Myanmar: Foreign trade rises Tuesday, 05 July 2016 – Myanmar’s foreign trade has passed US$6 billion since the new government took office, according to U Yan Naing Tun, director general of the Directorate of Trade, under the Ministry of Commerce. At a press conference at the commerce ministry on July 1, U Yan Naing Tun […]
Read MoreMyanmar: Myanmar turns to timber exports to save forests Monday, 04 July 2016 – Long a timber-producing and exporting country, Myanmar will start importing wood to protect its forests while allowing local timber companies to continue operating, the government has decided. U Kyaw Zaw, director of the office of the minister for natural resources and […]
Read MoreMyanmar: Central Bank shifts from manual to auto Friday, 01 July 2016 – The inner workings of Myanmar’s Central Bank rarely attract much interest from international investors more focused on fresh opportunities in sectors like infrastructure and agriculture. But since the start of the year the bank has gone through fundamental changes that have left […]
Read MoreMyanmar: Myanmar farmers wary of free trade deadline Friday, 01 July 2016 – Six months into the grace period, Myanmar farmers are worrying what will happen when free trade finally comes to all ASEAN members in 2018. For most of its members, the ASEAN Economic Community came into force on December 31 last year, allowing […]
Read MoreMyanmar: Ministry struggles to control illegal logging Thursday, 30 June 2016 – Illegal logging continues to aggravate deforestation, raising the risk of flooding and putting the lives of law enforcement officers at risk, the government says. U Nyi Nyi Kyaw, director general of the Ministry of Natural Resources and Environmental Conservation, has told business leaders […]
Read MoreMyanmar: Melon exports thriving but local farmers not seeing the benefits Wednesday, 29 June 2016 – Melon exports are booming this year, according to the Ministry of Commerce, with nearly 350,000 tonnes of watermelon and honeydew melons shipped out to China, India and other Asian destinations since April. Farmers have reaped more than US$42 million […]
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