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New Myanmar-China economic zone in the works

Negotiations are underway between Myanmar and China for the construction of a Chinese economic zone to promote Myanmar manufacturing and tourism, U Yan Naing Tun, director general of the Department of Trade under the Ministry of Commerce told The Myanmar Times last week. This comes after the two countries last year signed an MOU to […]

Traders wish for negotiations with Chinese for blocked bank accounts

Traders want the State to enter into negotiations with the Chinese government over 1,000 bank accounts of Myanmar merchants which are frozen by Chinese banks, merchants said. The Chinese government blocked the bank accounts which are used in transactions in the course of taking actions against illegal importers from Myanmar and Viet Nam. The bank […]