The annual rate of inflation in Myanmar, based on the Consumer Price Index, fell to 6.43 per cent in August 2020, according to a report released by the Central Statistical Organization, under the Ministry of Planning, Finance and Industry. The US dollar against Kyat is relatively weak in August, with a fall of about five […]
Read MoreRecovery in CLMV countries will be slow and choppy, with binary risks, conditional on containing a “second wave” said Maybank Kim Eng in a report on Monday. Analysts Linda Liu and Chua Hak Bin maintained VIetnam’s GDP growth at +2.9 per cent for 2020 but lowered their forecasts for Cambodia, Myanmar, and Laos. Cambodia specifically […]
Read MoreOfficials from Hlinetharyar and Shwe Linban industrial zones administrative committee said that over 250 ‘Cutting, Manufacturing, Packaging’ (CMP) factories had been reopened in their zones. The government allowed reopening of CMP factories which had passed Grade A and B criteria and regulations imposed by the Ministry of Health for containment and control of COVID-19 and […]
Read MoreThe total trade between Myanmar and foreign countries reached over 36.6 billion U.S. dollars in previous fiscal year (FY) 2019-2020 which ended on Sept. 30, according to figures released by the Commerce Ministry Xinhua reported. From Oct. 1, 2019 to Sept. 30 this year, Myanmar earned over 17.6 billion U.S. dollars from export while its […]
Read MoreIn the financial year 2019-2020 which ends on September 30, US$5.689 billion of foreign direct investment has been pumped into Myanmar which is considered by many countries as the last frontier economy in Southeast Asia region, an increase of more than US$1 billion when compared to the same period last year, according to the latest […]
Read MoreUnder current circumstances, cargo trucks trading between Myanmar and Thailand have been allowed to exchange their goods only in the BCF Zone Cargo Terminal compound of No.2 Friendship Bridge aso of October 11, said the commissioner of Myawady District. “Currently, bilateral trade is allowed only at the BCF Zone. We have some difficulties. The cargo […]
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