Danubyu January 29
In the Ayeyarwady Region, Danubyu Township, local agricultural products, specifically straw mushrooms, were transported to the Yangon market. According to Daw Than Than Oo, an agricultural product trader from Danubyu Township, a total of 64,000 viss of straw mushrooms were sold and shipped during the month of December.
In November 2024, Danubyu Township was able to ship only 40,000 viss of straw mushrooms to the Yangon market. However, from
Business news / Business-Local news - Thu, 30-Jan-2025
Danubyu January 29
In the Ayeyarwady Region, Danubyu Township, local agricultural products, specifically straw mushrooms, were transported to the Yangon market. According to Daw Than Than Oo, an agricultural product trader from Danubyu Township, a total of 64,000 viss of straw mushrooms were sold and shipped during the month of December.
In November 2024, Danubyu Township was able to ship only 40,000 viss of straw mushrooms to the Yangon market. However, from
December 1st to December 31 st , the volume increased significantly to 64,000 viss.
"Currently, straw mushrooms are being produced in Danubyu Township. Agricultural products from Danubyu are frequently shipped to the Yangon market. In December alone, we shipped over 64,000 viss of mushrooms. Even now, in January, there is a high demand for mushrooms from buyers in Yangon. The demand has increased as more restaurants and hotels are using them. The mushroom buds are particularly popular. If we can tap into international markets, sales could improve even further," said Daw Than Than Oo.
The straw mushrooms produced in Danubyu Township are purchased by agricultural product traders, who then clean and inspect them systematically before shipping them in large quantities to Yangon. Local farmers typically cultivate these mushrooms in beds that are 30 feet long and 10 to 20 feet wide. The current market price for these straw mushrooms is around 20,000 viss.
Kyaw Kyaw Lin
Source: Yadanarbon Newspaper
Danubyu January 29
In the Ayeyarwady Region, Danubyu Township, local agricultural products, specifically straw mushrooms, were transported to the Yangon market. According to Daw Than Than Oo, an agricultural product trader from Danubyu Township, a total of 64,000 viss of straw mushrooms were sold and shipped during the month of December.
In November 2024, Danubyu Township was able to ship only 40,000 viss of straw mushrooms to the Yangon market. However, from
December 1st to December 31 st , the volume increased significantly to 64,000 viss.
"Currently, straw mushrooms are being produced in Danubyu Township. Agricultural products from Danubyu are frequently shipped to the Yangon market. In December alone, we shipped over 64,000 viss of mushrooms. Even now, in January, there is a high demand for mushrooms from buyers in Yangon. The demand has increased as more restaurants and hotels are using them. The mushroom buds are particularly popular. If we can tap into international markets, sales could improve even further," said Daw Than Than Oo.
The straw mushrooms produced in Danubyu Township are purchased by agricultural product traders, who then clean and inspect them systematically before shipping them in large quantities to Yangon. Local farmers typically cultivate these mushrooms in beds that are 30 feet long and 10 to 20 feet wide. The current market price for these straw mushrooms is around 20,000 viss.
Kyaw Kyaw Lin
Source: Yadanarbon Newspaper
Business news / Business-Local news - Tue, 28-Jan-2025
REAL estate agents say that there are buyers to live in the property market and the rental market is stable. There are fewer investors than real buyers in the current real estate market. The rental market is stable with regular tenants due to people coming from other cities to Yangon for training and people moving in, while it has increased because of more relocations during the dry season, said an agent in Kyimyindine Township.
REAL estate agents say that there are buyers to live in the property market and the rental market is stable. There are fewer investors than real buyers in the current real estate market. The rental market is stable with regular tenants due to people coming from other cities to Yangon for training and people moving in, while it has increased because of more relocations during the dry season, said an agent in Kyimyindine Township.
“The real estate market is more active in real buyers than investors. Apartment rentals are regular. Many people are attending training courses and families are moving in among the tenants. Some people migrated from other cities and some relocated within Yangon. The rental market is stable with more activities in the dry season,” he said.
A slight increase in rental prices was seen this year. As a result of residential demand, hundreds or even thousands of units have been sold in some townships, and many individuals have purchased land plots for house construction.
“People from Yangon came down to Thanlyin and bought plots to build houses. With the new bridge completed, it is easier to travel, so we see more purchases,” said a Thanlyin resident. – MT/ZN
Source: The Global New Light of Myanmar
REAL estate agents say that there are buyers to live in the property market and the rental market is stable. There are fewer investors than real buyers in the current real estate market. The rental market is stable with regular tenants due to people coming from other cities to Yangon for training and people moving in, while it has increased because of more relocations during the dry season, said an agent in Kyimyindine Township.
“The real estate market is more active in real buyers than investors. Apartment rentals are regular. Many people are attending training courses and families are moving in among the tenants. Some people migrated from other cities and some relocated within Yangon. The rental market is stable with more activities in the dry season,” he said.
A slight increase in rental prices was seen this year. As a result of residential demand, hundreds or even thousands of units have been sold in some townships, and many individuals have purchased land plots for house construction.
