Myanmar discusses lifting duty on rice exports to China

Myanmar is negotiating with Chinese officials to lift duty taxes on agricultural exports, including rice, bean, corn, and sesame, according to the Ministry of Commerce. Myanmar traders have had to resort to exporting rice in unnamed sacks to avoid the Chinese authorities’ quality controls. Some traders were arrested in April because China has not yet […]

Bean traders involved in credit scandal

Businesses trading in beans and pulses have been asked by the Ministry of Commerce to submit their credit and debit lists by May 6 following a scandal involving billions of Kyats, according to an arbitration committee. The scandal has involved merchants from Bayinaung bean market in Yangon Region who sold large amounts of beans and […]