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Myanmar: The volume of rice and broken rice exports exceeded 2 million tonnes as of 19 June in the current fiscal year

The volume of rice and broken rice exported between 1 October and 19 June in the current fiscal year crossed 2.088 million metric tons, worth $621 million, according to an announcement from the Myanmar Rice Federation (MRF). Myanmar’s maritime trade constituted 86.08 per cent of rice exports and generated an estimated income of US$539.57 million […]

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Myanmar import protection law to take immediate effect

Myanmar has moved to protect local producers from overseas competition as growth projections for the country’s economy are slashed due to COVID-19. The President Office released notification (83/2020) on July 1, stating that the Law of Protection from Increased Import Volume enacted in 2019 will take immediate effect. The law is expected to promote protection […]

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