Japan has made an official offer to participate in the development of the Dawei Special Economic Zone (SEZ), said U Myint San, Vice Chair of the SEZ management committee. “The Japanese government has made a proposal after we invited them to participate in the project on a government-to-government (G2G) level on November 5. They’ve sent […]
One million acres of cornfield farming contracted in Shan
The Shan State Government is planning to cooperate with private investors and farmers to cultivate one million acres of maize under a contract farming arrangement in Shan State. This would expand the existing maize acreage in Myanmar by around 50 percent as there is now about 1.9 million acres of cornfields in the country, with […]
Myanmar to participate in U.S. fishery exhibit
Myanmar is planning to participate in the international fishery and sea products exhibition in Boston, United States from the 16 to 18 of March. This will aim to showcase Myanmar’s budding potential in the international sea food and fishery market. “We are to take part in the upcoming Boston international fishery and sea products exhibition […]
Joint Ventures, Branch Offices First on Offer to Foreign Lenders: CB Official
YANGON — An easing of restrictions will likely allow foreign banks to enter into joint ventures with local lenders and open branch offices in Myanmara, according to Khin Saw Oo, deputy governor of the Central Bank. Responding to a report from Reuters that Myanmara would allow some foreign banks to start offering limited financial services […]