Myanmar’s border trade reaches over $135 mln in mini-budget year

MYANMAR’S trade with neighbouring countries through land borders reached over US$135 million as of 15 October in the mini-budget year of 2021-2022 or transition period from October to March this year, according to figures released by the Commerce Ministry.
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