Can Asia Remain the ‘Garment Factory of the World’?

Bolstering labor productivity in Asia’s garment sector could improve wages, a new International Labour Organization report says, although many issues can influence variables and so inferences regarding this relationship “must be nuanced.” What’s clear, however, is that the so-called “garment factory of the world” is struggling with challenges made more acute by the Covid-19 pandemic, the United Nations […]

Myanmar to import 3,000 tons of cement from Bangladesh

Myanmar has decided to import 3,000 tons of cement to Rakhine from Bangladesh after the State chamber of commerce and industry urged the centre to grant permission for importing cement from the neighbouring country. The development came following the approval of Naypyitaw Nasaka Council earlier this month, reports Narinjara News. “Rakhine State government has been […]

Myanmar-Bangladesh border trade hits $12.7 mln this mini-budget year

The bilateral border trade between Myanmar and Bangladesh stood at US$12.7 million as of 14 January in the mini-budget year of 2021-2022, according to the Ministry of Commerce.Myanmar-Bangladesh total border trade included Myanmar’s exports of $12.64 million and its imports of $0.07 million.According to statistics, the border trade during this period has seen a drop, […]

Fisheries export to Bangladesh earns over $6 million within 2 months

Myanmar’s fisheries export to Bangladesh earned more than $6 million between mid-October to the end of December in the 2021-2022 financial year.Within over two months, the marine export sector received more than $6 million, while there was only $4.77 million within nine months of the previous FY. Thus, the marine export netted much foreign income […]

Myanmar prepping for cattle shipment to Bangladesh

Myanmar has been planning to ship cattle to Bangladesh, said U Soe Naing, chair of the Mandalay Region Cattle Exporters Association.Bangladesh buyers contacted the association. They are currently observing trade routes. After that, the association will report this to the related department, he continued.“We will keep the authorities posted on how trade will be conducted. […]

Bangladesh to buy Myanmar rice, putting aside Rohingya crisis

DHAKA (Reuters) – Bangladesh will buy 100,000 tonnes of rice from Myanmar, putting aside a rift over the Rohingya refugee crisis as the government races to overcome a shortage of the staple food for the country’s more than 160 million people. High rice prices pose a problem for the Dhaka government, which is ramping up […]

Bangladesh negotiates with Myanmar to buy 100,000 tonnes of rice

Bangladesh has reopened negotiations with Myanmar to purchase 100,000 tonnes of rice, said U Ye Min Aung, chair of the Myanmar Rice Federation (MRF). Bangladesh signed a Memorandum of Understanding with Myanmar for its self-sufficiency of foodstuffs and cooperation in the rice sector in 2017. Myanmar exported 100,000 tonnes of rice to Bangladesh in the […]

Myanmar to export rice to Bangladesh

Bangladesh is planning to purchase 100,000 tonnes of Myanmar rice under a government-to-government agreement. “We will negotiate the price in the coming days. The rice will be exported via a maritime route if an agreement is reached between the two sides,” said U Aung Myint, secretary of Rice and Paddy Traders Association. “As Bangladesh is […]

Bangladesh wins and loses in China-India rivalry

Bangladesh is in the middle of rising Indian and Chinese competition for South Asian influence, a position that could benefit or imperil the Muslim majority developing nation of over 161 million people. On one hand, Bangladesh enjoys robust strategic ties with India, witnessed in just- completed joint naval exercises with India where the two sides […]

Carp export to Bangladesh increases

Freshwater carps export to Bangladesh through Maungdaw border trade center is increased during January and it is became the second largest export product at Maungdaw border trade center, according to figures from Office of the Director of Maungdaw border trade. Myanmar is continued to export carps via Maungdaw border trade center. It exported 180 tons […]