Category: Highlights

External trade deeply affected by pandemic

The latest data released by the Ministry of Commerce shows that Myanmar’s external trade for the new fiscal year, between October 1st and November 13th, plunged by USD 1.4 billion from the corresponding period a year ago, reaching only USD 3.08 bil

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Inflation rate hits lowest point in over a year

The annual rate of inflation in Myanmar, based on the Consumer Price Index (CPI), continued dropping to 5.8 per cent in September 2020 owing to demand slump triggered by COVID-19, according to a report released by the Central Statistical Organization

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CBM takes steps towards smoother financial management

This week the Central Bank of Myanmar (CBM) made 2 important announcements aiming to improve everyday’s life of banking citizens. First it said that it had “upgraded its payment and settlement system to facilitate transactions between fin

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Myanmar avocados on UK shelves

UK consumers in London and Sheffield are now able to taste Myanmar’s avocados revealed The Embassy of the Republic of the Union of Myanmar in London on November 14. State-media reported that Myanmar Amara (a local variety), Hass and Buccan

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Activists’ boycott list grows longer

On the heels of its recent success in forcing Japanese beer conglomerate Kirin Holdings to reconsider in part its joint-ventures partners in Myanmar, activist group “Burma Campaign UK” released an updated list of “military products

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Yangon elevated expressway back on the radar

Union Minister for Construction (MoC) U Han Zaw presided over the 4th meeting of the “leading committee on construction of elevated expressways and outer ring road in Yangon” on November 18th. A top government priority, with the Internati

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