Xi Jinping will visit Myanmar amid soaring trade

At the time of publishing, Chinese president Xi Jinping’s first visit to Myanmar in 19 years will be only one day away. His visit will not only mark the 70th anniversary of diplomatic relations between the two countries, it will also mark a hig

Thailand expands Myanmar finance ties in major bank investment

A major Thai bank may soon be a 35 percent stakeholder in Myanmar’s Ayeyarwaddy Farmers Development Bank in the deepening financial relationship between the two countries. The Kasikorn Bank, or KBank, Thailand’s fourth largest financial i

China border trade passes USD 1 billion in first month

The Ministry of Commerce says border trade between Myanmar and China passed the USD 1 billion mark in the first month of the 2019-2020 fiscal year. The booming trade comes despite a surge in violence along key trade routes and highlights Myanmar̵
Foreign alcohol

New liquor import law brewing

Foreign liquor may soon be legally imported. A draft of a law that will allow for the legitimate import of hard liquor has been written and submitted before the attorney general for approval, according to the Myanmar Times. Importing popular foreign

Daw Suu meets with Chinese foreign minister

State Counsellor Daw Aung San Suu Kyi met with Chinese foreign minister Wang Yi in Nay Pyi Taw last week. The two discussed China and Myanmar’s ongoing economic and political partnerships. The meetings marks one of the state counsellor’s

China eyes Myanmar bananas

China may soon ink a new banana trade deal. Deputy Minister of Commerce U Aung Htoo announced that the two country’s are in talks to sign an agreement for China to import large quantities of Myanmar bananas, adding that fruit to the list of hi