Local supermarkets have been packed with shoppers since the evening of March 12 and some goods have been out of stock. The panic buying was sparked by rumours that the government planned to close schools and cinemas for up to a month, and that a patient had tested positive for COVID-19 at the Yangon General […]
Read MoreThe rice industry body in Myanmar has reassured the public that there will be sufficient rice for domestic consumption and prices will be controlled amid the global COVID-19 pandemic. The Myanmar Rice Federation (MRF) released a statement on Friday that it would try to have a sufficient and stable supply of rice for the local […]
Read MoreThe flow of foreign direct investment (FDI) into Myanmar could be hampered by the global COVID-19 pandemic, hitting manufacturing businesses which rely on labours and imports of raw materials, according to a senior official. The COVID-19 outbreak could curb FDI inflow in Myanmar to a certain extent, warned U Thant Sin Lwin, secretary of the […]
Read MoreDespite the gradual resumption of border trade between Myanmar and China via Muse in Shan State, the weakening of China’s currency has hit earnings of the traders, say officials in Muse. According to U Min Thein, vice chair of the Muse Rice Wholesalers Association, as of March 10, the volume of cross-border trade has now […]
Read MoreThe gold market price in Myanmar has dropped with the US dollar exchange rate falling as trade slows down due to the COVID-19. The global economy has been slowing down due to the novel coronavirus outbreak with stock markets across the world also falling. Stock trading in Myanmar has decreased as people are now buying […]
Read MoreAlthough exports of marine products to China have declined slightly so far this year due to the COVID-19 outbreak sweeping the world, some 4,000 tonnes of goods were still sent overseas over the last week, a senior fisheries official says. “As the number of coronavirus cases started rising in China in January, exports of Myanmar’s […]
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Thailand
