Investors focusing on real estate, power generation in Myanmar

Real estate and power became the sectors most focused on by investors in the months of October of November, the Directorate of Investment and Company Administration (DICA) has revealed. In the first two months of the 2019-20 fiscal year that began on October 1, the Myanmar Investment Commission approved 41 investments totaling US$1.3 billion (K1.9 […]

Fruit and Vegetable Industry Teams Up With Developer to Build Wholesale Market in Mandalay

​​ Developers in Mandalay are planning to build a commodity exchange centre for businesses trading in fruit, flowers and vegetables. Local company Shwe Moe Group is behind the plans, and will receive with help from the Myanmar Fruit, Flower and Vegetable Producer and Exporter Association (MFFVPEA). The project aims to group all of Mandalay’s vendors […]

Watermelon, muskmelon income accounted for 80 per cent of fruit and vegetables exports

Watermelon and muskmelon made up 80 per cent of the income earned from fruits and vegetables exported to foreign countries, according to the Commerce Ministry. During the 2015-2016 fiscal year, fruit and vegetable exports accounted for about US$93million in income, with export values of about US$60milllion from watermelon and about 20 million form muskmelon, said […]