Under a program between Myanmar’s Yangon and China’s Kunming, a Memorandum of Understanding on official rice exports to China will be signed soon, according to Minister of Commerce. “We plan to sign the MoU for the export of rice and broken rice to China by this month or next. Negotiations are at the final level […]

A drop in global coffee prices has affected Myanmar’s coffee growers. Depending on the type of coffee, the price has dropped to around US$ 500 a tonne. Coffee growers in Myanmar enjoy some protection from price volatility though. “While the volume of coffee exported has declined due to the global oversupply, growers in the Ywa […]

The Ministry of Planning and Finance and the Ministry of Electricity and Energy submitted a proposal to Union Parliament seeking a loan of 82.273 billion yen from the Japan International Cooperation Agency (JICA) to implement three projects including measures to reduce flooding and traffic congestion in Yangon city. The proposal was submitted during a Union […]