As traditional conical hat (Khamauk) businesses are flourishing in Wuntho Township, Sagaing Region, the hat makers conducting the business on a manageable scale are earning well.
Expressions of Interest (EOIs) have been invited for the construction of nine staff quarters in eight townships of Chin State in the 2019-2020 fiscal year, according to the Chin State Urban and Housing Development Department.
The local gold price is expected to continue to drop, reaching a low of some K1.2 million per tical (0.578 ounces or, 0.016 kilograms), said U Ohn Myaing, general secretary of the Myanmar Gold Entrepreneurs Association (MGEA).
Although India’s policy change on the import of pulses has had a detrimental effect on the Myanmar beans and pulses market, more than 1.6 million tons of various pulses were shipped to foreign markets in the last fiscal year, according to the Ministry of Commerce.