we had close contacts and deep exchanges with South and Southeast Asia, and the […]

Myanmar’s state-owned enterprises show how much reform is still needed

NOTHING has been made in the engine factory in Thagaya, in the south of Myanmar, since April last year. Yet around 350 employees still turn up each day. In 2016 government-owned factories like this one made a loss of more than $200m. When Myanmar moved from military dictatorship to a form of democracy, its new […]

Illegal trade more rampant than before, govt measures not effective

Government efforts to prevent illegal border trade have not been effective or sufficient and counterfeit goods are still being smuggled into the country. In fact, things are worse than before. “Illegal trade can’t be controlled. Illegal trade is worse than before even though measures were taken to reopen some of the border gates by the […]

Sudima’s conservative approach to success

AS a young entrepreneur, Anil Kumar Jhunjhnuwala felt that his father’s approach to business was too conservative for his liking. But time and experience have changed those sentiments. “I can see now why taking a conservative and calculated approach was the right choice,” he says. This approach to business has borne fruit for the managing […]

Traders seek to recoup losses on K5 billion in seized rice

About 50 rice traders from Mandalay Region and Katha, Banmauk, Htigyaing and Kawlin townships in Sagaing Region said their partner’s detention for the past two months has hurt their business. Their meeting at the Banmauk rice traders association office on Wednesday was attended by National League for Democracy MPs from Banmauk. U Aung Thein, who […]

Sule Port premier port of Myanmar

Sule Port, the nation’s busiest sea port for rice, handles an average of 1.3 million metric tons of imports and 600,000 metric tons of export, annually. A total of 49,801 metric tons of rice were exported to foreign countries via Sule Port in current financial year. Sule is a major transit point for cement, timber […]