Myanmar rice export through sea trade generated an estimated income of US$581.6 million as of 17 July in the current financial year and the figures reflect an increase of $181.4 million compared with a year-ago period, as per data from Myanmar Rice Federation (MRF). Myanmar maritime trade constituted over 85 per cent of rice exports. […]
Read MoreThe prices of black and white sesame seeds are significantly rising in Mandalay market on the back of strong demand from China, Mandalay traders said. This year, high sesame producing regions of Myanmar (Magway, Mandalay and Sagaing regions) experienced low yield due to drought impacts. During the meantime, China high demand hiked the prices, according […]
Read MoreMyanmar Investment Commission has approved a $230.60 million worth Hlegu Industrial Park project, to be invested by Singapore based Sembcorp CSSD Myanmar Co., Ltd, as well as $180 million worth AEON Large Scale Shopping Mall, which will create over 2,300 jobs. In addition to that, the investment body also approved seven new investments in industry, […]
Read MoreThe Myanmar economy is projected to rebound faster than regional and global averages and will benefit from China’s relatively swift recovery, according to Oxford Business Group’s report called Covid-19 Response Report (CRR) , produced in partnership with the medical equipment supplier Okkar Thiri. While no economy remains immune to the negative effects of Covid-19, the […]
Read MoreMyanmar’s Union Parliament on Wednesday approved a US$483.8 million (660 billion kyats) loan from the Asian Development Bank (ABD) for an expressway that is a part of the international East West Economic Corridor (EWEC). The project hopes to link Vietnam’s port of Da Nang and Thilawa port in Yangon, passing through Laos, Cambodia and Thailand. […]
Read MoreDaw Aung San Suu Kyi, at Myanmar-Japan Investment Dialogue on Economic Recovery After COVID-19 and New Investment Opportunities, held on July 29, has invited investments for a new industrial park in the west of Yangon and a new economic zone in Mon State. “Quality job creation remains at the heart of Myanmar Sustainable Development Plan […]
Read More
Thailand
