At present, gold export has come to a stop after the international remittance for the gold transaction was changed from Telegraph Transfer (TT) to Letter of Credit (LC), he added.
LOCAL people from Myothit township, Magway region has grown a total of 23,757 acres of cotton farmland this year. They have cultivated more 298 acres of cotton than their expected acreage.
AS watermelon trucks heading to China is facing long queues, most of the watermelons turned bad. Only one in five trucks are left undamaged with quality watermelon, ...........
THE price of palm oil plummeted to K4,270 per viss (a viss equals 1.6 kilogrammes) at present, following the Kyat revaluation on the US dollar in the local forex market, according to the domestic market.
THE Central Bank of Myanmar (CBM) has announced that they have sold US$15 million on 15 December 2021 at an auction market rate, bringing a total number of sales of $43 million in December three times.