Myanmar rubber price hits record high

With the global rubber price rising, Myanmar’s rubber price hit a one-and-a-half-year record high of Ks1,000 per pound, according to the Myanmar Rubber Planters and Producers Association. Myanmar’s rubber RSS3 fetched about Ks800 per pound in early November. The Myanmar rubber price is positively related to that of global rubber. The prevailing rubber price hit […]

Myanmar Industrial zone operations expected to double in 2017

Businesses in industrial zones are expected to double in number next year because many businessmen are eyeing the sector for investment, said U Aye Thaung, the chairperson of Shwe Lin Pan Industrial Zone. The industrial business plays a vital role in the country’s economy, which is expected to be bolstered by a flood of foreign […]