Prices of Used Cars Soar 70% in a Month, Putting Breaks on Demand

The price of used cars has increased by an average of 70 percent from April to May as the market responds to recent changes to the country’s auto policy, ac­cording to industry ex­perts. The price hike has seen slowing demand for once popular used cars this month as buyers are being priced out of the […]

Canada-Based AGT Foods Begins Myanmar ‘Test Run’ Importing and Exporting Pulses and Rice

​​ One of the world’s largest beans and pulses traders has begun a “test run” in Myanmar after opening a representative office in Yangon in October. Canada-based AGT Foods and Ingredients has set up a small team to source beans and rice for export, and to find buy­ers inside Myanmar for imports, the company’s chairman […]