Exchange rate on US dollar stands below K2,000

THE exchange rate on US dollar dipped below K2,000 in the local forex market when a US dollar index hovered around 93 points and the Central Bank of Myanmar sold US$30 million to the authorized dealers at its auction rate of K1,800 last Friday (22 October).
200 companies struck off register due to AR absence in mid-Oct: DICA
A total of 200 companies was struck off the register in mid-October as they fail to submit an annual return (AR) on the online registry system, MyCO, according to the Directorate of Investment and Company Administration (DICA).
Myanmar ships over 160,700 tonnes of peanut to international markets in 2020-2021FY
Myanmar has exported US$190.7 million worth more than 160,776 tonnes of peanuts to the foreign trade partners in the financial year 2020-2021, according to the Ministry of Commerce.
Monsoon paddy price fetches K 620,000 per 100 baskets
The price for 100 baskets (one basket is equivalent to 46 pounds) of monsoon paddy fetched K620,000 in early harvest time, said U Zaw Khaing, the CEC of Myanmar Rice Federation.
Maize prices dip slightly to K600
THE prices of maize declined slightly to over K600 per viss (a viss is equal to 1.6kg), according to the Yangon Region Chambers of Commerce and Industry (Bayintnaung Wholesale Centre).
YGEA discusses paper gold investment

Sagaing fresh, dried tea leaves to be available in Mandalay market
Myanmar tea leaves are naturally grown without using any chemicals. Tea leaves in the Sagaing region are cultivated mostly in Homalin Township.