Traders at the Myanmar-China border were encouraged to use the kyat and renminbi as the main means of commerce and exchange at a financial workshop organised by the Industrial and Commercial Bank of China Limited (ICBC) and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), last week. “As Myanmar’s main border […]
Govt to hold tender for construction of Muse airport this year
April 24, 2019 by
Plans are being drawn out for the construction of an airport in Muse, which is a major hub for trade at the Myanmar-China border. A tender will be held this year, said U Ye Htut Aung, deputy director general of the Department of Civil Aviation (DCA). “We have presented this project to the minister’s office. […]
Frustrated Farmers Give Melons Away as Border Checkpoint Remains Shut
January 11, 2019 by
MANDALAY—Melon growers gave away around 50 tons of watermelons in Sagaing Region’s Monywa on Monday in a protest against the closure of a key border checkpoint for fruit exports in the Muse border trade zone on the Myanmar-China border. Melon and cantaloupe growers from Butalin Township organized the protest, one of its leaders, Ko Thitsar, […]
Beijing Urges Gov’t to Get Ball Rolling on China-Myanmar Economic Corridor
December 4, 2018 by
The vice chairman of China’s top economic planning agency has pushed Myanmar’s State Counselor to work out an implementation plan for the China-Myanmar Economic Corridor, a part of Beijing’s Belt and Road Initiative (BRI). China National Development and Reform Commission (NDRC) Vice Chairman Ning Jizhe held talks with State Counselor Daw Aung San Suu Kyi […]
Ministry to solicit EOI for border economic zones
November 15, 2018 by
The government is moving ahead with plans to develop three areas along the Myanmar-China border as economic zones, Deputy Commerce Minister U Aung Htoo said. The plan to develop the border economic zones is one of five agreements signed during State Counsellor Daw Aung San Suu Kyi’s visit to China last year. In July, the […]
Myanmar Fighting Poses Dilemma for China
February 27, 2015 by
YANGON— There are ongoing clashes along the Myanmar-China border between Kokang rebels, led by the 85-year-old ethnic Chinese warlord Peng Jiasheng, and Myanmar’s military. Peng has long been suspected by the United States as a major trafficker of opium and methamphetamines. At least 130 people have been killed in the recent fighting and as many […]
Myanmar earns over US$ 840 million from agricultural export
September 5, 2013 by
Myanmar has earned over US$ 840 million from beans and pulses export, according to the Ministry of Commerce. Myanmar exported over 1.39 million tonnes of agricultural products worth over US$ 845.3 million from April 1 to August 23 in 2013-2014 fiscal year. Over 42 million tonnes of agricultural products were exported and Myanmar earned over […]
