MRF to sell off 170,000 rice sacks under subsidy scheme

Myanmar Rice Federation (MRF) notified on 7 August that it will sell off 170,000 rice sacks in August, comprising 50,000 rice sacks of Aemahta variety, 20,000 sacks of Pawsan rice and 100,000 sacks of short matured rice Aemahta variety (90 days). The federation will increase the sales quota when necessary.
The MRF has opened a rice shop at the Monsoon Market Fair at People’s Square in Yangon, winning public interest more than expected, MRF stated.
Furthermor, MRF launched a subsidy scheme for Pawsan and Aemahta rice varieties on 7 August at Wahdan and Bayintnaung Commodity Wholesale Centres.
Acting on public suggestions, MRF is preparing to designate shops in some townships such as Hlinethaya, Shwepyitha, Insein, South Dagon, North Dagon, South Okkalapa, North Okkalapa, Dala, Twantay, Hmawby and Mingaladon and operate mobile market trucks. MRF will keep the consumers apprised of that scheme.
MRF will systematically distribute 50 sacks of Aemahta rice per retail shop in Yangon Region every two weeks. The retail shops can register with the MRF for that and door-to-door service will be included after making payment with KPay.
MRF has notified that it will make concerted efforts to stabilize the rice price and offer the rice at fairer prices to consumers in August and September, along with affiliated associations, rice exporting companies, rice millers and traders. — NN/EM