Japanese companies are becoming interested in the local industry which will manufacture products in Myanmar and export them to India, China and Thailand, said Japanese Ambassador to Myanmar Mr. Ichiro Maruyama, at Japan-Myanmar Resource, Trade and Investment Expo 2019 at Inya Lake Hotel in Yangon on October 19. “There are many Japanese companies which are […]
Growing high-end avocados for the world in Shan State
September 27, 2019 by
Daniel Bennett, managing director and co-founder of Shan Orchard Myanmar, reckons Myanmar is the perfect place for the company to reach its goal of growing up to 100 acres of premium Hass avocados for export. “We are interested in southern Shan, where our orchard is, because of its unique subtropical/temperate climate, which is ideal for […]
China Co invests $37 mln in cattle breeding, trading business
July 26, 2019 by
Chinese company Kangrui Agriculture Livestock Development Company Limited invested US$37 million to carry out the breeding and trading of cattle in Myanmar, according to the Directorate of Investment and Company Administration (DICA). “That permitted enterprise is aimed for export to China. This is the first ever enterprise that has been given the green light for […]
Special economic zones pull in over $208 mln in investment
July 26, 2019 by
More than 110 enterprises, including four domestic businesses, invested US$208 billion in the Special Economic Zones (SEZs), under the Special Economic Zone Law, as of 10 July in the current fiscal year, according to figures released by the Directorate of Investment and Company Administration. Singapore topped the list of foreign investors, accounting for more than […]
Myanmar to resume fish exports to Saudi Arabia after inspections
May 10, 2019 by
After inspections are carried out by Saudi Arabia, Myanmar will be able to resume its fish export which had been suspended. Saudi Arabia has sent the necessary checklists to Myanmar Fisheries Department on April to allow farmed fishes export from Myanmar said U Thet Naing, deputy director of the Quality Control and Research Division of […]
Myanmar to export farmed fisheries to EU from May onwards
April 24, 2019 by
Myanmar will be able to export farmed marine products to the European Union (EU) starting from May 1, said U Thet Naing, deputy director of the Quality Control and Research Division of Fisheries Department. Up until recently, the EU had only permitted imports of fish caught in the wild. From next week onwards, this will […]
Sugar export licences to be suspended on lack of demand
April 9, 2019 by
The Ministry of Commerce (MOC) last month suspended 103 licenses to re-export sugar due to a lack of demand from China, said U Win Htay, deputy chair of the Myanmar Sugar and Sugarcane Related Products Merchant & Manufacturers Association. Out of 103 companies, 49 companies will have their trading registrations suspended for three months, while […]
