Bagan
Read More

Myanmar Plans to Reopen to Asian Travellers in October

Myanmar, like many other countries, has shut down it’s the tourism industry since the emergence of the Covid-19 and is now planning to relaunch the industry for foreigners by allowing travelers from ASEAN and Asia in the fourth quarter this year, according to the Vice President U Henry Van Thio, who chairs National Committee for […]

Read More
ad5d148162603e6a113195a1c6c3a3b5
Read More

Myanmar: The exports earnings from the fisheries sectors reached over USSD $ 700 million in the 2019 – 2020 fiscal year

Export earnings from the fisheries sector during the period between 1 October and 26 June in the 2019-2020 financial year reached US$703.7 million, an increase of $105 million from the year-ago period, according to the statistics released by the Commerce Ministry.  The figures stood at just $598.7 million during a-year ago period.  During the current […]

Read More
6bf657a1405880e9f08c9308c6b2ce98
Read More

The bilateral trade between Sino – Myanmar border trade falls by USD $ 95.7 million in the first three quarter of 2019 – 2020 fiscal year

Sino-Myanmar border trade has registered a decrease of US$95.7 million between 1 October and 26 June in the current fiscal year 2019-2020, according to the Ministry of Commerce.  Data from the Ministry of Commerce shows the value of Sino-Myanmar border trade at all five borders touched over $4.4 billion in the current fiscal, which significantly […]

Read More
374d782876ae937d7c3677431608178e
Read More

Myanmar: The volume of rice and broken rice exports exceeded 2 million tonnes as of 19 June in the current fiscal year

The volume of rice and broken rice exported between 1 October and 19 June in the current fiscal year crossed 2.088 million metric tons, worth $621 million, according to an announcement from the Myanmar Rice Federation (MRF).  Myanmar’s maritime trade constituted 86.08 per cent of rice exports and generated an estimated income of US$539.57 million […]

Read More
mm01
Read More

Myanmar import protection law to take immediate effect

Myanmar has moved to protect local producers from overseas competition as growth projections for the country’s economy are slashed due to COVID-19. The President Office released notification (83/2020) on July 1, stating that the Law of Protection from Increased Import Volume enacted in 2019 will take immediate effect. The law is expected to promote protection […]

Read More