The government has placed emphasis on the diversification of crops which have wide international markets access, in addition to paddy, and it hopes to increase coffee production. Union Minister for Agriculture, Livestock and Irrigation, Dr Aung Thu, said he hopes to increase the coffee acreage to 200,000 and exports to 60,000 tons by 2030. “During […]
The land of the $20 smartphone
March 31, 2017 by
“This one $40, this one $30 … that one $20!” The owner of the street stall, a man of about 30 years wearing a traditional longyi tied around his waist, is gesturing at a phone that looks, to my eyes, like a mid-range Android phone. It bears the brand Singtech, a brand among myriad others […]
Diebold Nixdorf Ssets up an office in Yangon
February 7, 2017 by
Diebold Nixdorf, a leading innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, today announced the opening of an office in Yangon, Myanmar, creating a direct presence in the country for the newly combined company. Diebold Nixdorf had been previously operating in […]
Australia Wants AIIB to Invest in Coal Power
December 23, 2016 by
Australia is reportedly lobbying hard for the China-led Asian Infrastructure Investment Bank (AIIB) to invest in coal power projects in Asian countries. The newly-established development bank is currently drafting its energy strategy and the prospect that coal could be excluded from its priorities has alarmed both the Australian government and the country’s powerful coal […]
Wiping the slate clean
August 5, 2016 by
A TOTAL of 619 people were removed from the previous government’s blacklist yesterday, said Union Minister for Labour, Immigration and Population U Thein Swe. At the press conference in Nay Pyi Taw yesterday The Union minister confirmed that there were 248 locals and 371 foreigners who were erased from the blacklist, and that scrutinising is […]
Myanmar garment industry expects to earn over US$2billion through exports
June 9, 2016 by
THE export value of the Myanmar garment industry is expected to reach over US$2billion according to the Myanmar Garment Entrepreneurs Association. Entrepreneurs from member nations of the European Union have aims to invest in companies belonging to the MGEA, it has been learned. Garment factories in the country are required to maintain worker’s rights and […]
Myanmar company with over 100 hectares of agricultural and plantation land looking for JV Partner
May 17, 2016 by
Our client a Myanmar company owns over 100 hectares of agriculture and plantation land in Myanmar. Currently our client is only utilizing 20% of the land that they own for producing fruits and vegetables as they are only supplying to the domestic Myanmar market. The client is also doing food processing and canning and the […]
Thai food exports to Myanmar surge
February 18, 2016 by
THE NATIONAL FOOD INSTITUTE of the Ministry of Industry says small and medium-sized food processing businesses should target Myanmar given the jump in Thai food imports. The institute revealed that Thai food exports to Myanmar increased 24 per cent last year. That makes Myanmar the world’s fourth largest importer of Thai food after Japan, the […]
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