Natural gas export earned US$1.2billion

The export of natural gas as of 9th September in this fiscal year 2016-2017 fetched only US$1.2billion, a slump of US$770million when compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce. The export value of natural gas in this fiscal year amounted to US$1,230.765million, whereas that […]

Myanmar to launch single-stop inspections at borders with neighbouring countries

Single-stop inspections will be deployed at border gates between Myanmar and neighbouring countries to prevent illegal trade, said Union Minister for Commerce Dr Than Myint yesterday. The Union minister told Amyotha Hluttaw that discussions are ongoing with China and Thailand to launch the single-stop inspection system at border crossings. The system is aimed at avoiding […]

Controversial palm oil project sparks arguments

Letters were exchanged between the Taninthayi regional government and the Karen National Union (KNU) over a palm oil production project run by Myanmar Stark Prestige Plantation Co Ltd, in cooperation with a Malaysian company. The debate started when company officials sent a complaint letter to the regional government claiming that the KNU demanded they shut […]

Illegal car trading occurs along Myanmar border

Cars are being illegally imported to Myanmar through forty routes along Myanmar border, according to the Deputy Minister Dr. Pwint San of the Ministry of Commerce on July 23 at Naypyitaw. From 2011-2012 financial year to 2013 June in new Government administration, more than 2007 cars without license have been seized in three states, and […]