“People from Yangon came down to Thanlyin and bought plots to build houses. With the new bridge completed, it is easier to travel, so we see more purchases,” said a Thanlyin resident. – MT/ZN
Source: The Global New Light of Myanmar
Business news / Business-Local news - Sun, 26-Jan-2025
Chairman of the State Administration Council Commander in- Chief of Defence ServicesSenior General Min Aung Hlaing, accompanied by the Commander-in-Chief (Navy), Admiral Htein Win, Commander-in-Chief (Air) General Tun Aung, Unionlevel officials, Chief Minister of Yangon Region, senior military officers from the Office of the Commander-in-Chief of Defence Services, Vice Chairman (1) of the Myanmar War Veterans Organization, Commander of Yangon Command, Yangon Mayor, and other responsible personnel, visited the Advanced Myan
Chairman of the State Administration Council Commander in- Chief of Defence ServicesSenior General Min Aung Hlaing, accompanied by the Commander-in-Chief (Navy), Admiral Htein Win, Commander-in-Chief (Air) General Tun Aung, Unionlevel officials, Chief Minister of Yangon Region, senior military officers from the Office of the Commander-in-Chief of Defence Services, Vice Chairman (1) of the Myanmar War Veterans Organization, Commander of Yangon Command, Yangon Mayor, and other responsible personnel, visited the Advanced Myanmar Thargaung War Veteran Housing (Laytaungkan) and the Thilawa Multi-purpose Agriculture and Livestock Zone in Dagon Myothit (South) Township, Yangon Region, this morning to inspect the progress of the projects.
First, the Senior General and party arrived at the the Advanced Myanmar Thargaung War Vetran Housing (Laytaungkan), where they were briefed by Yangon Command Commander Major General Zaw Hein and Directorate of Military Engineering Director Major General Zaw Naing Oo. The briefing covered the implementation and completion of instructions given by the Senior General during his visit in May 2022, the construction progress of the housing units, the settlement of war veterans, the ongoing plans for further settlements, the arrangements for the construction of preschools and middle schools, the current school enrollment, the completion of sports and playground facilities, and efforts to ensure adequate water and electricity supplies. Afterward, Yangon Region Chief Minister U Soe Thein provided an explanation on the historical background of the housing project and the current status of land utilization.
Regarding the presentations, the Senior General remarked that the Advanced Myanmar Thargaung War Veteran Housing (Laytaungkan) project is being developed as a town of war veterans.
He emphasized the need for the project to serve as a model housing initiative that contributes to the development of Yangon City. He also suggested incorporating a systematically planned solar power generation project aligned with the housing project's electricity requirements. Additionally, he stressed the importance of efficient and systematic utilization of land in the housing construction process. He noted that over 4,000 housing units have already been completed within the compound, transforming the area into a small-town-like community, and further necessities should be addressed accordingly.
He also provided instructions on other required actions. Afterward, the Senior General and party toured the housing compound by car to inspect the facilities. He gave instructions to the responsible personnel to ensure the cleanliness, tidiness, and aesthetic appeal of the housing area, as well as the proper functioning of water supply and drainage systems. He then warmly greeted the war veterans and their families residing in the housing compound.
Following this, the Senior General and party visited the construction site of a shopping complex located at the corner of Bogyoke Road and Road No. (7) near the housing project.
At the site, Vice Chairman (1) of the Myanmar War Veterans Organization retired Lt-Gen Ye Aung, and the officials responsible for the construction briefed them on the progress of the project, key project details, the expected final outlook upon completion, major construction milestones achieved, and the efforts being made to ensure completion within the designated timeline. Records of completed work were also presented.
In response to the briefing, the Senior General remarked that the shopping complex is being developed to improve the living standards of residents in Dagon Myothit (South) Town ship and those living in the Housing (Laytaungkan), as well as to create more employment opportunities. He instructed that solar panels be installed on rooftops to ensure a stable supply of electricity and that solar power systems be implemented in unused areas of the project site. He emphasized the importance of systematically planting fast-growing trees and shade-providing windbreak trees to enhance the greenery and environment. Additionally, he highlighted the need for efficient drainage systems and for roads within the town to be properly organized, with systematic water flow management to prevent flooding. The Senior General inspected the progress of the construction on-site, reviewed the updates provided by the responsible personnel, and gave necessary directives based on the findings.
Following this, the Senior General, along with his entourage, visited the Thilawa Multi-purpose Agriculture and Livestock Zone, located between the Yangon River and Hmawun Creek in Kyauktan Township, to inspect the progress of the project.
First, at the livestock zone briefing hall, Chairman of the Myanmar Economic Corporation General Nyo Saw, Chairman of Myanmar Economic Holdings Public Company Limited Lt-Gen San Oo, and other responsible personnel provided updates to the Senior General regarding the implementation of his directives.
They also presented the ongoing development of the Shwe Pyi Agriculture and Livestock Zone, the Thilawa Multi-purpose Agriculture and Livestock Zone, and the 26-Mile Multi-purpose Agriculture and Livestock Zone, along with the operations at Shwe Mu Yin Fish Ponds, Ngwe Pinle Fisheries and Ngwe Pinle Beef Cow Farming in Twantay Township. The presentation covered various ongoing activities, including livestock and fisheries operations, the production of livestock, fish, and various types of eggs for distribution to the market at affordable prices, the operations of the cold storage factory in Hlaingthaya, and the future plans. Additionally, they outlined progress in dairy farming, beef cattle farming, layer chicken farming, and goat farming at the Sun Yae Inn Farming Zone, as well as plans for the establishment of a feed processing factory. All these updates were explained in detail.
