The Myanmar Investment Commission (MIC) approved41 foreign investment projects worth over US$ 1.3 billion from 1 October to 30Novemberthis year, an increase of more than US$ 900 million when compared to the same period last year, according to the figures from the Direct
The Myanmar Fruit, Flower and Vegetable Producers and Exporters Association (MFVP) expects a negotiation of government with China about a legal export channel for pineapples and avocados.
The US dollar has been sliding against the Kyat in the local currency market, with the exchange rate touching a low of K1,500 per dollar on 5 December, a decline of about K30 compared with October-end, said money exchangers.