Almost two years after Uruguay legalized marijuana, regulated production has yet to get off the ground.
Business


Myanmar Carlsberg signed a distribution agreement with Mandalay Kudos and Lucky Two Elephant on August 14th, assigning the companies as its distributor partners in the major cities of Mandalay and Monywa.

Myanmar Investment Commission says foreign investments in the country will not be affected by the recent changes in the political sphere, adding that foreign investments this fiscal year have soared about three times higher.

Greece confirmed on Tuesday that it will award concessions to run 14 regional airports to Germany's Fraport after a government official said the previously-frozen 1.2-billion-euro deal would be finalized in the coming weeks.

Myanmar’s trade volume for the first four months in this fiscal year skyrocketed to 8.95 billion US dollars, 513 millions more than the data from same period last year, according to the Ministry of Commerce.

Good Agriculture Practice (GAP) certification is essential for all local farms to develop export sector in future, said Myanmar Fruit, Flower and Vegetable Producer and Exporter Association.

The edible oil prices have become higher in Yangon because of the shortage of raw materials as the recent floods, said by wholesalers and retailers.

Paddy price skyrocketed by about a hundred dollars per one hundred baskets in recent days as demand goes up for cultivation of destroyed farmlands.

Gold price has increased along with the foreign currency exchange rate since the early July and the market demand is stable now according to the gold shop owners.

The price of fish feedstuff is up in the local market by about 20%, as fields where raw materials are grown were inundated.