Read the latest business and banking updates straight from Burma.
Despite the slowdown in production due to the recent floods, more than 500,000 tonnes of rice remain.
The temporary ban on Burma’s rice exports, which was imposed due to shortages and inflation during last month’s flood disaster, may soon be lifted.
Burma, which has imposed a temporary ban on rice exports after heavy rains and floods hit the northern and western regions of the country, may not resume rice exports until…
Farmers in flood-hit Burma face a scramble to replant damaged paddy fields in the next two weeks to avoid food shortages.
This week’s business news: rice exports suspended; foreign firms bid for gas venture; first Malaysian bank opens; Japan pledges to Rangoon rail project.