In response to the presentations, the Senior General stated that the establishment and operations of farming and livestock zones in Yangon Region aim to ensure sufficient supply of meat, fish, and seasonal crops within the region. He emphasized that Yangon Region, with a population of over 7 million, requiresthe strengthening of agricultural and livestock activities to ensure food security. Additionally, due to the large number of factories and workshops in the region and its growing population, efforts must be made to balance supply and demand and to stabilize the prices of essential commodities by increasing the production of meat, fish, and seasonal crops.
He further highlighted the importance of systematic farming and livestock activities, not only within farming zones and stations but also through selfsufficient farming in rural villages. He stressed the need for efficient production and ensuring the continuous availability of raw materials for livestock feed.
Similarly, efforts must also focus on producing an adequate supply of vegetables. He noted that increasing the production of essential food commodities is the key to reducing price inflation and called for successful implementation of these efforts.
In carrying out agricultural and livestock activities, it is necessary to move beyond traditional and conventional methods toward systematic farming and livestock practices. The Senior General emphasized the importance of continuously studying and adopting agricultural and livestock techniques from countries that have achieved success in these sectors.
Following this, the Senior General, along with his entourage, observed displays of fish species bred within the Thilawa Multipurpose Agriculture and Livestock Zone, as well as exhibits of products from the farming and livestock activities, including chicken eggs, duck eggs, and dairy products.
Later, the Senior General and party toured the Thilawa Multi-purpose Agriculture and Livestock Zone by car to inspect its operations.
Source: Myawady Web Portal
Chairman of the State Administration Council Commander in- Chief of Defence ServicesSenior General Min Aung Hlaing, accompanied by the Commander-in-Chief (Navy), Admiral Htein Win, Commander-in-Chief (Air) General Tun Aung, Unionlevel officials, Chief Minister of Yangon Region, senior military officers from the Office of the Commander-in-Chief of Defence Services, Vice Chairman (1) of the Myanmar War Veterans Organization, Commander of Yangon Command, Yangon Mayor, and other responsible personnel, visited the Advanced Myanmar Thargaung War Veteran Housing (Laytaungkan) and the Thilawa Multi-purpose Agriculture and Livestock Zone in Dagon Myothit (South) Township, Yangon Region, this morning to inspect the progress of the projects.
First, the Senior General and party arrived at the the Advanced Myanmar Thargaung War Vetran Housing (Laytaungkan), where they were briefed by Yangon Command Commander Major General Zaw Hein and Directorate of Military Engineering Director Major General Zaw Naing Oo. The briefing covered the implementation and completion of instructions given by the Senior General during his visit in May 2022, the construction progress of the housing units, the settlement of war veterans, the ongoing plans for further settlements, the arrangements for the construction of preschools and middle schools, the current school enrollment, the completion of sports and playground facilities, and efforts to ensure adequate water and electricity supplies. Afterward, Yangon Region Chief Minister U Soe Thein provided an explanation on the historical background of the housing project and the current status of land utilization.
Regarding the presentations, the Senior General remarked that the Advanced Myanmar Thargaung War Veteran Housing (Laytaungkan) project is being developed as a town of war veterans.
He emphasized the need for the project to serve as a model housing initiative that contributes to the development of Yangon City. He also suggested incorporating a systematically planned solar power generation project aligned with the housing project's electricity requirements. Additionally, he stressed the importance of efficient and systematic utilization of land in the housing construction process. He noted that over 4,000 housing units have already been completed within the compound, transforming the area into a small-town-like community, and further necessities should be addressed accordingly.
He also provided instructions on other required actions. Afterward, the Senior General and party toured the housing compound by car to inspect the facilities. He gave instructions to the responsible personnel to ensure the cleanliness, tidiness, and aesthetic appeal of the housing area, as well as the proper functioning of water supply and drainage systems. He then warmly greeted the war veterans and their families residing in the housing compound.
Following this, the Senior General and party visited the construction site of a shopping complex located at the corner of Bogyoke Road and Road No. (7) near the housing project.
At the site, Vice Chairman (1) of the Myanmar War Veterans Organization retired Lt-Gen Ye Aung, and the officials responsible for the construction briefed them on the progress of the project, key project details, the expected final outlook upon completion, major construction milestones achieved, and the efforts being made to ensure completion within the designated timeline. Records of completed work were also presented.
In response to the briefing, the Senior General remarked that the shopping complex is being developed to improve the living standards of residents in Dagon Myothit (South) Town ship and those living in the Housing (Laytaungkan), as well as to create more employment opportunities. He instructed that solar panels be installed on rooftops to ensure a stable supply of electricity and that solar power systems be implemented in unused areas of the project site. He emphasized the importance of systematically planting fast-growing trees and shade-providing windbreak trees to enhance the greenery and environment. Additionally, he highlighted the need for efficient drainage systems and for roads within the town to be properly organized, with systematic water flow management to prevent flooding. The Senior General inspected the progress of the construction on-site, reviewed the updates provided by the responsible personnel, and gave necessary directives based on the findings.
