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

Industry asks for lower duties for Myanmar-assembled cars

Auto industry representatives have asked Yangon’s chief minister to lower import duties on unassembled cars. The request comes as domestic and foreign car makers look to boost production in Myanmar. During a meeting with Yangon Region Chief Min

Corn crop latest focus in Thai border trade developments

The Myanmar Corn Association is overseeing the development of corn wholesale collection centers in the border town of Myawaddy as the country builds its trade infrastructure with Thailand. The sites are expected to open in April. U Min Khine, chair
Illicit trade valued at over USD 6.4 billion per year

Illicit trade valued at over USD 6.4 billion per year

Myanmar’s illicit trade stands at USD 6.4 billion. During the first-ever Illicit Trade Forum held on February 3rd and 4th in Geneva, U Than Myint, the country’s minister of commerce, said that this figure is still “just the tip of the i

Vietnam trade office warns exporters to Myanmar

Potential exporters should beware of Myanmar, the Vietnam Trade Office in Myanmar has warned. In a recent statement, it urged those enticed by Myanmar’s demand for imported goods to be careful of what it characterized as inefficient, unreliable

China bought 10.8 million tons of oil in 2019

Myanmar ended the year having exported a total of 10.8 million tons of crude oil to China, a rise of 6.3 percent from 2018, highlighting the deepening economic relationship between the two countries during the development of the China-Myanmar Economi