Parliament asked to approve ADB loan to improve electricity network

Myanmar may buy power from China

Myanmar may soon fill its electricity supply gaps by importing power from China. Ministry of Electricity and Energy Deputy Permanent Secretary U Soe Myint disclosed to the Myanmar Times that a feasibility study will soon be conducted on the possibili

Myanmar-China trade tops USD 1.3 billion

Trade between Myanmar and China has reached USD 1.337 billion in the first two months of the fiscal year and the two countries deepen their trade partnership. The data, which Eleven Media Group obtained from the Ministry of Commerce, shows USD 551 mi

Xi Jinping visit ends with new trade deals

Xi Jinping’s long-awaited visit, the first from a Chinese head of state in 19 years, ended with dozens of new deals as Myanmar deepens its economic relationship with its most powerful neighbor. Over the two-day conference, Xi met with President
Ministry of Commerce: exports up 36% YoY

Ministry of Commerce: exports up 36% YoY

The MOC’s efforts to boost the countries’ export seem to start paying off. According to their most recently released data, exports were up 36% this fiscal year, from October to December, compared to the same period last year, totaling USD

How a genocide ruling would affect Myanmar business

Next week, on January 23, the International Court of Justice will announce its ruling on whether or not Myanmar is guilty of genocide. The charges were leveled by the Gambia with a request for “provisional measures” to halt and rectify al

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