Myanmar will begin exporting watermelons to Dubai and Qatar this week, said U Naing Win, Chair of the Myanmar Watermelon and Muskmelon Exporters and Producers Association.The move will help Myanmar diversify beyond China, where most of the country’s locally produced watermelons are now being exported to. If sustainable, this will benefit local farmers as it […]
Thai event firm prioritises Myanmar in its overseas expansion
February 7, 2019 by
Despite the reluctance of many foreign companies to invest large amount of money in Myanmar in fear of policy uncertainty, Index Creative Village Plc is expanding its business in the country, according to Kreingkrai Mek Kanjanapokin, founder and Group CEO of the company. “We are focused 100 per cent on Myanmar because it is the […]
China port pact in focus as President visits Myanmar
December 11, 2018 by
President Ram Nath Kovind’s first visit to Myanmar starting on Monday will be an occasion to build upon the strong bilateral relationship with India’s biggest link with the Asean region. However, with Myanmar signing the Kyaukpyu port project with China in November, officials in India are concerned that this port could become a greater security […]
Tour operators barely surviving due to “incredibly shaky” demand
September 10, 2018 by
Small tour operators are on the verge of collapse as market demand in the tourism sector took a hit among Western visitors, as bookings for the impending peak season are “incredibly shaky”, according to a local company. In addition, hopes on wooing Asian investors were dashed by the now-abandoned “$1,000 in cash per tourist” entry […]
Myanmar Goes Ringside at China-India Bout
December 4, 2017 by
‘China will go all out to help Myanmar in time of crisis. India will also help Myanmar, but it does not go all out,” was the light-hearted comment made by a seasoned Asean diplomat based in Yangon recently. He was referring to the behaviour of Myanmar’s two powerful neighbours these past months, which is providing […]
ATM Growth Slows in China, India, Picks up in New Markets
November 18, 2017 by
The number of ATMs worldwide reached a record 3.3 million in 2016, however, the rate of expansion slowed to 3 percent, down from 5 percent in 2015, according to the RBR report, Global ATM Market and Forecasts to 2022. The decline has largely resulted from rationalization in western Europe and markets such as Brazil and […]
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