Myanmar Awba Group, Myanmar’s largest manufacturer and distributor of agricultural technology, launched Myanmar’s first private agrochemical production complex in Yangon Region on August 19. The US$35 million Hmawbi Agricultural Input Complex (HAIC) is located near Wa Nat Cyaung Village in Hmawbi Township, occupying 126 acres of land. Myanma Awba is providing up to $25 million to […]

The very first Thailand-owned plastics industry which worth USD 12 million was opened in Thilawa SEZ on 20th August with the aim to develop plastics manufacturing industry in Myanmar. The company is joint venture between S.P Petpack Inter Group Myanmar and PTT Global Chemical Public Company. The industry will manufacture quality plastic products which meet […]

The Ministry of Industry (MOI) is inviting foreign and local enterprises to invest in the Eco-Industrial Park (Thaton) in Inn Shae Village, Thaton township, which is in Mon State. The park is open to businesses involved in any sector. Investors interested in setting up facilities at the 400-acre park are required to submit Expressions of […]

Following unchanged operating conditions in June, July survey data indicated the first deterioration in manufacturing performance since September 2017 among manufacturers in Myanmar. Fragile client demand was reflected in falls in output, employment, alongside a second successive decline in new business. “Input prices increased at the fastest pace since January 2017, amid reports from manufacturers […]

6 State owned factories, including 2 factories in Yangon, are to be sold off according to Ministry of Industry.  The list includes cotton industries, plastics bags industry in Kyauk Se, rubber industry in Thingangyun and LED industry in Mindamma. The Government also plans to privatize its remaining factories since they show billion losses every year. […]

Thailand and Myanmar will invest US$5 million to build a water purification plant near Letpadaungtaung copper mining project in Monywa, Sagaing Region, according to the Directorate of Investment and Companies Administration (DICA) in Sagaing Region. The name of Thai company is not disclosed at the moment. Sagaing Region’s DICA supports the plan on construction of […]

June survey data signalled no change in operating conditions on the previous month across Myanmar’s manufacturing sector. Sian Jones, Economist at IHS Markit who compiled the survey, said that this month’s data signalled an end to the recent eight month period of expansion across Myanmar’s manufacturing sector. Operating conditions were unchanged from May, with output […]

Twenty-nine automobile companies from Yangon, Mandalay and Nay Pyi Taw are warned by the Supervisory Committee for Motor Vehicle Import for violating rules, and are urged to settle their violation within 30 days. The supervisory committee conducted an inspection tour to check whether or not car sales centers abided by the prescribed rules and regulation. […]

Foreign businesses have been allowed to invest up to 80 percent in Myanmar’s agriculture sector instead of 49 percent, according to Myanmar Investment Commission (MIC). With this permission, investments in rice mills have increased to a certain degree. More investments have come to seed production businesses as foreigners are allowed to invest fully in them. […]

Directorate of Investment and Company Administration (DICA) is currently unable to approve registration and re-registration of companies through online system as most of the companies have incomplete data, said its director U Myo Min. Under the new online registration system, the DICA will approve the online registration only when companies can fill required facts correctly. […]