Following this, the Senior General, along with his entourage, visited the Thilawa Multi-purpose Agriculture and Livestock Zone, located between the Yangon River and Hmawun Creek in Kyauktan Township, to inspect the progress of the project.
First, at the livestock zone briefing hall, Chairman of the Myanmar Economic Corporation General Nyo Saw, Chairman of Myanmar Economic Holdings Public Company Limited Lt-Gen San Oo, and other responsible personnel provided updates to the Senior General regarding the implementation of his directives.
They also presented the ongoing development of the Shwe Pyi Agriculture and Livestock Zone, the Thilawa Multi-purpose Agriculture and Livestock Zone, and the 26-Mile Multi-purpose Agriculture and Livestock Zone, along with the operations at Shwe Mu Yin Fish Ponds, Ngwe Pinle Fisheries and Ngwe Pinle Beef Cow Farming in Twantay Township. The presentation covered various ongoing activities, including livestock and fisheries operations, the production of livestock, fish, and various types of eggs for distribution to the market at affordable prices, the operations of the cold storage factory in Hlaingthaya, and the future plans. Additionally, they outlined progress in dairy farming, beef cattle farming, layer chicken farming, and goat farming at the Sun Yae Inn Farming Zone, as well as plans for the establishment of a feed processing factory. All these updates were explained in detail.
In response to the presentations, the Senior General stated that the establishment and operations of farming and livestock zones in Yangon Region aim to ensure sufficient supply of meat, fish, and seasonal crops within the region. He emphasized that Yangon Region, with a population of over 7 million, requiresthe strengthening of agricultural and livestock activities to ensure food security. Additionally, due to the large number of factories and workshops in the region and its growing population, efforts must be made to balance supply and demand and to stabilize the prices of essential commodities by increasing the production of meat, fish, and seasonal crops.
He further highlighted the importance of systematic farming and livestock activities, not only within farming zones and stations but also through selfsufficient farming in rural villages. He stressed the need for efficient production and ensuring the continuous availability of raw materials for livestock feed.
Similarly, efforts must also focus on producing an adequate supply of vegetables. He noted that increasing the production of essential food commodities is the key to reducing price inflation and called for successful implementation of these efforts.
In carrying out agricultural and livestock activities, it is necessary to move beyond traditional and conventional methods toward systematic farming and livestock practices. The Senior General emphasized the importance of continuously studying and adopting agricultural and livestock techniques from countries that have achieved success in these sectors.
Following this, the Senior General, along with his entourage, observed displays of fish species bred within the Thilawa Multipurpose Agriculture and Livestock Zone, as well as exhibits of products from the farming and livestock activities, including chicken eggs, duck eggs, and dairy products.
Later, the Senior General and party toured the Thilawa Multi-purpose Agriculture and Livestock Zone by car to inspect its operations.
Source: Myawady Web Portal
Business news / Business-Local news - Fri, 24-Jan-2025
The statistics of Mawlaik District mentioned that a total of 2,006 acres of croplands have been placed under sunflower in Phaungpyin Township of Sagaing Region this year.
Starting from October last year, local farmers have been growing sunflower on 2,006 acres of croplands against the target of 2,436 acres of land.
The statistics of Mawlaik District mentioned that a total of 2,006 acres of croplands have been placed under sunflower in Phaungpyin Township of Sagaing Region this year.
Starting from October last year, local farmers have been growing sunflower on 2,006 acres of croplands against the target of 2,436 acres of land.
Daw Kywe Kywe Hlaing, Head of Mawlaik District Agriculture Department commented: “Local authorities set a plan to grow 2,436 acres of sunflower in Phaungpyin Township but farmers planted 2,006 acres of sunflower. They are striving for meeting the target cultivation. Cultivation of sunflower aims to reduce import volume of palm oil abroad. Sunflower produces larger volume of oil than that of groundnut and sesame. Local farmers prefer to grow sun-flower in cold season rather than monsoon.”
Officials of Phaungpyin Town-ship Agriculture Department conduct training courses for local farmers and agricultural staff to enhance their capacity of growing sunflower without any difficulties.
Moreover, the department arranges provision of quality seeds of sunflower to local far-mers and sale of urea fertilizers at fair prices. Moreover, arrangements are being made to ex-change quality seeds of sun-flower among farmers. SMK
Source: Myawady Daily Newspaper
The statistics of Mawlaik District mentioned that a total of 2,006 acres of croplands have been placed under sunflower in Phaungpyin Township of Sagaing Region this year.
Starting from October last year, local farmers have been growing sunflower on 2,006 acres of croplands against the target of 2,436 acres of land.
Daw Kywe Kywe Hlaing, Head of Mawlaik District Agriculture Department commented: “Local authorities set a plan to grow 2,436 acres of sunflower in Phaungpyin Township but farmers planted 2,006 acres of sunflower. They are striving for meeting the target cultivation. Cultivation of sunflower aims to reduce import volume of palm oil abroad. Sunflower produces larger volume of oil than that of groundnut and sesame. Local farmers prefer to grow sun-flower in cold season rather than monsoon.”
Officials of Phaungpyin Town-ship Agriculture Department conduct training courses for local farmers and agricultural staff to enhance their capacity of growing sunflower without any difficulties.
