Floods take a toll on domestic economy

Commodity prices have spiked with the flooding of hundreds of thousands of acres of farmland, hitting domestic consumers in the pocketbook. Experts are calling for a coordinated government and private sector response to ensure the spike does not get out of control. U Ko Ko Gyi, a member of the Pyithu Hluttaw from Mandalay Region […]

Timber tender to feed domestic sawmills

Thoundsands of tonnes of timber will become available in Yangon and Mandalay Region as the government announced a large tender to process and export the already felled logs. The tender comes as Myanmar instituted rules on April 1 banning the export of unprocessed timber in a bid to develop a local sawmill industry. International importers […]