Myanmar records import plunge in capital goods in past mini-budget period

Apr 20,2022
ACCORDING to the construction market, the depreciation of the Kyat against the US
Agriculture Department targets 20,274 summer sesame acres in Minbu Township
Apr 19
ACCORDING to the Department of Agriculture, a total of 20,274 acres of summer sesame crops is projected in Minbu (Sagu) Township, Magway Region, to have the edible oil self-sufficiency.
Rakhine State to extend soft-shell crab farming acres up to 500 acres
Apr 19
THE soft-shell crabs from Rakhine State hold a strong external market, and efforts are made to increase the number of farming acres from 167 to 500.
Corn price persists in decreasing amid fluctuating prices of other crops
Apr 08
THE corn price did not drop under the normal price, although other crops’ prices fluctuate as corn plants can be grown all year round if the soil is moist, according to corn growers in Kyauktan Village, ............
COVID-19 impacts stop gold exports
Apr 08
The gold export has stopped owing to the COVID-19 pandemic, said Chair U Myo Myint of the Yangon Region Gold Entrepreneurs Association (YGEA).
Fish auction market in Myeik slated to complete in 2028
Apr 07
A proposal to establish a fish auction market, with an esti¬mated capital of US$300 million, in the Sandawut village-tract in
Import prices likely to drop as FX deposits must be converted into local currency at CBM reference rate of K1,850
Apr 06
THE Foreign exchange earned by locals in Myanmar must be deposited in accounts at the authorized banks and exchanged for the local currency at the Central Bank of Myanmar’s reference rate of K1,850, ..............