Exporters urgently need COVID-free certificates to ship fisheries products to China via land borders: MFF reports

The COVID-19 free certificate, essential for fishery exports to China, must be issued at the soonest as it can cause disturbance on trading, said general secretary U Win Kyaing of Myanmar Fisheries Federation (MFF). China authorities have given the go-ahead for fishery exports only with the presence of COVID-19 free certificate on products since last […]

Myanmar to sell rice to China only with down payment system

Myanmar will abolish the credit system in the selling of rice to China, and it will now exercise only the cash-down system to sell rice to China, said Vice-Chair U Min Thein of the Muse Rice Commodity Depot. By putting an end to the credit system to sell rice to China, it can prevent occurrences […]

Myanmar moves more trade functions online

MyanTrade, Myanmar’s trade promotion agency under the Ministry of Commerce, on October 21 launched a new website – www.myantrade.gov.mm – to better promote trade between local businesses and their international counterparts. The website’s key features and functions include information, guidelines and live chats for local businesses wanting to expand overseas and for foreign traders looking […]

Stronger kyat threatens exports, but presents import opportunities

Myanmar’s exports have come under pressure as a result of the weakening US dollar, which has made key exports such as rice more expensive in overseas markets, said U Soe Tun, a committee member of the Myanmar Rice Federation. While the weaker exchange rate has made prices more attractive to local farmers, falling demand from […]

Illegal Chicken Imports Continue to Worry Mandalay Producers

Representatives from the Mandalay Livestock Federation (MLF) urged the Mandalay Regional Government to take actions against illegal frozen chicken import and control its trading in the market in Mandalay. “It is difficult to estimate the real amount of imported frozen chicken in the market because massive shipments are coming into the market. This really has […]

Malaysia visa scheme negotiations hit snag

Taking a page out of the workers’ union book, overseas recruiters have found their boycott paid off. A moratorium on sending workers to Malaysia was launched after revisions to the scheme jumped the visa price and allowed a functional monopoly by funneling all applications through a single agency. Yesterday, the feuding parties managed to negotiate […]