Nearly 15,000 cattle stranded in Muse cause high feedstuff cost

About 70 companies of cattle stranded in Muse are arranging to bring the cattle back to their home owing to the burden of labour wages and high feedstuff cost, said U Soe Naing, chair of Mandalay Region Cattle Exporters Association. “It costs K400,000-600,000 to take care of 100 heads of cattle every day. It includes […]

Liquor sector among the latest COVID-19 casualty in local economy

Almost all liquor-related businesses in Yangon Region have closed and about 40 percent of liquor stores are likely to be permanently suspended, said U Myo Min Aung, chair of the Myanmar Beverages Merchants Association. “Most pubs and liquor stores had reopened after the first wave of COVID-19. Sales had yet to return to normal then, […]