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MoU on rice exports signed with Yunnan Province government

The Ministry of Commerce (MOC) and government of Yunnan Province, China, signed a memorandum of understanding on the export of Myanmar rice and other crops to China on April 21. Under the agreement, Myanmar will be able to legally export crops such as rice as well as fisheries to China via the Muse border trade […]

Nine sectors to have priority under the China-Myanmar Economic Corridor

Myanmar is prioritising nine sectors covering infrastructure projects under the China-Myanmar Economic Corridor although more specific details as to which of the projects have been chosen remain under wraps. These sectors, part of the Myanmar Sustainable Development Plan, include electricity, road, bridge, telecommunication, basic construction, agriculture, transportation, research and technology. Union of Myanmar Federation of […]

Daewoo Service Centres will be opened in 3 major cities

Daewoo Bus Myanmar Company managing director Dr. Kyaw Kyaw Aung said that the company would open service centres for the domestically manufactured vehicles, in Yangon, Mandalay and Naypyitaw. “We have established a service centre in Htaukkyant, Yangon and we have a plan to open more service centres in Mandalay and Naypyitaw,” Dr. Kyaw Kyaw Aung […]

Tour guide licenses must be issued only to Myanmar citizens: association

The draft of the Myanmar Tourism Rules must clearly define the authority of the tourism police, and include a provision for issuing of tour guide licenses only to Myanmar citizens as it has been seen that foreign tourists are travelling with their own guides instead of hiring local guides, according to the Myanmar Tourist Guides […]

Employment rate may increase to six pc if the EU’s GSP right remains: DICA’s DG

Thanks to the EU’s Generalised scheme of preferences (GSP) right, Myanmar can create 0.6 per cent jobs. If the GSP right remains, the employment rate may increase to six per cent of the total population, said Aung Naing Oo, Director General of Directorate of Investment and Company Administration (DICA), at a talk titled “Democracy, Poverty […]

Rice export declines within eight months

Myanmar only exported over 1.5 million tons of rice and broken rice within eight months from April 1 till December 14, according to Myanmar Rice Federation (MRF). Myanmar earned about US$288 million from more than 800,000 tons of rice and broken rice export through border trade routes and over US$240 million from over 700,000 tons […]

MFVP pushes opening of more fruit export channels

The Myanmar Fruit, Flower, and Vegetable Producers and Exporters Association (MFVP) suggested three measures to expand the watermelon market and control market prices at the 22nd regular meeting of Vice President 1 and entrepreneurs. The suggestions were put forward by MFVP vice president U Myint Sein at the meeting held recently at the UMFCCI office. […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of January & February 2019

  Name, Venue & Organizer Date Invest Myanmar Summit MICC-2 UMFCCI 8.1.2019 to 9.1.2019 Electric Power Exhibition & Conference Sule Shangri-La Yangon, Yangon, Myanmar 17.1.2019 to 18.1.2019 Invest Myanmar Summit MICC 2, Naypyitaw, Myanmar 28.1.2019 to 29.1.2019 AVPN Myanmar Social Investment Forum Pan Pacific Yangon, Yangon, Myanmar 26.2.2019 Mobile Money & Financial Inclusion Summit Park […]

‘Tone from the top’ crucial in anti-corruption: DICA

There is a lack of awareness about the transparency and corporate governance aspects of the new Companies Law, according to a senior government official, who argued for the importance of tone from the top in combating corruption. The Myanmar Centre for Responsible Business (MCRB) and the Union of Myanmar Federation of the Chamber of Commerce […]

Invest Myanmar Summit 2019, 28-29 January 2019 Nay Pyi Taw

Invest Myanmar Summit 2019 is a collaboration between the Union Government of Myanmar, the Region States of Myanmar and the business community to create a platform for businesses to meet. The two-day event is designed to provide international and local investors the opportunity to discover the investment potential of Myanmar. It is a platform where […]