Domestic gold price rises to K1,336,000 per tical on global cues
Following a robust global market trend, the domestic gold price has risen to K1,336,000 per tical (0.578 ounces, or 0.016 kilograms) in early 2021 according to the gold traders.
Domestic palm oil prices up as global production down
According to the Myanmar Edible Oil Dealers Association, the domestic palm oil is on the rise as it tracks the imported oil price.
Myanma watermelon to extend foreign market to the UAE, Qatar and Singapore
A largest part of people is residing in the rural areas in Myanmar relying entirely on agriculture as their major profession.
Cattle exporters hopes for positive negotiation outcomes in Jan-end
China and Myanmar will negotiate on legitimate export of cattle in January-end, prompting the exporters to keep waiting for positive outcomes to send about 15,000 heads of cattle stranded in Muse to China, according to the Mandalay Region Cattle Exporters Association.
Food Safety Project to provide indigenous poultry farming in 3 MDY townships
Food Safety Project (Mandalay) will contribute funds to develop poultry farm system for indigenous chicken in three townships of Mandalay Region to improve breeders’ interests.
Inflation rate extends 4.6% drop in November amid COVID impacts
According to the inflation report released by the Central Statistical Organization under the Ministry of Planning, Finance and Industry, the annual rate of inflation in Myanmar, based on the Consumer Price Index, continued dropping to 4.6 per cent in November 2020 as consumer price fell amid the COVID-19 impacts.