China’s coronavirus epidemic is hitting Myanmar’s important manufacturing and tourism industries as well as disrupting border trade, but in the longer term the crisis could encourage more supply chain factories to relocate from its giant neighbour. “We have lost all our customers,” said Ma Khin Khin Win, director of tourist agency Myanmar YoYo Travels and […]
New bridge boosts Thai-Myanmar ties
October 8, 2019 by
TAK: Bilateral border trade between Thailand and Myanmar is expected to flourish after the second Thai-Myanmar Friendship Bridge becomes fully operational, starting from Oct 30. Niyom Wairatpanich, vice-chairman of the Thai Chamber of Commerce, said the bridge is vital to boost border trade between the two countries, increasing trade flow and logistics services through Mae […]
Vast improvements sought for trade and exchange at Moreh-Tamu border
April 1, 2019 by
Myanmar and India recently continued their bid for growing bilateral cooperation at a seminar convened to discuss opportunities of enhancing connectivity between Manipur in India and Sagaing Region in Myanmar and specifically advances to be made regarding trade at the Moreh (India)-Tamu (Myanmar) border. The Myanmar-India Seminar-cum-Workshop on Issues of Formal and Informal Trade at […]
Long term economic improvement certain, strategy needed: U Win Aung
February 14, 2019 by
THE government has come under pressure for its handling of the Myanmar economy, with stakeholders lamenting the slowing pace of economic reform and investment flows. During the first half of 2018, approved foreign direct investments (FDI) totalled just $1.7 billion, compared to $4.1 billion during the same period in the previous fiscal year. Meanwhile, GDP […]
Sino-Myanmar border trade falls by $562 mln in Q1
January 16, 2019 by
The value of Sino-Myanmar border trade between 1 October and 4 January totalled US$1.24 billion, a decrease of $562.8 million compared with the corresponding period of the previous financial year, according to data from the Ministry of Commerce. Border trade stood at $1.8 billion in the same period of the 2017-2018 fiscal. The drop in […]
Rice export declines within eight months
January 8, 2019 by
Myanmar only exported over 1.5 million tons of rice and broken rice within eight months from April 1 till December 14, according to Myanmar Rice Federation (MRF). Myanmar earned about US$288 million from more than 800,000 tons of rice and broken rice export through border trade routes and over US$240 million from over 700,000 tons […]
Border trade between Myanmar and India reaches USD 87 million
October 4, 2018 by
Border trade between Myanmar and India has reached 87 million U.S. dollars as of Sept. 21 during the six-month transitional period which started in April this year, according to Myanmar’s Commerce Ministry on Sunday, Xinhua reported. Myanmar has changed its fiscal year period from original April-March to Oct-Sept beginning 2018-2019, producing a six-month transitional gap. […]
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