Border trade tops US$3billion, a rise from previous fiscal year

Border trade as of 14th October in this fiscal year 2016-2017 reached over US$3billion, which is higher compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce. Border trade value from 1st April to 14th October in this fiscal year fetched US$3,790.3million, which is up from US$3,451.254million […]

Value of trade through Muse border trade camp on the decline

The value of trade through the Muse border trade camp was on the decline as of the end of September, it is learnt from the statistics of Trade Department. The value of trade via Muse as of 23rd September in this fiscal year amounted to US$2,214.732million, whereas in the similar period of last fiscal year […]

Muse trade booms

Exports from April 2014 to March 31 this year through the Muse border exceeded US$3.6 billion, up more than US$1 billion from the previous year, according to Consumer Affairs Department under the Commerce Ministry. Last year’s exports were US$2.2 billion, mainly from agricultural produce. A total of 99 warehouses, 59 for exports and 40 for […]

Border Trade With China Dented by Kokang Clashes

RANGOON — Cargo through the Burmese border town of Muse has declined in recent weeks, with traders saying both recent fighting in northeast Burma and the coming Chinese New Year are to blame. Clashes in Laukkai Township first erupted between an ethnic Kokang armed rebel group and government troops on Feb. 9, and by Friday […]