Myanmar and China will cooperate in classifying rice types suitable for export to China following an agreement that up to 100,000 tonnes of rice can be exported to the country. The Myanmar Rice Federation (MRF) and the China National Cereals, Oils and Foodstuffs Corporation (COFCO) will cooperate in classifying these rice types. MRF general secretary U […]

The Ministry of Commerce (MoC) has drafted a law to establish a trade development body made up entirely of cabinet ministers and empower the new authority and MoC to issue lists of restricted items and non-tariff regulations. The legislation is expected to be approved by parliament within this year and the drafting was supported by the […]

More funding will be used for Mandalay Region development work in the 2019-2020 fiscal year, said Mandalay Hluttaw (Assembly) MP and regional Project Budget and Finance Committee member U Wine Chit Aung. As the Pyidaungsu Hluttaw (Assembly of the Union) has allocated additional funding to regional and state assemblies for fiscal year 2019-2020, more development work […]

The Czech Republic has announced interest to assemble Skoda cars in Myanmar, U Thaung Tun, Union minister for Investment and Foreign Economic Relations, said last week. Hungary and Czech Republic made the offers during State Counsellor Daw Aung San Suu Kyi’s Europe visit last month. However, more information on assembling Skoda vehicles in Myanmar was […]