Unrest affects trade
As the political situation hangs in uncertainty, so does the flow of goods. The Ministry of Commerce released data on external trade from start of current fiscal year (October 1st, 2020) until January 22nd, 2021 and both import and exports have plummTrade at main land border with China disrupted
Trade in Muse, location of the main border trade with China (and of Myanmar), remained unaltered during the first days of the coup on February 1st before coming to almost a stand still later in the week. In an interview with Eleven Media, Min Naing S
As India ups partnership, its investors lag
This week’s donation of 1.5 million COVID-19 vaccines from India punctuated a year of effort to form partnerships and increase investments in Myanmar. However, total foreign investment from India has plunged. India’s Business Standard thiSingapore tops FDI list, Myantrade to open office to support exports
Singapore has been the top source of foreign direct investments (FDI) into Myanmar since 2012. Things haven’t changed over the first quarter of the current financial year that started on October 1st 2020, according to the data released by the D
Individual permits boost trade MMK 8 billion
A new round of Individual Trading Cards (ITC) has helped boost overall trade by MMK 8.09 billion in the first quarter of the fiscal year, according to the Ministry of Commerce. That number comprises MMK 6.46 billion in imports and MMK 1.6 billion in
