Myanmar Trade Centre to open in Singapore

Myantrade has plans to open a Myanmar Trade Centre in Singapore in the near future to provide support for the country’s agricultural exports. Secretary of the Myanmar Fruit, Flower and Vegetable Producer and Exporter Association said the trade centre – which will be monitored closely by the Myanmar Embassy to Singapore – can help Myanmar […]

Domestic fish industry flounders due to COVID-19 pandemic

The COVID-19 impacts resulted in less fish consumption, according to the Myanmar Fisheries Federation (MFF). The coronavirus pandemic shut down the wedding, donation events, festivities and restaurants. It also poses difficulties in transportation. The restrictions caused a slump in fish consumption in the local market. Moreover, the individual income loses from heightened COVID-19 measures such […]

Thilawa, Thakayta and Thanlyin work together to implement first-ever LNG-to-Power project

The breeze blowing through the Yangon River made me warm. A host of sea-going vessels are anchored in the wide river. A scene of a flock of birds slowly flying in the sky seems a flurry and the ships small and big navigating in the river looks like a moving painting. On the bankside of […]

Myanmar’s coffee export drops by half this year

Myanmar’s coffee export has fallen by half this year on the weak demand triggered by the coronavirus. Typically, Myanmar exports about 500-600 tonnes of coffee to external markets. The volume plummeted to 300 tonnes this year, said U Thi Ha, general secretary of Myanmar Coffee Association. Following the development of a vaccine for the COVID-19, […]

Rice prices rise in Yangon as COVID-19 restrictions squeeze supply

The volume of rice available for trade has fallen substantially since March, when COVID-19 first broke out in Myanmar, said U Than Oo, secretary of the Bayint Naung Wholesale Center. “Rice produced for domestic consumption and exports have declined. Yangon has not been receiving the same amount of volumes for exports like before,” he said. […]

20 CNG stations in Yangon close due to falling demand

20 Yangon CNG stations close on September 16 as the sale of CNG declines, according to a representative of the Yangon Region CNG Sales Department. A total of 41 CNG stations currently sell around 19 million cubic feet of gas each day in the city. Given that consumption rates have fallen by around 50 percent, […]

Stock standards: papermarkers face international competition

A lack of locally produced high quality paper means printers are heavily dependent on imported stock, dealers say – although strong demand may allow the country to learn from industry leaders like Indonesia over the next few years. With paper consumption high in Myanmar, consumers of imported paper tend to focus more on price than […]