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Don’t blame “economic malaise” on Rakhine, business groups warn, calling for less protectionism, gerontocracy

Two major business groups in Myanmar have warned against blaming all of the country’s economic woes on the northern Rakhine crisis, urging the government to tackle protectionism, involve the younger generation and provide clarity in the regulatory environment. The British Chamber of Commerce Myanmar (BritCham) said Rakhine is “far from being the sole or main […]

Myanmar market holds potential for Vietnamese goods

Vietnamese firms should study the Myanmar market and act quickly to take advantage of trade and investment opportunities there, the Investment and Trade Promotion Centre of HCM City has said. Pham Thiet Hia, the centre’s director, said that Myanmar, with its population of 55 million, has high demand for many kinds of products that Vietnamese […]

Myanmar mangoes set to crack Korean market

Toe Aung Myint, director general of the department of trade promotion, told Myanmar Eleven that exports of mango, dragon fruit, mangosteen, and pomelo to Korea would start in a few months. “We plan to produce more mango, dragon fruit, mangosteen, and pomelo, and have increased plantation areas for these four fruits,” he said on the […]

Taiwan Manufacturers to Tap Myanmar, Laos Market

Taiwan’s top trade promotion body said last week that it will organise tours to explore business opportunities in Myanmar and Laos in March, targeting the industrial product market in the two countries, where demand for machinery and power supplies is high. In Myanmar, demand for imported machinery is high in the agricultural and industrial sectors, […]

5 business partnerships signed at Singapore Myanmar Forum

Singapore trade promotion agency setup Singapore-Myanmar Overseas office  in Yangon on 4th April 2013 to boost economic ties and promote bilateral trade. Singapore is the 3rd largest investors in Myanmar and is also one of the earliest investors given its long economic and cultural ties with the country. Currently Singapore is the largest investor in […]