Myanmar’s Manufacturing PMI plunges to record lows in September
Early August’s optimism has been replaced with a September gloomy pessimism. The IHS Markit Myanmar Manufacturing PMI plunged to 35.9 in September 2020 from August’s 15 month high of 53.2 said the consulting company.It went on saying theThailand and Myanmar resume cross-border goods transport
After almost 2 weeks with trade halted between Thailand and Myanmar, both countries have managed to reach an agreement and resume trade on September 30th. Myanmar has accepted Thailand’s proposal to resume goods transportation under the condition t
Domestic flight ban a disaster for the industry
The ban on domestic air travel, scheduled to end at the end of September, has been extended one full month as COVID-19 infections continue to soar. Yet the grounding may last much longer; the government tends to set travel bans in one month periods,
Pandemic stops the presses
Yangon’s news media has risen on the list of COVID-19’s economic victims. A recent blanket stay-at-home order for Yangon Region has forced printing presses to close their doors and most private newspapers and magazines to suspend their pr
Thailand optimistic about trade despite stay-at-home measures
Thailand’s chamber of commerce believes trade with Myanmar will not be greatly affected by the recent stay-at-home measures in Yangon. The blanket stay-at-home order, which will continue for at least 14 days, covers the entire city and heavily
