Cattle trade almost to a halt due to COVID resurgence

Cattle trade almost to a halt due to COVID resurgence

Cattle trade has ground to a halt amid the coronavirus resurgences and over 10,000 cattle are stranded in Muse border. “Before the COVID-19, cattle was in high demand. The resurgence of COVID-19 in Myanmar prompted China to tighten its border areas
National Education Strategic Plan being discussed in light of new report from UNICEF & SEAMEO

National Education Strategic Plan being discussed in light of new report from UNICEF & SEAMEO

In a meeting held late last week, Union Minister for Education Dr Myo Thein Gyi and other top government and Ministry of Education officials discussed the 2021-2030 National Education Strategic Plan (NESP) – succeeding the previous 5-year plan
USD 171 Million ADB loan to help expand electricity access

USD 171 Million ADB loan to help expand electricity access

The Asian Development Bank (ADB) announced on December 5th it has approved a USD 171.27 million loan to help Myanmar construct 44 medium-voltage substations and 1,006 kilometers of distribution lines across Kayin state and the Ayeyarwady, east Bago,
New online customs transit system set to facilitate trade in ASEAN

New online customs transit system set to facilitate trade in ASEAN

Cross-border traders in ASEAN can now take advantage of a new online customs transit management system – the ASEAN Customs Transit System (ACTS) – to accelerate trade in goods by road within ASEAN by reducing trading challenges and enabling c
Agricultural exports show strong resilience

Agricultural exports show strong resilience

As we’ve reported last week and this week again, Myanmar’s trade is going through a roller-coaster ride amidst the Covid-19 crisis. Border trade closures and re-openings, transit restrictions, new markets development have all impacted the
Manufacturing PMI remains low but recovering

Manufacturing PMI remains low but recovering

IHS Markit Myanmar Manufacturing PMI increased to 43.2 in November 2020 from the second-lowest reading on record of 30.6 in October. Despite this increase, the indicator remains below 50 indicating a contraction in the sector, the 3rd straight month.