Category: Highlights

Bilateral trade with Bangladesh rises by USD 727 million in current FY

In the context of the COVID-19 pandemic, Myanmar is still registering surprising trade numbers. One of them is the surge in trade with its western neighbor Bangladesh. A statistical report by the Ministry of Commerce says the border trade between the

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Yangon Stock Exchange hits a low in August

The value of shares traded on the Yangon Stock Exchange (YSX) in August sank to the lowest level of MMK 747 million this year, according to YSX’s monthly report and the Global New Light of Myanmar. The trading volume also plunged to an eight-month

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Amnesty International takes aim at military conglomerate UMEHL in new report

Human rights organisation Amnesty International released a report this week highlighting the deep links between the Union of Myanmar Economic Holdings Limited (UMEHL) and the Myanmar military or Tatmadaw. Reported by many international news offices,

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Singapore top source of FDI, Myanmar likely to reach its yearly target

Singapore is likely to remain the top source of foreign direct investments (FDI) into Myanmar in the current financial year 2019-2020, according to the data released by the Directorate of Investment and Company Administration (DICA) and reported by t

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Nearly USD 1 billion to upgrade YGN-MDY highway

The Ministry of Construction said it will spend around USD 960 million on upgrading the 524-kilometre Yangon-Mandalay highway, as reported by Frontier. The first phase of the upgrade, the 64 kilometre section between Yangon and Bago, will cost USD 57

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Over 80,000 companies registered through DICA’s online portal MyCO

The total number of registered companies on the Directorate of Investment and Company Administration (DICA) online portal MyCO was exactly 81,646 by August-end this year. This number comprises 35,269 new companies and 46,377 existing companies that h

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