Border trade value using Individual Trading Card reaches over US$6.6 billion

The value of trade using the Individual Trading Card (ITC) as of 25th November in this fiscal year 2016-2017 reached over US$6.6 billion, about US$200million higher than that of last fiscal year, according to the Commerce Ministry. During the last fiscal year, the value of trade with ITC at the border gates was over US$6.4billion. […]

Myanmar fishery export market changes its destination

Myanmar’s fishery exporters made adjustments in their market after trade in Muse ground to a halt due to a series of attacksby ethnic armed groups in Shan State, merchants said. The prices of fisheries products are on the decline in the Muse market. Thousands of vises of live crabs, eels and prawns have spoiled by […]

Maritime Trade Value Declines While Border Trade Value Increases

The value of trade through normal trade as of 11th November in this fiscal year declined by over US$328.406 million, while value of trade through border area increased by US$ 390.421million, according to the statistics provided by the Commerce Ministry. The value of exports as of 11th November in the current fiscal year was US$4,234.941million […]

Myanmar-Thailand border trade value hit over US$710million

The border trade value between Myanmar and Thailand as of 28th October in this fiscal year reached US$715.261million, a big jump compared to the same period of last year, when trade value was only US$583. 946million.This year’s figure increased by over US$131million, according to the statistics of the border trade. Tachilek, Myawady, Kawthaung, Myeik, Htee […]

Jovago linking with hotels in border areas

Jovago is attempting to expand its network in the border areas of Myanmar because the number of tourists entering Myanmar through border checkpoints has risen dramatically after eVisa allowed foreigners to enter Myanmar through three checkpoints: Tachilek, Myawady and Kawthaung starting from 1st September. The visitors can easily book a hotel online while travelling. Jovago […]

Border trade tops US$3billion, a rise from previous fiscal year

Border trade as of 14th October in this fiscal year 2016-2017 reached over US$3billion, which is higher compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce. Border trade value from 1st April to 14th October in this fiscal year fetched US$3,790.3million, which is up from US$3,451.254million […]

Casinos thrive in Myawady

The number of casinos in Myawady, Kayin State, is growing, according to local sources. Casinos are heavily restricted by Myanmar law, and gamblers around the country are frequently arrested by police. The Maw La Min Casino is the first of its kind to advertise publicly by erecting a billboard in Ward 5. Kayin State MP […]

Value of trade through Muse border trade camp on the decline

The value of trade through the Muse border trade camp was on the decline as of the end of September, it is learnt from the statistics of Trade Department. The value of trade via Muse as of 23rd September in this fiscal year amounted to US$2,214.732million, whereas in the similar period of last fiscal year […]

Telenor on a building spree in Myanmar

The Norwegian-linked company Telenor wants to make sure that affordable mobile communication services reach all levels of Myanmar society, and not only targeting the high-income earners. CEO of the company, Lars Erik Tellmann, says that they plan on doing so by adopting the same sales and distribution model that was implemented in several other Asian countries. “Telenor is committed […]

Trade of unlicensed Thai-imports shift up a gear in Myawady

Unlicensed cars imported from Thailand into the Myanmar border town of Myawady are reportedly selling well, according to local car traders. “[Trade at] the Kanku Car Sales Depot is doing better [than normal]. The state of the cars is as to be expected: some are replete, while some are lacking parts – it’s a mixed […]