YANGON, May 9 (Xinhua) — Myanmar earned 384 million U.S. dollars from the exports of garments manufactured under the cut-make-pack (CMP) system in April this year, the state media citing the Myanmar Garment Manufacturers Association reported on Tuesday. The Southeast Asian country exported garments worth 200 million dollars through land borders, while it shipped the […]
Read MoreShenzhen, with economic, technological and capital strengths, has large potential of cooperation with the five Mekong countries and the city’s enterprises can make big contributions to their economies. Officials and business leaders made the remarks on Tuesday at the themed event of 2023 Lancang-Mekong Cooperation Week in Shenzhen. The event also featured the launch of […]
Read MoreNew Delhi: Importers of tur and urad are not bringing their purchases from Myanmar to India. Instead, they are hoarding the pulses to book profit amid rising prices in the domestic market, two senior government officials aware of the development said. Prices of mill-quality tur (arhar or pigeon peas) and urad (black gram) jumped in […]
Read MoreANN/ELEVEN NEWS – Myanmar’s economic growth remains “severely diminished” and gross domestic product (GDP) is expected to increase just three per cent in the fiscal year to September, the World Bank said, as the country remains embroiled in conflict two years after the military seized power in a coup. Widespread violence, worsening power shortages and […]
Read MoreMarch 31 (Reuters) – Myanmar’s economic growth remains “severely diminished” and GDP is expected to increase just 3% in the fiscal year to September, the World Bank said on Friday, as the country remains embroiled in conflict two years after the military seized power in a coup. Widespread violence, worsening power shortages and policy failures […]
Read MorePRIVATE consumption, which contributed 58.2% to gross domestic product (GDP) in 2022, is expected to moderate this year but will remain resilient despite cost of living pressures and external challenges. Personal spending will be aided by, among other factors, the recovery in the labour market, gradual return of Chinese tourists and government support measures. In […]
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