Yoke The’ black tea will become the first Myanmar product to be sold on China’s e-commerce platforms, said the Myanmar Economic Counselor Office in Nanning, China. A one-year agreement was signed on January 14 between Myanmar’s Tawwin Kanbawza Mountain Co. Ltd and the Guangxi CAEXPO Brand Management Co., Ltd to market and sell the product […]
Myanmar to launch TradeNet 2.0 system in January
November 18, 2020 by
Myanmar is aiming to fully implement the newly upgraded TradeNet 2.0 system by January 2021, said Minister of Commerce U Than Myint during the launch of the online trade platform on November 12. When the system is fully implemented, traders will be able to apply for export/import licenses online. The upgraded e-licensing system is expected […]
Myanmar to Establish Credit Guarantee Corporation
February 6, 2020 by
Union Minister of Planning, Finance and Industry U Soe Win revealed during a January 22 meeting with local micro, small and medium enterprises that the ministry is working to form a credit guarantee corporation to help MSMEs get access to financial services. The ministry is working in collaboration with the Central Bank of Thailand to […]
Myanmar urged to develop microinsurance for the poor
September 11, 2019 by
Insurance services in Myanmar need to reach out beyond the existing clientele to support households with lower incomes to manage their insurable risks, participants at an industry workshop said. UK-funded DaNa Facility and the USAID’s Private Sector Development Activity jointly organised the seminar on “Promoting Microinsurance in Myanmar” in Yangon on September 9. “It is […]
First Myanmar RoboLeague 2019 held in Yangon
June 13, 2019 by
The First Myanmar RoboLeague 2019 was held in Theinbyu Stadium in Yangon Region on June 1, with opening speeches by Dr Myo Thein Gyi, Union Minister for Education and Mr Scot Marciel, ambassador of the United States to Myanmar. The USAID is supporting the RoboLeague competition, together with the Ministry of Education and Phandeeyar. It […]
Study backs benefits of small-scale commercial aquaculture
September 11, 2018 by
The true value of small-scale commercial aquaculture as a means of generating rural development and reducing poverty has been revealed in a new academic study. The study, Give a Man a Fishpond: Modeling the Impacts of Aquaculture in the Rural Economy, looks at how aquaculture can impact rural development in Myanmar. As author Dr Ben […]
Political make-up a bottleneck for Shan economy
October 24, 2017 by
The political make-up of the state’s executive and legislature results in a lot of time and energy spent on negotiations instead of implementing sweeping economic reforms in Shan, according to a local chamber of commerce. The state needs political stability and it needs to generate value-added agricultural products in order to grow its economy. Shan […]
