Fishery industry expected to rake-in up to USD 1 billion this FY

Fishery industry expected to rake-in up to USD 1 billion this FY

According to Ministry of Commerce data, over USD 680 million has been earned from fishery exports to over 40 countries, including China and Thailand, since the start of the current fiscal year in October 2019. The total earnings exceed by USD 100 mil
Trade with Japan tops USD 1 billion in H1 of 2019-20 FY

Trade with Japan tops USD 1 billion in H1 of 2019-20 FY

According to the numbers released by the Ministry of Commerce, the value of trade between Myanmar and its development partner Japan exceeded USD 1.15 billion in the first half of the current fiscal year that started in October 2019. Exports represent
Myanmar- ASEAN commercial trade holds on in H1 of 19-20 FY

Myanmar- ASEAN commercial trade holds on in H1 of 19-20 FY

If the trade with its Indian neighbor is down 40% (see this week’s highlight), Myanmar’s commercial exchanges with its ASEAN partners remain healthy. According to the latest reports from the Ministry of Commerce, the aggregated sea and la

Seafood industry dries up

Fish and seafood was one of the earliest industries to suffer from the COVID-19 outbreak. As export channels began to close within China and Thailand, fish merchants were left with warehouses full of rotting merchandise. Unfortunately, the situation

India to buy huge amount of black gram as beans remain steady

The government of India has announced plans to import 400,000 tonnes of black gram beans from Myanmar between May 2020 and March 2021. The price per tonne of black gram is holding at around MMK 1 million per tonne, according to the Myanmar Times. Bla

Signs of hope for pandemic-stricken economy

After months of stalled trade and a crippled tourism industry due to the COVID-19 epidemic, some economic sectors are showing signs of recovery even as others continue to slide. Since January, land trade with China, Thailand and India has taken a ser