Myanmar urged to fix key issues for industrial revamp

MYANMAR’S potential to become a regional investment hub would be realised only if the government manages to address major challenges businesses are facing in the nation, a banking expert has warned. Than Lwin, a senior consultant at KBZ Bank Ltd and former deputy governor of the Central Bank of Myanmar (CBM) stressed the importance of […]

Japan’s technology sought to turn Myanmar into major rice exporter

Myanmar agricultural experts are eager to use a Japanese fertilizer that could help them grow better rice and significantly increase output, if only their farmers could afford it. After the experts studied the fertilizer manufacturing process during a visit to Katakura Chikkarin Co.’s plant in Chiba Prefecture on Aug. 25, they said they wanted Japan […]

Myanmar rice companies benefit from Thai expertise

Thai rice companies are now exploring new joint venture opportunities with their Myanmar counterparts — the goal is to leverage on the untapped potential that Myanmar offers as a rice exporter. Myanmar was once the world’s top rice exporter, before military rule. YANGON: Rice in Myanmar is not just a staple food for its people, […]

Competition and Hesitant Investors Put Brakes on Myanmar’s Rice Industry

Burma’s ambition to become a major rice exporter again is facing numerous hurdles, not least of which is the problem of oversupply in the world market. Domestic media reported last week that Burma’s export earnings have already slumped about US$100 million so far in this financial year because of weaker harvests caused by poor weather. […]

Taking the Pulse of Myanmar’s Bean Business

Each morning the floor of the Bayintnaung commodity exchange center in northern Rangoon is jammed with traders and middlemen and buyers looking for the latest prices and deals for some of Burma’s agricultural produce. Famously Burma was once the world’s biggest rice exporter, a position long-lost due to the decades of economic mismanagement under the […]