Myanmar’s quality-seed imports soar over 10 years

Myanmar’s imports of quality seeds soared in the past decade as the country’s agricultural sector grew, the head of the Agriculture Ministry said. U Aung Thu, Minister of Agriculture, Livestock and Irrigation, said seed imports rose 45 times between 2009 and 2019. “Our country’s seed imports increased to US$45 million in 2019 from just over […]

Associations to Take Responsibilities for Agricultural Inputs

The Myanmar Fruit, Flower and Vegetable Producers and Exporters Associations and other regional associations will buy agricultural inputs from tender winning companies for farmers in the Bago Region, Mandalay Region, and Sagaing Region who are growing watermelon and cantaloupe. Agricultural inputs are all the items needed to grow crop such as seed, fertilizer, irrigation, pesticides. […]

Cooperatives set to receive K550 billion in funds

Funds for farmers and the agricultural sector totalling more than K550 billion are going to be provided to central cooperative associations on July 7, said Director U Myo Aung of the Ministry of Agriculture, Livestock and Irrigation. The funds will then be distributed to regional and state-level, which will then disburse the money to farmers […]

Yangon Lawmakers Call Local Govt’s Industrial Zone Projects ‘Unrealistic’

YANGON — Yangon lawmakers have criticized the industrial zone projects of the regional government as “unrealistic.” Lawmakers on Tuesday discussed the regional government’s plan to establish 11 new industrial zones on the city’s outskirts. It was announced by Yangon Region Chief Minister U Phyo Min Thein last month on the sidelines of the Yangon Investment […]

IFC, partners working toward boosting Myanmar rice industry

YANGON, MYANMAR — IFC through a partnership with Australia, the United Kingdom and Japan signed a memorandum of understanding (MoU) with the Myanmar Rice Federation (MRF) to support sustainable growth of Myanmar’s rice industry. The MoU aims to accelerate changes in the industry through development, improvement, and promotion of milled rice standards and paddy grading […]

Agricultural sector contributes to 30 pc of GDP

The socio-economic status of most farmers remains low even though the agricultural sector accounts for about 30 per cent of the GDP, President U Htin Kyaw said in his message to the ceremony to mark the Peasants’ Day which falls on March 2. Around 70 per cent of the country’s total population is living in […]

Falling farm prices, currency hit Thai-Myanmar trade

TAK: Trade value across the border with Myanmar border in Mae Sot district dropped more than 10% last year on falling prices in the agricultural sector and a drop in the value of the kyat. Suchart Triratwattana, the chief adviser of the Tak Chamber of Commerce, said on Wednesday border trade between the district and […]

Yangon looks to cut rice production

Military-appointed First Vice President Myint Swe meets business leaders in Yangon. The Yangon regional government is holding discussions with the Ministry of Agriculture, Livestock and Irrigation about growing other crops in 1.2 million acres of paddy fields, said the region’s Chief Minister Phyo Min Thein on September 23. “We are drafting a master plan for […]

Metro Cash & Carry builds warehouse in Myanmar

Metro Cash & Carry, an international specialist in wholesale and food retail with a presence in 25 countries, recently entered Myanmar by kicking off construction of its warehouse in Thilawa special economic zone this week. Tiparayat Kaewsringarm, deputy CEO of Metro Wholesale Myanmar, the company’s Myanmar subsidiary, said in an interview that the firm would […]

Crop insurance, land reform and investment are essential to Myanmar’s agricultural sector

Q: What is the state of the rice industry in Myanmar? A: The government relaxed its control of the rice industry in 2003. Since FY2012-2013, rice export volume has exceeded one million tons per year. Q: Rice from Myanmar does not meet international standards and fails to sell for good prices in the international market. […]