The first phase of Kyaukpyu deep seaport project will be implemented with US$1.3 billion investment and China agreed to continue the project based on economic gains, said Dr Than Myint, Union Minister for Commerce and Chairman of Central Committee of Special Economic Zone. “The investment is US$1.3 billion for the first phase of the project. […]
Meeting on expansion of using Baht/Kyat and Yuan/Kyat in border trade held
June 27, 2022 by
Deputy Governor of the Central Bank of Myanmar Daw Than Than Swe, Secretary of the Central Committee for Ensuring the Smooth Flow of Trade and Goods and officials discussed the expansion of Yuan/Kyat and Baht/Kyat usage in Myanmar-China and Myanmar-Thailand border trade, yesterday in Nay Pyi Taw. Myanma Economic Bank, local private banks and Thai […]
Regional Comprehensive Economic Partnership Agreement (RCEP) enters into force between Myanmar and China
May 1, 2022 by
During the negotiation period and signing of the Regional Comprehensive Economic Partnership (RCEP) between ASEAN and China, Japan, South Korea, Australia and New Zealand, the participation of Myanmar in RCEP has been covered in newspapers and shared the discussions with business people.The RCEP was discussed for eight years, starting in 2012, and the ASEAN countries, […]
Myanmar conveys Seintalone mango to China on trial run
April 29, 2022 by
Myanmar delivered Seintalone mango varieties to China with a road test from 27 April, said U Kyaw Soe Naing, general secretary of the Myanmar Mango Market and Technology Development Association (Mandalay).“One 12-wheel truck carrying Seintalone mango left for China on 27 April. We still do not know the market condition,” U Kyaw Soe Naing elaborated.He […]
China makes high offer for Myanmar quality peanut
April 23, 2022 by
The prices of Myanmar’s quality peanuts exported to China touched a high of K3,800 per viss (a viss equals 1.6 kilogrammes) due to the domestic market’s lack of supply and a hike in imported edible oil prices.According to the Mandalay wholesale market, the price of peanuts remains on the upward trend following the strong domestic […]
China allows Myanmar fishery products only with COVID-free certificates
February 2, 2021 by
Department of Animal and Plant Quarantine of the General Administration of Customs of China-GACC informed the Embassy of the Republic of the Union of Myanmar in Beijing that China has allowed import of Myanmar fishery products only upon production of COVID-free certificate. The GACC mentioned in a statement that to ensure the safety and effective […]
Myanmar Needs Major Powers’ Cooperation, Not Competition
January 28, 2021 by
Myanmar has recently received high-level delegations from major powers and will continue to do so. Major powers, such as Japan, China, India, Russia, and the US, are vying to engage with Myanmar. On January 19, a new US ambassador to Myanmar, Thomas Vajda, presented his credentials to President U Win Myint. He will be the […]
China, Myanmar sign MoU on feasibility study of Mandalay-Kyaukphyu railway
January 12, 2021 by
China and Myanmar signed a memorandum of understanding (MoU) on Sunday to conduct feasibility study of a railway linking Mandalay, the country’s second largest city in Myanmar’s central region, with Kyaukphyu, the major town in Myanmar’s Rakhine state, according to a release from the Chinese embassy in Myanmar. Speaking at the signing ceremony, Chinese Ambassador […]
China unveils early warning and data sharing website to cooperate with Mekong River countries
December 2, 2020 by
China made good on its promise to share year-round hydrological data on upper reaches of the Mekong River with the kickoff of an online information sharing platform on Monday. The platform aims to provide reliable forecasting and early warning services related to floods and droughts. China extended its sharing to all five downstream countries – […]
China, Thailand become major markets for Myanmar avocados
November 19, 2020 by
Myanmar avocados are essential to export legally to China and Thailand, said U Lin Thant Aung, the secretary of the Myanmar Avocados Producer and Exporter Association.Currently, Myanmar avocados are exported to China and Thailand through the border under the order system, which does not guarantee the market and earning good prices, he added. “We export […]
