KUCHING: The third Malaysia-Indonesia Joint Trade and Investment Committee (JTIC) Ministerial Meeting in Kuching on Thursday discussed several key outstanding issues affecting bilateral trade between Malaysia and Indonesia, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed. He said the meeting, among others, reviewed the 1970 Border Trade Agreement: trade restriction on Tebedu-Entikong border; […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to further improve in the second quarter (Q2) of this year with exports likely to increase amid continuous strong domestic demand and private expenditure as seen in the first quarter. Minister in the Prime Minister Department, Datuk Seri Wee Ka Siong, said Q1’s gross domestic product (GDP) growth of […]
Read MoreDebts accumulated under Myanmar’s previous Union Solidarity and Development Party are now due, 2 years after the current National League for Democracy government came into power. Despite debt relief provided by Paris Club countries during former President Thein Sein’s USDP administration, Myanmar still owed US$8.98 billion in outstanding foreign debt as at 31 December 2016, […]
Read MoreDespite the decline in import flow from Thailand at the Myawaddy border trade camp, the return of Myanmar workers from Thailand last month has no significant impact on bilateral trade, assistant secretary of the Ministry of Commerce (MOC) U Khin Maung Lwin told The Myanmar Times. Myanmar migrant workers without documents have been returning to their […]
Read MoreAn inadequate legal framework, poor implementation process, absence of accountabilities and the lack of transparency lead to violations of human rights and environmental disruption in Myanmar’s Special Economic Zones, speakers at the Myanmar Special Economic Zones Forum highlighted. The event was held in Dawei township, Tanintharyi Region on July 11. Special Economic Zones (SEZ) have […]
Read MoreMyanmar must renegotiate the terms to its existing loans from China, as these loans have saddled the country with the burden of repaying the loans at high interest rates, economists say. Of the US$600 million in foreign debt repayments due from Myanmar this year, interest payments, mostly to China, make up about a third, data […]
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