Business

Rice export to China decreases due to wetness, arrests

Rice export through Muse (105

Jade export value hits $402 m in six months

Jade export earnings reached US$402 million in the six-month mini budget period from April to September this year, exceeding US$196 million compared to the same period of last year,

Huawei to invest $140m in developing AI talent

 

CMP garment export earnings hit over $2.2 bn in six months

Out of total export value in the six-month mini budget from April to September this year, earnings from export of CMP garments reached the largest amount with US$2.2 billion, exceedi

Huawei set to back 1m AI developers in three years

 

Huawei Technologies Co, a global technology giant, has planned to support one million AI developers and partners over the next three years, said on Thursday William Xu, the firm’s director of the Board and chief strategy marketing officer, at Huawei Connect 2018 held in Shanghai.

“Helping industries go digital is not something that any company can do on its own. To effectively go digital, industries and industry organisations need to work together,” he said.

Local fuel price hikes continue

Local fuel prices have increased by over 21 percent in over four months as dollar and global oil prices increase again, according to local petrol stations.

Huawei unveils full-stack AI strategy, releases AI chips

 

With artificial intelligence (AI) trumpeted as destined to reshape human behaviour in all industries around the world in the near future, Huawei Technologies Co revealed on Wednesday its five-part AI strategy in the kick-off address to Huawei Connect 2018 held in Shanghai, China.

Myanmar earns US$630,000 from Maungdaw border trade export in Sept

 

Kyaukphyu SEZ project comes after Kyaukphyu Deep Sea Port project

 

Kyaukphyu Special Economic Zone project will be developed after Kyaukphyu Deep Sea port Project in Rakhine State, Union Minister for Commerce Dr. Than Myint told the Daily Eleven.

Annual FDI inflows expected to fetch $ 5.8 billion in 2018-19 FY

 

Foreign investment is expected to hit up to US$ 5.8 billion in 2018-2019 fiscal year, said Aung Naing Oo, Director-General of Directorate of Investment and Company Administration, at a ceremony to introduce the book titled “Myanmar Investment Promotion Plan (MIPP)” at Thingaha Hotel in Nay Pyi Taw on October 8.

This book aims to attract an inflow of foreign investments into the country and increase citizen investments in the country, he said.