News
Chinese-Funded Port Gives Myanmar a Sinking Feeling
Myanmar’s government wants to sharply reduce the scale of a Chinese-funded port project on the Bay of Bengal that officials say risks saddling the country with unsustainable debt. Keep reading ...
Rice exports earn $193m
Myanmar earned about US$193 million from exporting around 560,000 tonnes of rice and broken rice until October 21 this fiscal year, according to the Ministry of Commerce. Keep reading ...
Power plant tender winner to be announced next week
The Ministry of Electricity and Energy will announce the winners of a tender to build a 300-megawatt power plant in Yangon next week, ministry officials said.The tender was issued in July for a five-year contract to supply 300MW of power to Yangon each day – ...
Export price of rice to China on the decline unlike stable domestic rice price
The price of rice exported to China through the Muse trade channel has been on the decline, unlike the domestic rice price, which remains stable said U Kyaw Min, the secretary of Mandalay Rice Depot.Keep reading ...
Natural gas export earned US$1.2billion
The export of natural gas as of 9th September in this fiscal year 2016-2017 fetched only US$1.2billion, a slump of US$770million when compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce.The export value of natural gas ...
