Manage legal trade for economic stability, livelihood preservation

Feb 26,2024
The global economy bears a significant burden due to the rampant expansion of illegal trade, causing a staggering 8-15 per cent loss and waste in the Gross Domestic Product. The Transnational Alliance to Combat Illicit Trade highlights the dire consequences, emphasizing that the billions of USD invested from illegal trade into other illicit activities fuel instability in the economic sector, ultimately financing terrorism and posing a grave threat to global security.
Paddy growers earn more since rice prices remain surged
Feb 26
Since monsoon paddy arrived in the market in 2023, the prices of monsoon rice and new rice remain high.
Thilawa Port’s frontage road construction 65% finished
Feb 26
According to the Yangon City Development Committee (YCDC), the construction process of the frontage road of the Thilawa Port has been finished at 65 per cent so far.
Sesame price rebounds following Chinese New Year
Feb 26
The prices of sesame bounced back in the Mandalay market on account of Chinese New Year.
Some 5,000 visitors daily flock to Yangon Zoo on public holidays
Feb 26
The number of visitors to the Yangon Zoological Gardens is increasing on a daily basis, and daily peaks up around 5,000 visitors during public holidays, according to U Than Myint Tun, the warden of Yangon Zoological Gardens.
Emphasis placed on tourism promotion in Ayeyawady Region
Feb 26
Union Minister for Hotels and Tourism Dr Thet Thet Khine and Chief Minister of Ayeyawady Region U Tin Maung Win visited Azura Hotel in Chaungtha Beach to hold a meeting with government offi­cials and businesspersons in the hotels and tourism industry on 24 February.
MoI Union Minister visits Daewoo Bus manufacturing workshop, Paper Factory (Yeni)
Feb 26
Union Minister for Industry Dr Charlie Than visited the Daewoo Bus manufactur­ing workshop in Htaukkyant, Mingaladon Township, Yangon Region, yesterday morning.