Category: Highlights

Import – Export licenses for 160 items now online

Starting from April 1, the Department of Trade under the Ministry of Commerce will provide online services for export and import licences, aiming to reduce person-to-person contacts and prevent spreading the Coronavirus. Harmonised System Codes, an i

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Inflation on a continuous upward trend

The annual rate of inflation in Myanmar, based on the Consumer Price Index, peaked at 9.06 per cent in January according to a report released by the Central Statistical Organization, under the Ministry of Planning, Finance and Industry. The figure ha

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Internet and ecommerce usage surge in past month

Mobile operators and ecommerce vendors are set to gain from the COVID-19 situation. Thirsty for information and latest updates on the pandemic, with more time in hand due to sector-wide closures and working from home policies, mobile subscribers have

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Myanmar receives USD 6.7 million from China under LMC Special Fund

Myanmar received over USD 6.7 million from China under the Lancang-Mekong Cooperation (LMC) Special Fund during a signing ceremony of the agreement held in Nay Pyi Taw on Monday. The first agreement on projects of the LMC Special Fund for Myanmar (fi

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Suzuki invests USD 100 million to raise its production capacities in Myanmar

Japanese auto maker and national automotive market leader Suzuki Motor has announced that it will invest USD 100 million to increase production at one of its Myanmar factories, as announced by the company and reported by the Nikkei Asian Review. With

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MOALI and JICA sign Memorandum of Understanding

The Ministry of Agriculture, Livestock and Irrigation (MOALI) and the Japan International Cooperation Agency JICA have signed an MoU for a technical assistance project to promote value chain of agricultural crops through a food safety program. The 4-

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