Golden Myanmar Investment Consortium, which was formed by investors from China, Hong Kong and Myanmar to develop industrial zones, is planning to set up a new zone in Htantabin township, Yangon, the Yangon Region government and Yangon Region Investment Committee have announced. The creation of the industrial zone is expected to require investments totaling US$500 […]
Read MoreState Counsellor Daw Aung San Suu Kyi signed two Memorandums of Understanding (MoU) and one agreement with China on April 25, according to the Ministry of Information. The two MoUs and agreement were signed during a meeting between Daw Suu and Chinese Premier Mr. Li Keqiang during the Second Belt and Road Forum for International […]
Read MoreNETS will share with Myanmar’s national payment network its technical and operational knowledge on Singapore’s unified e-payment system for QR codes – the Singapore Quick Response (SGQR) Central Repository platform, with the intention of implementing a similar platform in the South-east Asian country. This is the first project under the new payment technology exchange and development […]
Read MoreDESPITE Myanmar’s economic growth having declined to 6.2 per cent last year from 6.8 per cent in 2017 , the nation remains resilient and is expected to return to growth of 6.5 per cent this year and 6.6 per cent next year, according to WB economists. Andrew Mason, World Bank’s acting chief economist for East […]
Read MoreMyanmar will export Moringa oleifera, or drumstick trees, to Japan for the first time from June onwards, said U Myint Ko, chair of Myanmar Drumstick and Moringa Producer and Exporters Association. Japan, China, Malaysia and Singapore have offered to purchase the drumsticks from Myanmar but Myanmar can produce only limited quantities of the tree, he […]
Read MoreChina has agreed to import 400,000 tonnes of rice from Myanmar via sea, increasing its import quota for Myanmar rice from 100,000 tonnes currently, U Khin Maung Lwin, assistant secretary from the Ministry of Commerce (MOC), told The Myanmar Times. “Rice can be shipped to China soon,” he said. The development comes after the two countries […]
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