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
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
Rumors of Korean business pullout false
A rumor that around 100 Korean businesses will leave Myanmar for Bangladesh is false, said U Thant Sin Lwin, Secretary of the Myanmar Investment Commission (MIC). Speaking to the Myanmar Times, U Thant Sin Lwin dismissed recent reports in Bangladesh
Watermelon prices drop as Chinese demand falls
The price of watermelons, a main agricultural export, has dropped due to low demand from China. It is not the first agricultural export to suffer due to the fickle Chinese market, and may encourage farmers to improve growing standards to access buyer
ASEAN says RCEP deal will benefit Myanmar
Myanmar will benefit from the ambitious Regional Comprehensive Economic Partnership (RCEP), said ASEAN secretary Lim Jock Hoi. Lim argued that while Myanmar will not actually sign the 16-nation agreement, it would certainly benefit from it indirectl
