Trade deficit to rise but inflation the concern

The trade deficit will reach K4 trillion (US$3.9 billion) by the end of next financial year, says Minister for National Planning and Economic Development U Kan Zaw. Inflation is also pegged to average 6.83 percent in 2015-16 compared year-on-year, though could rise as high as 8.11pc by March 2016, he added. U Kan Zaw revealed […]

Focus on closing the ASEAN economic gap: minister

Minister of national planning and economic development U Kan Zaw called for efforts to close the economic gap between different ASEAN countries during his opening address of the 46th ASEAN Economic Ministers meeting in Nay Pyi Taw on August 25. Macroeconomic stability, streamlining regulations and investment in infrastructure and human resources are key areas to […]