Watermelon prices drop as Chinese demand falls

The price of watermelons, a main agricultural export, has dropped due to low demand from China. It is not the first agricultural export to suffer due to the fickle Chinese market, and may encourage farmers to improve growing standards to access buyer

Magway cattle prices drop

Falling demand from Chinese buyers has sent Magway region cattle prices into a slump. Cattle farmers at Magway’s Myothit cattle market have reported a price drop of as much as MMK 300,000 per animal, with fewer buyers than ever, reported Mizzim

Agreement backs both baht and kyat for border trade

Thailand and Myanmar signed a memorandum of understanding (MOU) supporting the use of both nations’ currencies for border trade. The October 21 announcement came just nine days before the opening of the second Thai-Myanmar Friendship Bridge, wh

Second Thai-Myanmar Friendship Bridge opens October 30

A second bridge across the Moei River will soon link Thailand and Myanmar. The Second Friendship Bridge, which will link Myawaddy with the border town of Mae Sot, Thailand, aims to boost cross-border freight and personnel traffic. The ribbon-cutting
No Cease-fire Deal With Northern Alliance, But Parties Agree to Another Meeting in Myanmar

Northern Alliance will not agree to ceasefire

The Myanmar army (Tatmadaw) claims the Northern Alliance (NA) is not interested in signing the Nationwide Ceasefire Agreement (NCA) and is not likely to agree to the conditions like the other groups. The recent surge in violence between the military
Myanmar Rice Federation to export rice to China

Myanmar Rice Federation expands China export deal

The Myanmar Rice Federation (MRF), the umbrella association for Myanmar’s rice industry, will export 250,000 tonnes of rice to China. A new MOU was signed with the China National Cereals, Oils and Foodstuffs Corporation, The Myanmar Times re