Moreover, the department arranges provision of quality seeds of sunflower to local far-mers and sale of urea fertilizers at fair prices. Moreover, arrangements are being made to ex-change quality seeds of sun-flower among farmers. SMK
Source: Myawady Daily Newspaper
Business news / Business-Local news - Wed, 22-Jan-2025
MYANMAR conveyed over 1.5 million tonnes of various pulses between April and December of the current financial year 2024-2025, including 700,000 tonnes of black gram, 200,000 tonnes of pigeon pea and 400,000 tonnes of green gram, Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association said.
Myanmar mainly exports black gram, green gram and pigeon peas to foreign markets. Of them, black gram and pigeon peas are primarily shipped to India, while green gram is exported to China and Europe.
MYANMAR conveyed over 1.5 million tonnes of various pulses between April and December of the current financial year 2024-2025, including 700,000 tonnes of black gram, 200,000 tonnes of pigeon pea and 400,000 tonnes of green gram, Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association said.
Myanmar mainly exports black gram, green gram and pigeon peas to foreign markets. Of them, black gram and pigeon peas are primarily shipped to India, while green gram is exported to China and Europe.
India has growing demand and consumption requirements for black grams and pigeon peas. According to a Memorandum of Understanding between Myanmar and India signed on 18 June 2021, India will import 250,000 tonnes of black grams and 100,000 tonnes of pigeon peas (tur) from Myanmar for five consecutive years from 2021-2022 financial year to 2025-2026 FY. This G-to-G pact will not affect the pulses’ annual quota set by India.
Myanmar’s exporters are also entitled to deliver the pulses to India under that yearly quota. The Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association stated that black grams, which India primarily purchases, are commonly found only in Myanmar, whereas pigeon peas, green gram and chickpeas are grown in African countries and Australia. — NN/KK
Source: The Global New Light of Myanmar
MYANMAR conveyed over 1.5 million tonnes of various pulses between April and December of the current financial year 2024-2025, including 700,000 tonnes of black gram, 200,000 tonnes of pigeon pea and 400,000 tonnes of green gram, Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association said.
Myanmar mainly exports black gram, green gram and pigeon peas to foreign markets. Of them, black gram and pigeon peas are primarily shipped to India, while green gram is exported to China and Europe.
India has growing demand and consumption requirements for black grams and pigeon peas. According to a Memorandum of Understanding between Myanmar and India signed on 18 June 2021, India will import 250,000 tonnes of black grams and 100,000 tonnes of pigeon peas (tur) from Myanmar for five consecutive years from 2021-2022 financial year to 2025-2026 FY. This G-to-G pact will not affect the pulses’ annual quota set by India.
Myanmar’s exporters are also entitled to deliver the pulses to India under that yearly quota. The Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association stated that black grams, which India primarily purchases, are commonly found only in Myanmar, whereas pigeon peas, green gram and chickpeas are grown in African countries and Australia. — NN/KK
Source: The Global New Light of Myanmar
Business news / Business-Local news - Tue, 21-Jan-2025
A workshop for promoting bamboo products and export potentials was held on 17 January 2025 at the Ministry of Commerce in Nay Pyi Taw to enhance Myanmar’s bamboo sector and bolster bamboo exports, according to the Myanmar Trade Promotion Organization.
A workshop for promoting bamboo products and export potentials was held on 17 January 2025 at the Ministry of Commerce in Nay Pyi Taw to enhance Myanmar’s bamboo sector and bolster bamboo exports, according to the Myanmar Trade Promotion Organization.
Deputy Minister U Min Min for Commerce addressed the objective of the workshop that concerted efforts need to be exerted to create export potential products and double exports through public-private partnerships following instructions of the head of the State. With the State supporting micro, small and medium enterprises (MSME) development, bamboo value-added production businesses will create job opportunities.
He urged to boost exports of bamboo products while observing the display of the bamboo products. Myanmar Trade Promotion Organization stated that the workshop also highlighted the topics regarding bamboo market conditions, production process, value-added production, productivity and bamboo outputs and sustainable bamboo resources.
Officials from the Commerce Ministry, Myanmar Bamboo Society, Myanmar Arts and Crafts Association, Myanmar Rattan and Bamboo Entrepreneurs Association, Bamboo shoot and bamboo growers’ group and related exporters were present at the workshop. — NN/ KK
Source: The Global New Light of Myanmar
A workshop for promoting bamboo products and export potentials was held on 17 January 2025 at the Ministry of Commerce in Nay Pyi Taw to enhance Myanmar’s bamboo sector and bolster bamboo exports, according to the Myanmar Trade Promotion Organization.
Deputy Minister U Min Min for Commerce addressed the objective of the workshop that concerted efforts need to be exerted to create export potential products and double exports through public-private partnerships following instructions of the head of the State. With the State supporting micro, small and medium enterprises (MSME) development, bamboo value-added production businesses will create job opportunities.
He urged to boost exports of bamboo products while observing the display of the bamboo products. Myanmar Trade Promotion Organization stated that the workshop also highlighted the topics regarding bamboo market conditions, production process, value-added production, productivity and bamboo outputs and sustainable bamboo resources.
