Myanmar: New customs system scheduled for November Monday, 08 August 2016 – The government aims to have an automated cargo clearance system adopted by all customs departments in Yangon by November, before possibly extending the program to the country’s land border points, an official has told The Myanmar Times. The Myanmar Automated Cargo Clearance System […]
Read MoreMyanmar: Bean prices up on Indian demand Monday, 08 August 2016 – Indian demand for Myanmar mung beans has caused prices to jump by more than 10 percent over the past three days, while prices for other beans have also risen, exporters said. The price of matpe has risen from K1.57 million per tonne to […]
Read MoreMyanmar: Crude oil, diamond and gold exports to be legalised next year: official Thursday, 04 August 2016 – The government will lift restrictions on exporting crude oil, diamonds and gold early next year, an official told The Myanmar Times yesterday, cutting the state list of restricted goods down to just four. Earlier this year, the […]
Read MoreMyanmar: New laws to be drafted for agricultural loans Tuesday, 02 August 2016 – Restrictive laws governing agricultural loans will be reformed to help struggling farmers break free of debt, a parliamentary group has announced. The Pyithu Hluttaw Committee for Banks and Monetary Affairs Development will change laws on state-owned enterprises in three priority areas, […]
Read MoreMyanmar: Inland Water Transport to introduce container barges and cut trade costs Tuesday, 02 August 2016 – In a step designed both to reduce transportation costs and relieve congestion on the roads, Inland Water Transport (IWT) is about to introduce the first container barge to ferry goods from ports to industrial zones, with three vessels […]
Read MoreMyanmar: Exports for first quarter up $260m year-on-year Monday, 01 August 2016 – International trade in the first quarter of the financial year was up over US$350 million compared to the same period in 2015, with export growth driving most of the increase, according to Ministry of Commerce statistics. Exports over the first quarter – […]
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