Reference Foreign Exchange Rates as of 24th January 2019

  • The reference exchange rate of the kyat for account transactions against the U.S.
Myanmar oil millers body targets FDA certification for 150 mills by 2020
THE Myanmar Edible Oil Millers Association (MEOMA) will help millers in the entire supply chain get approved by the Food and Drug Administration (FDA), according to the Myanmar Trade Promotion Organization (MYANTRADE).
Mandalay Gems and Jewellery Fair fetches K670 mln, US $5,000
Mandalay Yadana Mall International Gems and Jewellery Fair-2019 fetched K670 million and US$ 5,000 in its five-day sales, according to Mandalay Yadanar Mall Gems Entrepreneurs Development Committee Secretary U Thein Win.
Trade with Bangladesh declines 66% in first two months of 2018-19 FY
Myanmar-Bangladesh trade totalled US$14.352 million in the first two months of fiscal year 2018-2019, registering a decline of $28.5 million, or 66.5 per cent,
Myanmar plans smart city in Thilawa SEZ
THE Thilawa Special Economic Zone Management Committee said it plans to invite foreign developers to set up a smart city in the Thilawa SEZ.
See limited impact of EU tariffs on Indica rice export: traders
The European Commission’s reinstatement of import tariffs on Indica rice will have limited impact on Myanmar rice exports as only a small volume of the rice variety is shipped to the EU,
Rakhine State Investment Exhibition to be organized in Ngapali Beach Resort
With the aims of upgrading investment opportunities and connecting local entrepreneurs with foreign investors,