Export price of rice to China on the decline unlike stable domestic rice price

The price of rice exported to China through the Muse trade channel has been on the decline, unlike the domestic rice price, which remains stable  said U Kyaw Min, the secretary of Mandalay Rice Depot. Rice is exported to China mostly through the Muse and Lweje border trade camps, but the rice trade is declining […]

Yangon officials wind up industrial land review

The Yangon Region government has finished a review of land price speculation in the city’s 29 industrial zones, which ultimately aims to free up thousands of vacant plots to be developed into factories. Empty plots will be reclaimed by the government, before being re-allocated to companies that really want to build industries, said regional minister […]

Mitsubishi to start upgrading Mandalay airport

Japan’s Mitsubishi-Jalux Inc. has started work upgrading the Mandalay International Airport to become air freight logistics hub, according to officials. A team of technicians started the inspection on August 23 and 24. Another technician team came yesterday and will continue to work until September 2. “The company started the inspection and I learned that the […]