Japanese firm to help build industrial zone for agricultural goods in yangon

YANGON—A Japanese company will develop an industrial zone in Yangon focusing on the production of value-added agricultural goods. Japan’s JFE Engineering Corporation and Myanmar’s Dagon International Co. signed a memorandum of understanding on development of the industrial zone on Tuesday. The US$150-million (227.55 billion-kyat) industrial zone will be established on 500 acres of land owned […]

Areca nuts pile up at Indian border

Myanmar is facing a glut of areca, or betel nuts in border trading areas near India due to an influx of the product from Indonesia even as the Indian government continues to limit the import of agricultural goods from Myanmar, traders say. Areca nuts were a major export to India via the Tamu border trading […]