South Korea will ship about 37 tons of fresh fruit to Myanmar to assess its potential and build effective distribution channels in the local market, Seoul’s agriculture ministry said Thursday. Gyeongbuk Corporation, a South Korean food wholesaler and exporter, will ship 7 tons of apples and 8 tons of pears on Friday, and 17 tons […]
Thailand Turns to Mekong Neighbors, Myanmar to Diversify Exports
October 14, 2015 by
Thai policy makers searching for ways to reverse a slump in exports may have found a solution close to home — a $170 billion market just over the border that’s growing by more than 6 percent a year. As shipments to China, Europe and the U.S. slow, Thailand’s government is crafting a strategy to deepen […]
Illicit capital flows into Myanmar soar
September 10, 2015 by
The report, by US non-profit Global Financial Integrity (GFI), looks at illicit capital flows in Myanmar between 1960 and 2013. It finds that despite a number of political and economic changes since 2010, unlawful inflows – mostly due to misinvoicing – are growing fast. GFI estimates that US$18.7 billion flowed illegally out of Myanmar over […]
Foreign Firms Tap Myanmar Meat Market
March 13, 2015 by
Meat exporters from the United States, Brazil and Japan are looking to export quality meat to Myanmar and their representatives are in talks with Myanmar’s Meat Industry Board, according to Myanmar Livestock Federation (MLF). “The United States is set to exempt tariffs on fishery or garment exports from our country and we will also have […]
Trade Website Eyes Linking Local Businesses with Overseas
February 24, 2015 by
The Department of Trade Promotion is set to launch a website to share information and market data, according to Daw Thidar Win Htay, assistant general manager of the department. “The website will facilitate local businesses in linking with overseas markets while posting regulations, policy changes and market information. As trade centres are also being developed […]
Taiwan Manufacturers to Tap Myanmar, Laos Market
January 15, 2014 by
Taiwan’s top trade promotion body said last week that it will organise tours to explore business opportunities in Myanmar and Laos in March, targeting the industrial product market in the two countries, where demand for machinery and power supplies is high. In Myanmar, demand for imported machinery is high in the agricultural and industrial sectors, […]
Intellectual Property Group to Be Formed Ahead of Expected Law
December 10, 2013 by
YANGON — The Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) will launch a Myanmar Intellectual Property Association ahead of the expected passage of an Intellectual Property Law by Myanmara’s Parliament, according to a UMFCCI official. Aye Lwin, joint secretary general of the UMFCCI, said at a seminar on intellectual property (IP) […]
