IN A BID to boost trade with foreign countries, Myanmar will appoint new commercial attaches in more countries in the coming months, said a government official. Khin Maung Lwin, assistant secretary and spokesperson of the Ministry of Commerce, said the ministry is currently training some officials to be sent to foreign countries which have strong […]
Myanmar goods seek to penetrate int’l market through Canton Fair
February 20, 2018 by
YANGON, Feb. 13 (Xinhua) — Myanmar will seek to penetrate international market through exhibition of its goods at the upcoming 123rd Spring Canton Fair of China, the official Global New Light of Myanmar quoted the Ministry of Commerce as saying Tuesday. “Participating in the trade fair can not only prevent illegal trading but can promote […]
Dutch businesses keen for deals in Myanmar
June 14, 2017 by
A DOZEN Dutch companies took part in the Netherlands’ first trade mission to Myanmar last week, reflecting keen interest to expand business ties. Dutch ambassador Wouter Jurgens said the mission, from June 7-9, was part of efforts to build on these relations. Jurgens said the Dutch companies discussed opportunities with Myanmar business people in a […]
Myanmar’s Post-Election Future With India
December 1, 2015 by
The November 8 election in Myanmar produced a stunning victory for the opposition National League for Democracy (NLD) and its leader Aung San Suu Kyi, who trounced the military-backed Union Solidarity and Development Party. However, a clause in the constitution will prevent Suu Kyi from becoming president, and the military is not likely to relinquish […]
Trade volumes climb on import growth
August 14, 2015 by
Myanmar’s bilateral trade this financial year until end-July is worth over US$500 million more than over the same period last year, according to figures compiled by the Ministry of Commerce. Trade so far this financial year is worth a total of $8.951 billion, up from $8.437 billion in the first four months of the last […]
Indian Industrial expo to be launched in Myanmar’s second largest city
February 20, 2015 by
Indian Industrial expo to be launched in Myanmar’s second largest city YANGON, Feb. 19 (Xinhua) — The first-ever Indian Industrial expo will be launched at the city hall of Mandalay, the second largest city of Myanmar, this month in order to promote bilateral trade and investment between the two countries, exhibition sources said Thursday. Jointly […]
Bilateral trade with Bangladesh needs a boost
December 30, 2013 by
Bilateral trade between Myanmar and Bangladesh in this fiscal year is the lowest compared to other neighbouring countries, according to the sources from Ministry of Commerce. Myanmar earned more than US$3.4 billion from the border trade with China, India, Thailand and Bangladesh from April 1 to December 13. China is the biggest trade partner with […]
Trade volumes likely to fall short of $25b goal
December 23, 2013 by
But bilateral trade is growing across the board as new trade partners around the globe are taking more interest in doing business with Myanmar Myanmar has only managed to meet 63 percent of its annual bilateral trade target of US$25 billion through the first months of the 2013-14 fiscal year, drawing doubts for the first […]
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