The manufacturing sector in Myanmar expanded to become a contributing force to the country’s economy between 2017 and 2019, a survey conducted by the Central Statistical Organisation (CSO) and the United Nations World Institute for Development Economics Research showed. Published on July 27, the report highlighted an increase in productivity in the manufacturing sector during […]
Rubber prices fall in Myanmar due to decrease in quality
May 10, 2018 by
Rubber prices in Myanmar are falling despite an increase in quantity exported to China. Myanmar is a particularly good region for growing rubber because of its wet weather and high humidity. Myanmar Rubber prices have been falling in the Mon State due to low quality, the Mon State Rubber Planters and Producers Association’s chair Nai […]
Locals Upset Over IFC Meeting Regarding Salween Hydropower Project
January 25, 2018 by
MANDALAY — Action for Shan State Rivers (ASSR) said on Monday that locals were saddened by the meeting of the International Finance Corporation (IFC) concerning the controversial hydropower projects on the Salween River in Shan State. “Despite disagreements, the IFC held a stakeholder discussion in Taunggyi on Monday, without representatives of impacted locals or local […]
Trade deficit hit US$1.4 billion in past three months
July 11, 2017 by
Myanmar’s trade deficit reached US$1.4 billion in the past three months, according to the Commerce Ministry. External trade from 1 April to 30 June this was an estimated $7.7 billion. Exports were worth $3.2 billion and imports were $4.6 billion. Myanmar’s export market includes extractives including minerals, natural gas, agriculture and fisheries products. Agribusiness plays […]
External trade value hit over US$15 billion
November 8, 2016 by
The value of external trade as of 28th October in this fiscal year 2016-2017 reached over US$- 15billion, very close to that of last fiscal year, according to statistics from the Ministry of Commerce. The trade value from 1st to 28th October in this fiscal year was US$15,067.626million, and in the same period last fiscal […]
Burma Removes Hundreds of Names from Blacklist
July 29, 2016 by
RANGOON — The names of some 600 foreign and Burmese nationals were removed from Burma’s blacklist, the Ministry of Labor, Immigration and Population told The Irrawaddy on Thursday. A move that was pledged by Union minister Thein Swe as part of his ministry’s 100-day plan, led to the removal of 607 names—more than 200 Burmese and 300 […]
Myanmar Gas Exports Worth $3.3Bln Last Year After Slight Drop
June 23, 2014 by
YANGON — Myanmar’s earnings from natural gas exports fell in the last fiscal year as more of the resource was consumed domestically but shipments of greater volumes to China as a new pipeline comes up to speed are expected to boost earnings this year. Myanmar earned $3.299 billion from the export of gas during the […]
Myanmar Gas Exports Seen Rising on Ramping Up of New China Pipeline
June 19, 2014 by
Myanmar’s earnings from natural gas exports fell in the last fiscal year as more of the resource was consumed domestically but shipments of greater volumes to China as a new pipeline comes up to speed are expected to boost earnings this year. Myanmar earned $3.299 billion from the export of gas during the 2013-14 (April/March) […]
