Agricultural machinery exempt from applying for import licence

Starting from 1 September 2022, the items related to agricultural machinery included in the HS code lines declared by the Ministry of Commerce are exempted from obtaining an import licence, ..............
Rice prices stable despite rise in other commodity prices
The foreign exchange rate against the US dollar and the pure gold price has inched higher than the reference prices since early August 2022.
Corn price breaks above K1,000 per viss
Corn price has risen to over K1,000 per viss (a viss equals 1.6 kilogrammes), according to the Yangon Region Chambers of Commerce and Industry (Bayintnaung Commodity Wholesale Centre).
Pure gold price hit all-time high of K3.5 mln per tical in domestic markets
The pure gold price reached a fresh new peak of K3.5 million per tical (0.578 ounce or 0.016 kilogramme) in the markets, said gold traders.
Palm oil reference price increases upon Kyat depreciation
The wholesale reference price of palm oil for a week (29 August to 4 September) is set at K4,910 per viss (a viss equals 1.6 kilogrammes) calculated on the exchange rate of K2,550 against a US dollar, as per the official statement.
Trading activities temporarily closed at Wang Ding route
Traders said that the trading activities have been closed since 26 August due to the detection of the
Fuel prices remain upward spiral, up by K750-1,100 per litre within month
The fuel prices are spiking and indicating a sharp increase of K750-1,100 per litre within one month, according to the