Monitoring the Agri-food System in Myanmar 2022 - Agricultural Crop Traders – March 2022 survey
More than 90 percent of traders reported increased transport costs, up by 74 percent on average over the past year, driven by fuel price increases of 168 percent. Read More
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New China-Myanmar railway route launched in boost for trade with ASEAN
A new international railway route from Southwest China's Chongqing Municipality to Mandalay, southern Myanmar, has officially started operation, with the first freight train departing from Chongqing on Monday, which will arrive in Mandalay about 20 days earlier than what it takes on traditional routes. Read More
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Myanmar energy crisis deepens as power plant investors balk
As Myanmar braces for its crippling power and economic crises to intensify, there are fears the military regime will get tough with investors and push ahead with controversial energy projects. Read More
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Myanmar Firm Monitoring Survey
The survey also covers all of Myanmar and is divided into 5 zones (Yangon, Mandalay, Chin and Dry Zone, Delta and Coastal Lowland, and the Hilly Zone). Read More
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Global & Myanmar Business News
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Market Education Leads to DDGS Sales to Myanmar
In 2020, Myanmar was listed by the Council as a new and emerging market with high potential in Southeast Asia. Read More
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Wheat prices hit record high after Indian export ban
The price jumped to 435 euros ($453) per tonne as the Euronext market opened, up from the previous record of 422 euros reached on Friday. Read More
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Global & Myanmar Logistics News
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Worker Shortages Snarl Shipping Even as Shanghai Lockdowns Ease
China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply-chain congestion, according to a major shipping company. Read More
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Two vessels are unloading over 30,000 tons of fuel oil: MPTA
Two vessels were unloading more than 30,000 tons of fuel at the Yangon port, according to Myanmar Petroleum Trade Association (MPTA). Read More
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Cambodia, Myanmar expedite trade deals
Cambodia and Myanmar are in the process of expediting negotiations on two important draft agreements in a bid to swiftly increase trade cooperation with each other, citing low bilateral trade volume. Read More
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Feasibility study sought for new int'l port terminal in Myanmar
Myanmar's Ministry of Transport and Communications is inviting tenders to carry out a feasibility study for the new international port terminal near Mawlamyine in southern Mon State. Read More
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Link via Bangaladesh, Myanmar to help strengthen IPEF too; S Jaishankar
External affairs minister S Jaishankar on Saturday said India is looking at enhancing connectivity with Myanmar and Bangladesh which will not only help build a strong partnership with ASEAN countries but also make a difference to the Indo-Pacific Economic Framework (IPEF). Read More
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China–Myanmar Border Crossings Start To Reopen
According to the Myanmar Golden Phoenix newspaper, trucks and goods stranded on the Chinese side of the Ruili–Muse and Wanding–Pang Hseng border crossings will be permitted to cross into Myanmar through the Golden Triangle channel of the former crossing. Read More
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Supply chains are never returning to ‘normal’
The conventional wisdom at this time is that most of the world has moved on from the pandemic (except for China); therefore, supply chains will return to “normal.” Unfortunately, this is not the case. Read More
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Up and ATOM: Telenor Myanmar rebrands and pledges 5G investment
In March, Telenor finalised its sale of the unit to M1 Group for US$105 million, and its new owner has now opted to drop the previous owner’s name in favour of rebranding as ATOM (Advancing Telecommunications of Myanmar) as part of the “post-transaction situation.” Read More
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Series SEA: Who's investing in the region's logistics and transportation startups?
Using our data, we've generated this constantly updated list of investors that have backed the region's logistics and transportation startups in the past two years. Read More
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Hong Kong logistics firm raises pre-series A money
Hong Kong-based Spaceship, a cross-border logistics startup, has raised an undisclosed amount in a pre-series A round from investors including, Paragon Investment, 500 Global, and SparkLabs Taipei. Read More
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Amazon to pull Kindle out of China, other businesses to remain
Amazon.com (AMZN.O) said it will stop supplying retailers in China with its Kindle e-readers from Thursday and will shut its Kindle e-bookstore there next year, in the latest pullback by a U.S. tech firm from the restrictive Chinese market. Read More
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Startup funding in logistics: Focused investment in a growing industry
Global attention seemed to shift toward logistics and supply chains during the COVID-19 pandemic. Read More
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Within such a fragmented logistics market, Karzo is a reliable platform which simplifies your business’ trucking and logistics through one simple dashboard that manages shipments across the whole of Myanmar and cross-border into the region. Read More
Karzo provides goods transportation for corporate enterprises through our extended network of suppliers and drivers. Read More
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USD-MMK FX Rate
16/05/2022 - 1,850.0
15/06/2022 - 1,850.0
Source: https://forex.cbm.gov.mm/index.php/fxrate
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Premium Diesel Yangon
16/05/2022 - 2,285 MMK
15/06/2022 - 2,635 MMK
Source: https://maxenergy.com.mm/#pricelist
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Karzo manages the largest truck fleet in Myanmar providing goods transportation, logistics, cross-border imports and exports, and warehousing for corporate businesses moving cargo anywhere in the country.
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