Pandemic hits crop prices

Agriculture prices are fluctuating as the pandemic stalls supply chains, throttles border trade, and affects both supply and demand of certain commodities. This week, the Myanmar Times reported surging prices of watermelons as border restrictions lim
Fishery exports surge by over 17% this FY

Fishery exports surge by over 17% this FY

Myanmar’s fiscal year ended on September 30th and some sectors have performed better than others. When it comes to trade, fishery exports is one of them. The Ministry of Commerce said that export earnings from the fisheries sector during the pe
Myanmar negotiates with Saudi Arabia to resume fish exports

Myanmar negotiates with Saudi Arabia to resume fish exports

The Global New Light of Myanmar reported that the Ministry of Commerce is currently negotiating with the Saudi Arabian ambassador to Myanmar about exports of fishery products to the Arab kingdom. In April 2018, following the detection of two prawn di

Garment demand down 75%

The COVID-19 pandemic has hit Myanmar manufacturing for months, especially for garments. But a new report shows that lower demand from abroad is also damaging the garment industry. Orders from Europe, normally highest in August, have sunk to barely a
Myanmar’s trade with ASEAN members close to USD 10 billion this FY

Myanmar’s trade with ASEAN members close to USD 10 billion this FY

Ministry of Commerce released the trade numbers for the first ten months of the current fiscal year (October 2019 – July 2020) and trade between Myanmar and its fellow ASEAN members reached USD 9.94 billion over the period. Myanmar registered a

India-Myanmar association seeks to rebuild border trade

The Upper Myanmar India Association, a trade organization of around 150 members, is gearing up to revitalize stalled commerce on the India-Myanmar border. First on its list of priorities: a new brokerage that will connect Myanmar and Indian merchants