Reference Foreign Exchange Rates as of 29th January 2019

  • The reference exchange rate of the kyat for account transactions against the U.S.
Trade value with ITC stands at over K17.1 bln
THE value of border trade using the Individual Trading Card (ITC) amounted to K17.1 billion as of 11 January in this fiscal year (FY), which includes exports of K 3.2 billion and imports of K 13.9 billion, according to statistics provided by the Ministry of Commerce.
China, Mandalay firms moot joint venture for eel farming
WITH plans to set up a joint venture for eel farming in the Mandalay Region, a group of 15 businessmen from China met with local entrepreneurs in the first week of this month to discuss the market conditions and stages of farming, according to the Agriculture and Market Information Agency.
Reference Foreign Exchange Rates as of 28th January 2019
  • The reference exchange rate of the kyat for account transactions against the U.S.
Exclude fisheries from new animal health bill: MFF to lawmakers
THE Myanmar Fisheries Federation (MFF) has sent a letter to lawmakers deliberating on the the Animal Health and Livestock Breeding Development Bill, asking them to exclude the fisheries sector from the purview of the new bill, as the Aquaculture Law is already in place for the sector .
Vice President U Myint Swe addresses MSMEs Product Exhibition & Competition opening ceremony
The Micro, Small and Medium Enterprises Development Work Committee (MSMEDWC) Chairman Vice President U Myint Swe addressed the opening ceremony of the Micro,
Three stars project to be implemented for creating job opportunities for farmers in Mandalay