Myanmar turns attention to Asian travellers as European markets decline

With Asian markets dominating in the face of declining European arrivals, Myanmar tourism players are shifting their focus to intra-regional travellers. The Asian market accounted for 70 per cent of international arrivals to Myanmar in 2017. Growth in the market is led by Vietnamese visitors, with a 75 per cent year-on-year increase at Yangon International […]

Bumpy Ride for Tourism Seen in 2018

The tourism industry this year went beyond expectations despite the sudden outbreak of violence in the northern Rakhine State that gave the country a negative image, but the sector is expected to face a more challenging environment next year. Tourist arrivals in the first 11 months this year was 20 per cent higher compared with the […]

Myanmar needs to break into the European markets, say jade dealers

More than the sole reliance on the Chinese jade market, efforts are required to break into European markets as well in order to protect Myanmar’s jade market, say sources in the jade trading industry. In order to revive the domestic jade market by breaking into European markets, jade dealers exclaim that more needs to be […]

Sturgeons to be exported to Asia, EU markets

STURGEON breeding in Myanmar will be expanded by over 50 per cent of its current capacity with a view to export sturgeons to Asian and European markets, said U Han Tun, the executive vice president of the Myanmar Fisheries Federation (MFF). Sturgeons are receiving higher demand from European and Asian countries. Sturgeons must mature for […]

Muse traders flout rice exports ban

Despite a ban on rice exports as Myanmar struggles to recover from a nationwide flooding disaster, traders are continuing business at the Muse border with China. In early August, the Myanmar Rice Federation announced a ban on exports for six weeks as more than 500,000 acres of paddy flooded nationwide and more than 300,000 acres […]

Myanmar garment firms explore Paris & Berlin markets

Representatives of nine top Myanmar based apparel factories went to Paris and Berlin last month in order to get a better understanding of European markets and European buyers’ requirements. “The participants were able to gain insights into the multilayered European textile market by visiting two major garment and textile trade shows located in Paris and […]

Myanmar to export high-quality rice to Japan

YANGON—Myanmar will export 6,000 tonnes of high-quality rice to Japan for second time in May, according to the Myanmar Agribusiness Public Corporation (MAPCO). “We are now preparing to export 6,000 tons of rice that have already been tender awarded. Japan is going to buy native paddy strains and Myanmar is now test exporting high-quality rice […]

Myanmar garment exports soar following EU trade pact

Garment exports have surged since the European Union admitted Myanmar into its generalised system of preferences last April, opening up European markets. According to U Aung Myint, director of SMC garment manufacturing and member of the Myanmar Garment Manufacturers’ Association, Myanmar exported US$400 million worth of garments from May through July, on pace to surpass […]

Rakhine shrimp farmers chase European markets

Improved market access leads to Rakhine shrimp farm resurgence though declining yields remain a concern Former shrimp farmers in Rakhine State are restarting long-dormant businesses following encouraging rule changes in the European Union, though many claim yields have diminished because of environment degradation and illegal fishing. The EU announced improved market access for Myanmar fishery […]

Balloon adventures set for takeoff in Mandalay

Eager adventurers will soon have the chance to enjoy an aerial view of Mandalay from a hot air balloon starting this October, a newly launched company says. Oriental Ballooning plans to launch the service on October 25, with daily, pre-sunrise services through to at least the end of March – weather permitting. “There was no […]