China to invest USD 30 billion in industrial zone
As briefly reported in our highlights last week, a Chinese company and several Myanmar partners will invest USD 30 billion in an industrial zone contained within the Kyaukphyu Special Economic Zone on Myanmar’s west coast. Speaking to parliament, D
Yangon Stock Exchange will open to foreigners amid general corporate reform
Next month, foreigners will be able to make trades on the Yangon Stock Exchange as Myanmar continues to refine its corporate infrastructure and open its markets to direct foreign investment. In July of last year, the Securities and Exchange Commissio
Myanmar quarantines 22 as coronavirus hits economy
The Ministry of Health and Sports has quarantined 22 people who have been in contact with a South Korean woman who tested positive for the COVID-19 coronavirus. The woman was diagnosed with the disease in South Korea after having travelled to MalaysiTotal border trade value exceeds USD 3.9 billion, up USD 584 million
Despite the coronavirus outbreak, the total border trade value through 7 February of this fiscal year (FY) was up USD 584 million compared with the same period last year, exceeding USD 3.9 billion, according to the Ministry of Commerce. The total borGovernment racks up nearly USD 1 billion in mineral export in current FY 19-20
According to figures from the Ministry of Commerce released this week, Myanmar earned over USD 907 million from mineral exports in the first four months of present fiscal year (FY) which started October 1st. This figure represents an increase of USD
