The Myanmar Tourism Federation that out of the foreign tourists coming to Myanmar in the first two months of 2023, Thais make up the largest number. The Myanmar junta has been trying to put a positive face on their tourism industry that has been dramatically impacted by the 2021 coup and the ongoing crisis and […]
Read MoreThe value of mineral exports from Myanmar from 1 April 2022 until 31 January 2023, the first ten months of the financial year, was $234.477 million USD, according to the junta’s Ministry of Economy and Commerce. Of those exports, $23.43 million USD worth were sold by the government and 212.04 million were sold by the […]
Read MoreThe Siam Commercial Bank’s Economic Intelligence Center has predicted that these countries will see a momentum in economic growth this year, but it will be less than its growth potential before the COVID-19 pandemic. According to the Thai bank, the rebound will vary across these nations, based on economic fundamentals and risks specific to each country. The […]
Read MoreThe Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks. The rebound will be uneven across countries, depending on economic fundamentals and country-specific risks, the centre said […]
Read MoreForeign investment in Thilawa Special Economic Zone (SEZ) has fallen drastically, negatively impacting land or ground rent income by over 6 billion kyat, said the Thilawa SEZ Management Committee said. About 113 factories from 20 countries invested in Thilawa SEZ and 93 factories and manufacturing units were still running until June 2022 but the number […]
Read MoreDomestic fuel prices in Myanmar were stable last week at around 2,100 kyat per liter and now it is learned that they fell slightly to below 2,000 kyat on 5 January. The fuel price fell by about 100 kyat per litre as per the reference price set by the Fuel Import, Storage and Distribution Supervisory […]
Read More
Thailand
