Farmers call for urgent intervention as rice price plummets

The price of rice has fallen dramatically over recent weeks leading farmers to call for an urgent intervention by authorities. Farmers are struggling, U Thein Aung, chair of the Free Farmers Association, told The Myanmar Times. Prices began to fall when Indonesian buyers discovered pests in a shipment of rice from Myanmar, and refused to pay […]

Myanmar Japan joint-venture company to manufacture rice and rice products

Japan based Mitsui & Co. Ltd. and Myanmar Agribusiness Public Corporation Ltd. (MAPCO) had permission in September last week to form Myanmar Rice Industry Co. Ltd. to produce rice and rice products. Directorate of Investment and Companies Administration (DICA) allowed the registration of Myanmar Rice Industry Co. Ltd. in September 27 and the launching of […]