Economy and commerce
Trade
Thai KBank to support Myanmar SMEs
The Thailand-based Kasikornbank (KBank) has received a permission to open a branch in Myanmar, with plans to provide assistance to facilitate bilateral trade, according to KBank vice president Pattanpong Tansomboon.Keep reading ...
Finance Ministry Plans to Expand Online Cargo Clearance System
Plans are underway to expand the Myanmar Automatic Cargo Clearance System, a computerised network aimed at speeding up trade at ports and borders, a minister has said.The expansion will start in 2018 and cover trade posts at Myanmar’s land borders, said U Kyaw Win, the ...
Trade Between Myanmar and Middle East Tops $300m
Total trade between Myanmar and Middle Eastern countries reached $332.874 million in the first 10 months of this fiscal year, 2016-2017, official media reported.Keep reading ...
Trade between Myanmar, Middle East reaches over 300 million USD in past 10 months to January
Total trade value between Myanmar and Middle East countries reached 332.874 million US dollars in the first 10 months of this fiscal year 2016-2017 as of January, official media reported Sunday.Keep reading ...
Myanmar- Thai Border Trade Rises $200m
Myanmar’s border trade with Thailand increased by about $200 million in the current fiscal year 2016-2017 as of March 3rd, as compared with the same period of the last fiscal year, official media reported last Thursday.Keep reading ...
Total Trade Hits $25.8bn, Boosted by Booming Private Sector
The total volume of international trade has reached more than $25.8 billion for this fiscal year, $480 million more than last year, according to the Ministry of Commerce.Overall trade volume at March 13th this fiscal year totalled almost $25.8 billion, while up until March 3rd ...
Exports prioritised to meet trade target
According to official figures from the Ministry of Commerce, trade volume reached US$23 billion until the end of January in this fiscal year. The ministry has set the target trade volume to be $31 billion, therefore the ministry will continue trying to achieve its target ...
Government Eases Trade Restrictions
RANGOON — Burma’s government has announced a plan to ease trade restrictions on joint ventures between local business people and foreign investors, U Yan Naing Tun, director general of the Ministry of Commerce, told The Irrawaddy.Keep reading ...
Rice exports earn $193m
Myanmar earned about US$193 million from exporting around 560,000 tonnes of rice and broken rice until October 21 this fiscal year, according to the Ministry of Commerce. Keep reading ...
Value of trade through Muse border trade camp on the decline
The value of trade through the Muse border trade camp was on the decline as of the end of September, it is learnt from the statistics of Trade Department. The value of trade via Muse as of 23rd September in this fiscal year amounted to ...