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Border trade increases by $196 million

Between 1 April and 25 May in this fiscal year, the value of border trade reached US$ 1.165 billion, recording an increase of $196 million compared to the same period in the last FY, state media reported quoting figures recently released by the Commerce Ministry. The total value of border trade, as of 25 May […]

Myanmar achieves 32.82-pct matriculation exam pass rate for 2017-2018 academic year

YANGON, June 3 (Xinhua) — Myanmar has achieved a pass rate of 32.82 percent of matriculation examination held nationwide for the 2017-2018 academic year, declining from 2016-2017 academic year when it was registered at 33.89 percent, Myanmar News Agency reported Sunday. A total of 789,845 students sat for the matriculation exam across the country in […]

External trade rises year-to-date, but border trade stalls

Trade between Myanmar and its international counterparts hit $16.9 billion between April 1 and October 13 in the current fiscal year, government data revealed. That’s an increase of $2.9 billion over the same period in the previous fiscal year. The rise in external trade came despite a substantial drop in business at many of Myanmar’s […]

Border trade down by $165 million

The value of border trade from 1st April to 25 August this fiscal year was down by US$165 million when compared to that in the same point of last fiscal year. Border trade from 1st April to 25 August this fiscal year hit $2.77 billion — $1.65 billion in exports and $1.12 billion in imports, […]

Economic opportunities in Rakhine State

Rakhine State is rich in natural resources. It has many rivers, lakes, ponds and is connected to the ocean. Good ports exist and as improvement to road links are being made, trade, local and foreign investments are increasing. The government is emphasizing on investment and trade in order to increase production in agriculture products as […]

Licenses issued for more than 280 trawlers, 161 boats in Maungtaw Tsp to overcome fishing challenges

Despite resumption of fishing which was suspended following deadly violent attacks in November and October and November last year, fishermen in Maungtaw District, Rakhine State, are facing challenges for nearshore fishing at night due to curfew order and labourers who have not yet received the National Verification cards. “More than four-month ban on fishing has […]

Export value via border trade camp reaches US$ 0.492 million within more than two weeks

The export value to Bandaladesh through the Maungtaw border trade camp, which was opened on 24th December after shutting down following violent attacks in November and October, has reached a volume worth US$ 0.492 million in the first 17 days of January. The camp saw exports resume on 1 January with a flow of fishery […]

Fish farming in Maungtaw District to be expanded

About 200,000 of fingerlings have been distributed to farmers in Buthidaung and Maungtaw township in the 2016-2017 fiscal year as it expands two aquaculture farms in two townships, according to the Maungtaw District Fisheries Department. When the first hatchery in Buthidaung was opened in 2013- 2014 and in Maungtaw in 2015- 2016, there were about […]