Rice exports plummet on strong currency
RICE exports dropped dramatically year-on-year in the first three months of the financial year despite rising international prices. Industry sources blamed a strong kyat for the fall. (Volume 27, No. 531 - July 12 - 18, 2010)
B&P exports flat in June
SLACK demand from India for beans and pulses, the major destination for Myanmar’s exports, has led to a decline in local prices, traders say. Prices on the local market have fallen about 10 percent over the past month, said Myanmar Pulses, Beans and Sesame Seed Merchants Association (MPBSMA) general secretary, U Min Ko Oo. (Volume 27, No. 531 - July 12 - 18, 2010)
Vendor grapples with slippery subject
OUTSIDE BAK Centre on the corner of Bo Aung Kyaw and Anawrahta roads, a bright green snake rises up and flicks its tongue out at U Htun Aung Kyaw. (Volume 27, No. 531 - July 12 - 18, 2010)
Gold hits record highs throughout June
DOMESTIC gold prices hit record highs at least five times last, said U Zaw Aung, owner of Teit Sein goldsmiths. (Volume 27, No. 531 - July 12 - 18, 2010)
Construction material prices down in July
MOST building materials are undergoing a seasonal reduction in price, even as labour costs are rising, industry professionals say. (Volume 27, No. 531 - July 12 - 18, 2010)
Rental prices along main road on the rise, say agents
RENTAL prices for apartments and commercial properties along Yangon’s main roads have been climbing since the start of May, real estate agents said last week. (Volume 27, No. 531 - July 12 - 18, 2010)
July sales boom as tax deadline nears again
REAL estate agents are expecting a doubling of demand this quarter compared to last year, as overseas investors go hunting for bargains, and a possible change in the tax law looms. (Volume 27, No. 531 - July 12 - 18, 2010)