Officials from the Commerce Ministry, Myanmar Bamboo Society, Myanmar Arts and Crafts Association, Myanmar Rattan and Bamboo Entrepreneurs Association, Bamboo shoot and bamboo growers’ group and related exporters were present at the workshop. — NN/ KK
Source: The Global New Light of Myanmar
Business news / Business-International news - Mon, 20-Jan-2025
INDIA and the United States reaffirmed their commitment to fostering secure, reliable, and interoperable digital connectivity and ICT infrastructure during the US-India Information and Communications Technology (ICT) Working Group meeting.
INDIA and the United States reaffirmed their commitment to fostering secure, reliable, and interoperable digital connectivity and ICT infrastructure during the US-India Information and Communications Technology (ICT) Working Group meeting.
The discussions held in New Delhi on Friday highlighted areas of collaboration, including advancements in 5G and 6G networks, artificial intelligence, cross-border data flows, and the promotion of Open Radio Access Networks (Open RAN). The US Department of State in a joint statement said, “The United States and India renewed our shared commitment to open, interoperable, reliable, and secure digital connectivity and ICT infrastructure to support the growth of the digital economy during a meeting of the US-India Information and Communications Technology (ICT) Working Group in New Delhi on 17 October 2024.”
“The 2024 ICT Working Group included discussions with private sector representatives from both countries on the promotion of secure and resilient 5G and 6G wireless networks, including through open and interoperable approaches like Open RAN and quantum communications; digital talent, collaboration on artificial intelligence (AI), expanding opportunities for Indian and US Information Technology, telecommunications, electronics manufacturing, and semiconductor companies in both countries; and support for trustworthy cross-border data flows, data protection, and data privacy measures,” it added. — ANI
Source: The Global New Light of Myanmar
INDIA and the United States reaffirmed their commitment to fostering secure, reliable, and interoperable digital connectivity and ICT infrastructure during the US-India Information and Communications Technology (ICT) Working Group meeting.
The discussions held in New Delhi on Friday highlighted areas of collaboration, including advancements in 5G and 6G networks, artificial intelligence, cross-border data flows, and the promotion of Open Radio Access Networks (Open RAN). The US Department of State in a joint statement said, “The United States and India renewed our shared commitment to open, interoperable, reliable, and secure digital connectivity and ICT infrastructure to support the growth of the digital economy during a meeting of the US-India Information and Communications Technology (ICT) Working Group in New Delhi on 17 October 2024.”
“The 2024 ICT Working Group included discussions with private sector representatives from both countries on the promotion of secure and resilient 5G and 6G wireless networks, including through open and interoperable approaches like Open RAN and quantum communications; digital talent, collaboration on artificial intelligence (AI), expanding opportunities for Indian and US Information Technology, telecommunications, electronics manufacturing, and semiconductor companies in both countries; and support for trustworthy cross-border data flows, data protection, and data privacy measures,” it added. — ANI
Source: The Global New Light of Myanmar
Business news / Business-Local news - Sat, 18-Jan-2025
NAY PYI TAW January 17
A meeting to hold the Union Level MSME product exhibitions and competitions took place at the meeting hall of the Ministry of Industry in Nay Pyi Taw this afternoon, with an address by Chairman of the MSME Development Work Committee Vice Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win.
NAY PYI TAW January 17
A meeting to hold the Union Level MSME product exhibitions and competitions took place at the meeting hall of the Ministry of Industry in Nay Pyi Taw this afternoon, with an address by Chairman of the MSME Development Work Committee Vice Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win.
Also present at the meeting were Union Minister for Industry Dr Charlie Than, Nay Pyi Taw Council Chairman U Than Tun Oo, the Nay Pyi Taw Council member, the Vice Mayor, departmental heads and officials.
Speaking at the meeting, the Vice-Senior General said that Union Level MSME product exhibitions and competitions aims to continuously enhance products and services of MSME businesses, to use new value-added products at home and penetrate foreign markets, enhance collaborative efforts among MSME businesses in regions and states to supply needs of regions each other in the production chain and expose weak and strong points of processes, encourage relevant one region-one product businesses to have success, further create linkages between MSME businesses and internal and external investors, award Union level MSME model product prizes and enable MSME businesses to operate in the long run.
Moreover, the exhibitions and competitions must contribute to observation over weak and strong points of domestic products from Nay Pyi Taw Council Area, regions and states to improve their products. This will allow for necessary improvements and the opportunity for products to receive national-level branding. The exhibition and competition aim to ensure consumers are aware of the quality standards of products through certifications, which will lead to positive outcomes. Through the displays and presentations by relevant ministries, agencies, and business owners participating in the event, it will facilitate connections between MSME and related ministries, organizations, and businesses, creating opportunities for them to access resources, methods, practices, and other benefits provided by the ministries and affiliated organizations.
Regarding MSME products, business owners and officials should engage in discussions to understand the changes in customer behaviour, technology, information, investment, and market trends both internationally and within their own country. They should also be monitor the ongoing digital transformation, the use of online banking systems, and how to adapt to these changes. The shift from instore purchasing systems to online marketing systems should be understood, as well as regional preferences and consumption patterns. By staying informed and adaptable to market changes, they will be able to use online marketing and online payment systems more widely and effectively.
