Business

Bangladesh plans to buy more rice from Myanmar in July

Bangladesh is planning to buy 100,000 to 200,000

Myanmar prepares bilateral agreement to export agricultural produce to China

YANGON- Myanmar is now preparing details to be included in the bilateral agreement to officially export rice, sugar, maize and other agricultural produce to China, says Permanent Secretary Toe Aung Myint from the Ministry of Commerce.
 
He also said that the plan would be implemented within one month.
 
Myanmar currently is officially exporting the rice at Myanmar-China Border Trade Center but there have been frequent arrests in China.
 

Border rice export declines as China reduces MSP

Rice export via border route had decreased over the past two months as China reduced minimum support price (MSP), said Lu Maw Myint Maung, general secretary of Myanmar Rice Federation.

MRF, IFC sign MoU to standardize rice quality, weight and measure

 

Myanmar Rice Federation (MRF) signed a MoU with International Finance Corporation (IFC) to cooperate in the standardization of types, quality standard, weight and measure for rice, at the UMFCCI on May 29.  

Singapore-based Hayman Capital to provide loans to local SMEs

Hayman Capital based in Singapore is providing micro finance services for local small and medium enterprises, and loans will not be limited to businesses currently in operation.

Most severe economic decline in 2018: UMFCCI

 

April sees CPI increase

 

Consumer Price Index (CPI) in April has reached 139.82 per cent, up 5.87 per cent compared with the same period last year, according to the report on the CPI and inflation rate issued by the Central Statistical Organization (CSO) under the Ministry of Planning and Finance.

According to the calculation using 2012 as a base year, the CPI hit 132.07 per cent in April, 2017, 139.51 per cent in late February, 139.11 per cent in late March, and 139.82 per cent in late April.

Bid to boost SMEs financing in Myanmar

 

Myanmar poised for better economy amid uncertainty: WB

 

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