Shortfalls in irrigation and low rates of the use of machinery have led to low productivity in Myanmar’s agricultural sector. A 2016 World Bank report found productivity was behind that of the country’s regional counterparts. During the monsoon months, for example, one day of work would generate 23 kg of paddy in Myanmar, compared to 62 kg in...
Global food demand is expected to increase by between 59% and 98% by 2050. However, global freshwater resources are already overstretched due to climate change and soaring population growth, and it is unclear how agriculture will keep up with these challenges. In recent years climate-induced water shortages in urban areas have brought water...
Myanmar boasts diverse ecological conditions, fertile soils, and promising fisheries and aquaculture. The current administration has centred its vision for future economic prosperity and its drive to alleviate poverty around agriculture. Underlying the sector’s significance, agriculture accounted for 38% of GDP and 70% of the workforce in 2018...
Myanmar boasts diverse ecological conditions, fertile soil, and promising fisheries and aquaculture. The...
Foreign companies are showing interest in Myanmar’s geostrategic location, abundant natural resources and youthful population. A focus on following international best business practices and reducing the informal economy, paired with an annual GDP growth forecast at around 6% in the coming years, is setting Myanmar on a path to catch up with some regional peers.
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