Parliament has approved the new National Plan law for fiscal 2019-20, which will be effective from October 1, 2019 to September 30, 2020. The National Plan is expected to help Myanmar’s GDP grow by 7 percent to K95.4 billion during the period compared to 6.8pc in fiscal 2018-19. Contributing to economic growth is the financial […]
Yara Myanmar imports new fertiliser for better crop quality
Yara Myanmar, an agriculture solutions provider, will import NPK fertiliser from Norway to help local farmers improve their productivity and raise the quality of their crops. Over the longer term, this will increase demand for Myanmar produce globally and help farmers become more sustainable and less reliant on volatile swings in global food prices. “We […]
Myanmar’s tourism boom faces manpower challenges
Tourism is booming in Myanmar. Over the past five years, visitors have been pouring into the country, after it shook off its image as a “pariah” state with the establishment of a quasi-civilian government and, for the first time in more than half a century, an administration under new leadership this year. Tourist arrivals surged […]