Myanmar’s manufacturing PMI hits second lowest on record
The latest IHS Markit Myanmar Manufacturing PMI plunged to 30.6 in October 2020 from 35.9 a month earlier. This was the second-lowest reading on record as the economic fallout from the COVID-19 crisis persisted, with the government putting many regio
Thailand closes crossing impacting trade
Myanmar passed 40,000 confirmed COVID-19 cases this week. Key industries continue to suffer, and the government continues to scramble to soften the blow. This week, the border crossing at Mae Sot, Thailand, the busiest land portal between the Kingdom
Yangon factories re-open
The Ministry of Health and Sports has announced that it will grant approval to certain factories to resume operations provided they meet strict safety standards. Garment factories and the workshops of small and medium enterprises will be eligible forMyanmar’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 theManufacturing PMI jumps in June 2020
Myanmar’s manufacturing sector showed signs of recovery in June despite ongoing measures to contain the coronavirus disease 2019 (COVID-19) outbreak. The IHS Markit Myanmar Manufacturing PMI increased to 48.7 in June 2020 from 38.9 in the prior
