As Flood Recedes, Vegetables Rise in Price

Transportation disruptions and difficulties caused by floods in Myanmar have reduced the flow of vegetables resulting in hike in prices, according to traders. Since the end of July, the floods in the upper regions of the country have ravaged much of the country’s infrastructure, and vegetable prices have risen. “The main factor is transportation. Flow […]

Flooding Inflates Construction Materials Prices

There has been a hike in prices of building materials as flood has disrupted supply and production, according to building materials traders. “As sand and gravel are acquired from rivers, there have been difficulties in production because of flood and that caused a rise in prices,” said Ko Than Aung, owner of Than Tun Aung […]

MRF to Control Rice Prices

The Myanmar Rice Federation (MRF) will work towards controlling the price of rice at open wholesale rice centres in Yangon and other regions, according to U Aung Than Oo, chairman of the MRF. “The federation will monitor who increases the wholesale price of rice. If they find price gouging by rice distribution centres, we will […]

Telenor Tries to Keep Network Operational as Flood Worsens

Telenor Myanmar said it is working closely with tower companies and local relief authorities to ensure their cellular network remains operational in the face of worsening flood conditions in parts of the country. The Norwegian operator announced last week that 41 of the 2,585 sites on Telenor’s network have either been shut down due to […]

UN to Help Myanmar Prepare for A Warming Climate

UN agencies have signed an agreement with Myanmar’s government to help the Southeast Asian nation prepare for climate change impacts, including droughts, cyclones and flash floods. The United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat) will support Myanmar to integrate climate change considerations into policies, and to develop a national […]

Myanmar’s rice revival uncertain

Scant stocks, weak demand dent Myanmar’s hopes of rice revival. Shrinking global demand, poor infrastructure and hesitant investors could leave Myanmar far short of its rice export target this year, dealing a blow to its ambitions of competing with the world’s top shippers of the grain. Industry experts and government officials say the 3 million-tonne […]