Day: January 13, 2020

Financial authorities, Kayin State SMEs discuss loans

Financial authorities, Kayin State SMEs discuss loans

Financial authorities held a meeting with small- and medium-sized enterprises in Kayin State yesterday to discuss granting loans to enterprises. Some 150 businesspersons from Kayin State attended the meeting with the committee on providing financial assistance for private sector development, which was led by Deputy Minister for Planning, Finance and Industry U Maung Maung Win. […]

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Local-made lotus towels find market in Japan

Local-made lotus towels find market in Japan

Japan is the largest buyer of towels woven with lotus thread. Pan Organic Wear is buying the thread derived by the residents from lotus stalks of the plants thriving in Soanye Inn lake near Soanye village in Kyaukse Township as raw material for the industry. The company is selling a towel woven with lotus and […]

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Rice export earnings exceed $250 in three months

Rice export earnings exceed $250 in three months

During three months of the current fiscal year, Myanmar earned over 250 million US dollars from the exports of around 900,000 tons of rice and broken rice, according to Myanmar Rice Federation.Till December 27 of 2019-20 FY, Myanmar exported 894,889.703 tons of rice and broken rice worth 256.452 million US dollars. Myanmar exports rice to […]

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CMP businesses import raw materials worth $608.9 mln

CMP businesses import raw materials worth $608.9 mln

Imports of raw materials by CMP businesses have been valued at US$608.9 million for the three months since October in the 2019-2020 fiscal year, an increase of $49.49 million compared with the year-ago period.Meanwhile, the exports of finished industrial goods touched a high of $2.6 billion between 1 October and 3 January in the current […]

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