Individual permits boost trade MMK 8 billion
A new round of Individual Trading Cards (ITC) has helped boost overall trade by MMK 8.09 billion in the first quarter of the fiscal year, according to the Ministry of Commerce. That number comprises MMK 6.46 billion in imports and MMK 1.6 billion in
Crop exports rise amid overall trade slump
Although overall exports are down, agricultural exports have surged more than USD 150 million compared to the same time in the previous fiscal year. According to the Ministry of Commerce, such exports had exceeded USD 930 million by December 18. Thos
COVID hit YSX trades in 2020
Trades on the Yangon Stock Exchange (YSX) plunged in 2020, according to its annual report. Only MMK 12.6 billion worth of shares were traded, a drop of nearly MMK 800 million from the previous year. The downturn came despite a sixth company, Everflow
Can plane tours help the industry take off?
This week, Myanmar National Airlines conducted the first contactless, no-land flight tours — a government-backed attempt to revitalize domestic tourism. The two flights made low passes over Mount Zwegabin (near Hpa-Ann) and Kyaiktiyo (home of Golde
Exports down USD 1.2 billion
Exports have sunk by USD 1.2 billion as of December 11, compared to the same point in the previous year, the Ministry of Commerce reported. Both sea trade and border trade are down as the global pandemic throttled border crossings, hamstrung local su