Moreover, through MSME exhibitions and competitions, new, high-quality products will emerge, and by exporting these quality products, foreign exchange earnings will be generated. Therefore, MSMEs should strive to export their products by understanding the product requirements and regulations of the importing countries. For example, to export products to China, it is necessary to obtain General Administration of Customs of the People’s Republic of China (GACC) approval. Similarly, they should also be aware of the trade restrictions of other countries. Therefore, relevant ministries should provide information and technology to entre-preneurs in a timely manner through various channels.
This MSME exhibition and competition is organized by the working committee, and the relevant working committees and subcommittees should learn from previous experiences and coordinate with each other to prevent shortcomings, weaknesses, and difficulties. They should also pay special attention to health and safety and conduct thorough inspections.
Furthermore, Union Minister Dr Charlie Than explained the arrangements for the opening ceremony of the national-level MSME product exhibition and competition, the pavilions of ministries, regions, and states, the types of products to be displayed, the types of competitions, and the award ceremony.
Subsequently, Deputy Minister for Industry and chairman of the organizing committee U Yin Maung Nyunt explained the formation of subcommittees and the arrangements for holding the union-level MSME product exhibition and competition.
Then, the chairmen and responsible persons of the security subcommittee, invitation, venue arrangement and hospitality subcommittee, archway and pavilion construction subcommittee, pavilion placement and display subcommittee, opening ceremony, award ceremony and entertainment subcommittee, competition, selection and award ceremony subcommittee, business/economic linkage subcommittee, administrative matters subcommittee, electricity supply subcommittee, information and publicity subcommittee, and finance subcommittee explained the work being carried out by their respective committees and the arrangements to be continued.
After that, the attendees made clarifications on the necessary matters for the successful holding of the MSME product exhibition and competition, and the Vice-Senior General Soe Win made a concluding remark by coordinating and summarizing the necessary matters.
This union-level MSME product exhibition and competition will be held at the Tapaung Ground, south of Upattasandi Pagoda in Nay Pyi Taw, from February 10 to 14, with approximately 80 pavilions including ministerial pavilions, regional/state pavilions, traditional food stalls, business-to-business (B2B) linkages, technology pavilions, foreign machinery and product pavilions, and small-scale industrial and cooperative product pavilions. A total of 31 types of awards will be given for various product categories.
Source: Myawady Web Portal
NAY PYI TAW January 17
A meeting to hold the Union Level MSME product exhibitions and competitions took place at the meeting hall of the Ministry of Industry in Nay Pyi Taw this afternoon, with an address by Chairman of the MSME Development Work Committee Vice Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win.
Also present at the meeting were Union Minister for Industry Dr Charlie Than, Nay Pyi Taw Council Chairman U Than Tun Oo, the Nay Pyi Taw Council member, the Vice Mayor, departmental heads and officials.
Speaking at the meeting, the Vice-Senior General said that Union Level MSME product exhibitions and competitions aims to continuously enhance products and services of MSME businesses, to use new value-added products at home and penetrate foreign markets, enhance collaborative efforts among MSME businesses in regions and states to supply needs of regions each other in the production chain and expose weak and strong points of processes, encourage relevant one region-one product businesses to have success, further create linkages between MSME businesses and internal and external investors, award Union level MSME model product prizes and enable MSME businesses to operate in the long run.
Moreover, the exhibitions and competitions must contribute to observation over weak and strong points of domestic products from Nay Pyi Taw Council Area, regions and states to improve their products. This will allow for necessary improvements and the opportunity for products to receive national-level branding. The exhibition and competition aim to ensure consumers are aware of the quality standards of products through certifications, which will lead to positive outcomes. Through the displays and presentations by relevant ministries, agencies, and business owners participating in the event, it will facilitate connections between MSME and related ministries, organizations, and businesses, creating opportunities for them to access resources, methods, practices, and other benefits provided by the ministries and affiliated organizations.
Regarding MSME products, business owners and officials should engage in discussions to understand the changes in customer behaviour, technology, information, investment, and market trends both internationally and within their own country. They should also be monitor the ongoing digital transformation, the use of online banking systems, and how to adapt to these changes. The shift from instore purchasing systems to online marketing systems should be understood, as well as regional preferences and consumption patterns. By staying informed and adaptable to market changes, they will be able to use online marketing and online payment systems more widely and effectively.
Moreover, through MSME exhibitions and competitions, new, high-quality products will emerge, and by exporting these quality products, foreign exchange earnings will be generated. Therefore, MSMEs should strive to export their products by understanding the product requirements and regulations of the importing countries. For example, to export products to China, it is necessary to obtain General Administration of Customs of the People’s Republic of China (GACC) approval. Similarly, they should also be aware of the trade restrictions of other countries. Therefore, relevant ministries should provide information and technology to entre-preneurs in a timely manner through various channels.
This MSME exhibition and competition is organized by the working committee, and the relevant working committees and subcommittees should learn from previous experiences and coordinate with each other to prevent shortcomings, weaknesses, and difficulties. They should also pay special attention to health and safety and conduct thorough inspections.
Furthermore, Union Minister Dr Charlie Than explained the arrangements for the opening ceremony of the national-level MSME product exhibition and competition, the pavilions of ministries, regions, and states, the types of products to be displayed, the types of competitions, and the award ceremony.
Subsequently, Deputy Minister for Industry and chairman of the organizing committee U Yin Maung Nyunt explained the formation of subcommittees and the arrangements for holding the union-level MSME product exhibition and competition.
