Xi Jinping visit ends with new trade deals

Xi Jinping’s long-awaited visit, the first from a Chinese head of state in 19 years, ended with dozens of new deals as Myanmar deepens its economic relationship with its most powerful neighbor. Over the two-day conference, Xi met with President

China bought 10.8 million tons of oil in 2019

Myanmar ended the year having exported a total of 10.8 million tons of crude oil to China, a rise of 6.3 percent from 2018, highlighting the deepening economic relationship between the two countries during the development of the China-Myanmar Economi

Xi Jinping will visit Myanmar amid soaring trade

At the time of publishing, Chinese president Xi Jinping’s first visit to Myanmar in 19 years will be only one day away. His visit will not only mark the 70th anniversary of diplomatic relations between the two countries, it will also mark a hig

Four ways Myanmar can boost online shopping

Even the United Nations says Myanmar is dismal for online shopping. The country ranked 126th in the The United Nations Conference on Trade and Development’s (UNCTAD) “Business-to-Consumer (B2C) E-commerce Index.” measuring an economy’s pr
Garment workers

Union org to propose minimum wage hike

A year of strikes and labor tensions may result in a rise in the national minimum wage. The Confederation of Trade Unions of Myanmar (CTUM) has said that it will propose raising the minimum wage at this year’s meeting of the National Committe

China border trade passes USD 1 billion in first month

The Ministry of Commerce says border trade between Myanmar and China passed the USD 1 billion mark in the first month of the 2019-2020 fiscal year. The booming trade comes despite a surge in violence along key trade routes and highlights Myanmar̵