AGP Executive Report
Last update: 10 hours agoMyanmar Rice Market: Myanmar Rice and Paddy Traders Association warned traders against posting speculative prices online as floods and transport disruptions push wholesale paddy in Ayeyarwady from about 1.7–1.8m kyats per 100 baskets to 2.5–2.6m, with retail prices rising 10,000–20,000 kyats per sack and panic buying adding pressure. Fertiliser & Food Security: Opposition in parliament attacked the government over fertiliser distribution, saying farmers still can’t buy despite claims of adequate stocks, warning of a possible food crisis while alleging factories stay closed and purchases happen at higher prices. Garment Workforce Shift: After Teng Hui’s temporary suspension due to raw material shortages and weaker orders, lawmakers and labour officials arranged transfers for its 2,000-plus workers to other factories, including Create Beauty Myanmar, to cover staffing gaps. Labour Abuse Allegations (Japan): Seven Myanmar nationals working under Japan’s Specified Skilled Worker scheme in Hokkaido alleged repeated violence, intimidation, and threats to revoke residence status, including claims of being struck and called by numbers. Regional Trade Talks: India and Thailand discussed progress on reviewing the ASEAN-India Trade in Goods Agreement, aiming to make it more business-friendly and time-bound through the India-Thailand Joint Trade Committee. Energy & Power Policy (Thailand): Thailand’s draft energy plan targets more clean power and proposes reducing reliance on volatile LNG spot markets, including using Gulf gas and negotiating imports from Myanmar. Scam Crackdowns (Thailand): Thai police arrested 12 South Koreans and a Chinese national in a scam call-center bust near Bangkok, with allegations of VoIP-based fraud targeting victims abroad.
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