Then, the chairmen and responsible persons of the security subcommittee, invitation, venue arrangement and hospitality subcommittee, archway and pavilion construction subcommittee, pavilion placement and display subcommittee, opening ceremony, award ceremony and entertainment subcommittee, competition, selection and award ceremony subcommittee, business/economic linkage subcommittee, administrative matters subcommittee, electricity supply subcommittee, information and publicity subcommittee, and finance subcommittee explained the work being carried out by their respective committees and the arrangements to be continued.
After that, the attendees made clarifications on the necessary matters for the successful holding of the MSME product exhibition and competition, and the Vice-Senior General Soe Win made a concluding remark by coordinating and summarizing the necessary matters.
This union-level MSME product exhibition and competition will be held at the Tapaung Ground, south of Upattasandi Pagoda in Nay Pyi Taw, from February 10 to 14, with approximately 80 pavilions including ministerial pavilions, regional/state pavilions, traditional food stalls, business-to-business (B2B) linkages, technology pavilions, foreign machinery and product pavilions, and small-scale industrial and cooperative product pavilions. A total of 31 types of awards will be given for various product categories.
Source: Myawady Web Portal
Business news / Business-International news - Wed, 15-Jan-2025
AS of 2024, BMW Group had delivered over 400,000 new energy vehicles in the Chinese market, the German automaker said on Monday. In the same year, the company sold more than 714,000 BMW and MINI vehicles in China, with electric vehicle sales rising by 7.7 per cent year on year and accounting for 15 per cent of total sales. To capitalize on the vast opportunities in the Chinese market, BMW continues to introduce new models tailored for the country.
AS of 2024, BMW Group had delivered over 400,000 new energy vehicles in the Chinese market, the German automaker said on Monday. In the same year, the company sold more than 714,000 BMW and MINI vehicles in China, with electric vehicle sales rising by 7.7 per cent year on year and accounting for 15 per cent of total sales. To capitalize on the vast opportunities in the Chinese market, BMW continues to introduce new models tailored for the country. Last week, the company announced that the new model BMW X3 has officially entered mass production at its manufacturing facility in Shenyang in northeast China’s Liaoning Province. The vehicle is scheduled for its official launch this February. — Xinhua
Source: The Global New Light of Myanmar
AS of 2024, BMW Group had delivered over 400,000 new energy vehicles in the Chinese market, the German automaker said on Monday. In the same year, the company sold more than 714,000 BMW and MINI vehicles in China, with electric vehicle sales rising by 7.7 per cent year on year and accounting for 15 per cent of total sales. To capitalize on the vast opportunities in the Chinese market, BMW continues to introduce new models tailored for the country. Last week, the company announced that the new model BMW X3 has officially entered mass production at its manufacturing facility in Shenyang in northeast China’s Liaoning Province. The vehicle is scheduled for its official launch this February. — Xinhua
Source: The Global New Light of Myanmar
Business news / Business-Local news - Tue, 14-Jan-2025
THE Chinese artichoke, a seasonal vegetable produced from Heho, has been sold well. It is the harvesting season of Chinese artichokes after the lima bean season and the trade has increased despite its high price, with nationwide orders, according to beans traders from Aung ban Township. “The Chinese artichoke season has started now, after lima bean season. Some cook it with lima bean, some make it pickled and some use it in fried vermicelli or noodle. It is a root vegetable and dug from the earth.
THE Chinese artichoke, a seasonal vegetable produced from Heho, has been sold well. It is the harvesting season of Chinese artichokes after the lima bean season and the trade has increased despite its high price, with nationwide orders, according to beans traders from Aung ban Township. “The Chinese artichoke season has started now, after lima bean season. Some cook it with lima bean, some make it pickled and some use it in fried vermicelli or noodle. It is a root vegetable and dug from the earth. The price has been high as it is the beginning of the season but the trade has increased too. It is mainly grown in Heho. Orders have been placed nationwide including Yangon,” said an owner of beans trading in Aungban Township. Chinese artichoke is a root vegetable and can be eaten fried, pickled, cooked or steamed. It is delicious either cooked or raw and it tastes like water chestnut if it is eaten raw in salad and can be used like potato if it is steamed, sauté, soup or steamed recipes. — Thit Taw/ZS
Source: The Global New Light of Myanmar
THE Chinese artichoke, a seasonal vegetable produced from Heho, has been sold well. It is the harvesting season of Chinese artichokes after the lima bean season and the trade has increased despite its high price, with nationwide orders, according to beans traders from Aung ban Township. “The Chinese artichoke season has started now, after lima bean season. Some cook it with lima bean, some make it pickled and some use it in fried vermicelli or noodle. It is a root vegetable and dug from the earth. The price has been high as it is the beginning of the season but the trade has increased too. It is mainly grown in Heho. Orders have been placed nationwide including Yangon,” said an owner of beans trading in Aungban Township. Chinese artichoke is a root vegetable and can be eaten fried, pickled, cooked or steamed. It is delicious either cooked or raw and it tastes like water chestnut if it is eaten raw in salad and can be used like potato if it is steamed, sauté, soup or steamed recipes. — Thit Taw/ZS
Source: The Global New Light of Myanmar