China eyes Myanmar bananas
China may soon ink a new banana trade deal. Deputy Minister of Commerce U Aung Htoo announced that the two country’s are in talks to sign an agreement for China to import large quantities of Myanmar bananas, adding that fruit to the list of hi
Tourism rises in Mandalay
Tourism is rising in Mandalay as around 600,000 tourists are expected to have visited the city by the end of the year. That is a significant rise from last year, the Directorate of Hotels and Tourism in Upper Myanmar (DHT) told the Myanmar Times. Chi
China eyes Ayeyarwady as potential shipping channel
To overcome Myanmar’s underdeveloped roadway infrastructure, China could be turning to the Ayeyarwady River. The country has been conducting feasibility studies for ports that will link Yunnan with Mandalay and Yangon. The developments would be
China to invest USD 130 million in agriculture
A Chinese state-owned enterprise will invest in three agricultural centers around Myanmar valuing USD 130 million. The Chinese CITIC Construction Group will partner with the Myanmar Rice Federation (MRF) and the Myanmar Agribusiness Public Corporatio
Shan fighting again disrupts trade
Ongoing fighting in Shan State has once again begun disrupting land trade with China. Recent operations by the Northern Alliance of armed ethnic groups has kicked off fresh skirmishes along one of Myanmar’s most important trade routes, and frei
