by Tin Mg Oo Myanmar plans to send a delegation to Thailand to negotiate for an extension of tax exemption for corn imports from Myanmar, which runs from February 1 to August 31, according to Myanmar Maize Producers and Exporters Association. Myanmar has exported 400,000 tons of the commodity to Thailand,...
by Zin Thu Tun The Union government, in an attempt to encourage exports from Mon State, will include rubber, fishery and food produced in the state in the National Export Strategy 2020-2025. This follows a March 6 workshop on the matter involving stakeholders from the government and private sectors. “We will...
by Myo Sandar After allowing 401 companies to import over 900,000 tons of sugar under the re-export program in June 2018, the Ministry of Commerce put a stop to the practice. To satisfy domestic sugar demand, the government last March started allowing refined sugar imports for use in making beverages including...
by Zin Thu Tun The E-Commerce Association of Myanmar (ECAM), officially launched on March 10 at Novotel Hotel, Yangon, aims to offer opportunities and protections to local e-commerce businesses and customers and assist the country in adopting strong and precise policies and regulations for the industry. “ECAM aims to address the...
byMyo Sandar Makro Myanmar, a subsidiary of Thailand-based wholesaler Makro, signed an agreement with the Myanmar Fruit, Flower and Vegetable Producer and Exporter Association (MFVP) on March 10 to secure supply for its wholesale market at Upper Pazundaung. “Makro will buy fruits and vegetables from us to sell on their shelves....
by Ei Thandar Tun South Korean nationals and all who have spent time in South Korea recently, including citizens of Myanmar, will be required to show a health certificate when entering Myanmar, according to an announcement by the Myanmar Embassy in South Korea. These individuals need to be tested at a...
by Zin Thu Tun The Central Bank of Myanmar on March 12 cut interest rates for savings and loans by 0.5 percent in a bid to boost economic growth. The new rates come into effect April 1. In accordance with the rate cuts, the minimum rate for savings, saving bonds and...
Swiss watchmaker Mido has launched the Ocean Star Tribute special editions to celebrate the 75th anniversary of the iconic collection, first unveiled in 1944. The Ocean Star collection epitomizes the brand’s watchmaking knowhow as a maker of reliable timepieces with high performance water-resistance system. The two special editions make multiple nods...
Singapore Airlines (SIA) will provide a wider range of fares and personalized content to its travel trade partners in Myanmar from September 1, the airline said via a release on March 10. The change comes via an expansion of the airline’s KrisConnect Program, which leverages new distribution technology to make...
by Tin Mg Oo Myanmar’s fishery exports to China have not suffered from the coronavirus outbreak as traders have kept business going by connecting with each other after trade volume went flat in early February. “When the outbreak caused trouble to trade flow, we kept trade going as much as we...