As small and medium enterprises in Myanmar are facing challenges, the Union of Myanmar Federation of Chamber of Commerce and Industry is encouraging small and medium-sized enterprises to pursue digital competency to ensure their long-term survival, a chamber executive member said in an exclusive interview. Aye Tun, vice president of the chamber’s SMEs Committee and […]
Chamber backs SMEs to embrace digital technology
July 20, 2018 by Thiha
Filed Under: Latest News Tagged With: Aye Tun, bank loans, chamber executive member, chamber’s SMEs Committee, demand, digital technology, Germany’s GIZ, import, instant noodles, Japan International Cooperation Agency, joint ventures, Kasikorn-bank, local businesses, Ministry of Industry, Monywa, Myanmar goods, Myanmar Industries Association, Myanmar longyi, Small and Medium Enterprises, SME entrepreneurs, SMEs, tariff rates, Technology, Thailand, Union of Myanmar Federation of Chamber of Commerce and Industry, Vice-President
How Genius Coffee cracked Myanmar’s premium export market
August 9, 2017 by Thiha
One of the main challenges facing Myanmar is developing its export trade. The majority of Myanmar’s exports are extractives and raw goods. But some of Myanmar’s most lucrative potential export markets need to produce more value-added high-quality goods. The Global New Light of Myanmar Daily Newspaper interviewed U Ngwe Tun, founder mof Aung Nay Lin […]
Filed Under: Latest News Tagged With: benevolence evidence, Cambodia, Canada, Cargo, Central bank policy, chemical fertilizers, current bank interest rate, Demawso, domestic manufacturers, domestic market, export trade, financing sources, foreign markets, founder of Aung Nay Lin Htun Company Limited, Genius Shan Highlands Coffee, Global New Light of Myanmar Daily Newspaper, Hong Kong, India, international manufacturers, International traders, investment, Japan, Japanese partners, Kanbawza Bank, Loans, local brand, Myanmar, Ngape, One Stop Services, organic certified products, overseas customers, Pindaya, private commercial bank, Pyin Oo Lwin, Raw Materials, research, Shan State, singapore, small and medium business, SME entrepreneurs, Taiwan, Thailand, Thantaunggyi, the U.S., transportation, U Ngwe Tun, Ywangan, Ywangan area
Traders wish for negotiations with Chinese for blocked bank accounts
June 20, 2017 by Thiha
Traders want the State to enter into negotiations with the Chinese government over 1,000 bank accounts of Myanmar merchants which are frozen by Chinese banks, merchants said. The Chinese government blocked the bank accounts which are used in transactions in the course of taking actions against illegal importers from Myanmar and Viet Nam. The bank […]
Filed Under: Latest News Tagged With: Africa, ASEA N countries, Bank accounts, blocked bank accounts, Chinese, Chinese banks, Chinese government, cultivation cost, domestic market, Dr Soe Tun, drug, Europe, Exports, G to G agreement, government to government, illegal importers, MRF, Muse border trade gate, Myanmar, Myanmar merchants, secretary of Muse Rice Merchants Association, SME entrepreneurs, State Counsellor’s office, Tax, The Myanmar Rice Federation, the vice chairman of MRF, Traders, U Yin Sein, Viet Nam, watermelon exports, World Trade Organisation
