AGP Executive Report
Last update: 4 hours agoRice Exports: Myanmar’s Pawsan rice won the World Best Rice Award 2026 in Manila, its second international title. The Myanmar Rice Federation says exporters are pursuing sales in the Philippines, Malaysia and Africa, with a target of more than three million tonnes of exports. Energy Costs: Myanmar recorded the world’s steepest petrol price rise—50.7%—from February to August, according to UNCTAD, adding pressure as the country also faces rotational power cuts and a forecast hot, dry El Niño season. Garment Industry: Around 500 factories are struggling to recruit, with the sector operating below 800,000 workers. Migration, low wages, power shortages and logistics problems are among the challenges. Regional Power Link: India and Singapore are exploring a 2,000 MW electricity connection that could run through Myanmar, Thailand and Malaysia. The proposed 3,000-km corridor remains at an early stage.
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