Myanmar has recently begun exploring new markets such as Mozambique and Liberia to export rice through maritime trade, according to the Ministry of Commerce.
A plant is currently being constructed in Yesagyo Town of Magway Region to process jaggery powder, and there are plans to export the powder to five markets abroad, said Ko Kaung Sett Naing, the CEO of 555 Shwe Hinthar Co Ltd.
NEW businesses including one enterprise in the agriculture sector and two in the livestock and fisheries sector were permitted to bring in investments of US$200 million and K25 billion in early September, said U Thant Sin Lwin, the Director General of the Directorate of
Myanmar imported 4.9 million tons of fuel oil worth US$2.9 billion over the past 11 months of the current fiscal year, according to the Ministry of Commerce.
WITH traditional weaving businesses facing a decline in Kyouksitpone Myauk Village of Monywa Township, jobs for weavers are drying up, which is forcing them to turn to other sources of livelihood, according to U Khine Zaw Lat, the Village Administrator.