Myanmar to sell rice to China only with down payment system

Myanmar will abolish the credit system in the selling of rice to China, and it will now exercise only the cash-down system to sell rice to China, said Vice-Chair U Min Thein of the Muse Rice Commodity Depot. By putting an end to the credit system to sell rice to China, it can prevent occurrences […]

Korean electrical firms seek sale representatives in Myanmar

The Republic of Korea are seeking local representatives for technical cooperation and to help distribute electrical power equipments in Myanmar’s market, according to the local businessmen. The Korean electrical power firms led by Korea West Power Corporation held a discussion with Myanmar entrepreneurs at Sedona Hotel in Yangon on September 3. “We establish the association […]