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Trade boss Requires Qualitative Exports

Tin Htut Oo, adviser for Federation of Chambers of Commerce and Industry (UMFCCI), said that Myanmar exported more than 1 million tons of agricultural products such as rice, beans and maize, but most of them were raw materials only. “Myanmar only exports rice, beans and maize as raw material. They are still far from being able to become a value-added product,” ... Read More »

Myanmar Trade, 300 million USD in past 10 months

myanmar trade, myanmar exports

The total cost of trade between Myanmar and the countries of the Middle East reached 332.874 billion dollars for the first 10 months of fiscal year 2016-2017 as of January, according to official sources. During this period, Myanmar obtained $ 100 million at the expense of exports to these countries, while the value of imports reached $ 231 million USD. read ... Read More »

Myanmar trade value exceeded 700 million USD in first week of FY 2017-2018

trade

According to official data from Myanmar’s Ministry of Commerce Myanmar on Tuesday, the total commercial price in the first week of the current fiscal year 2017-2018 as of April 7 amounted to 731.913 million dollars. Myanmar trade value increased by 164.64 million or 29 percent compared to 567.273 billion dollars in the same period of fiscal year 2016-2017, which ended ... Read More »

Myanmar to discuss rice export to Sri Lanka

myanmar rice export

Sri Lanka’s Ambassador to Myanmar, KWND Karunaratne, made a bid on January 23, during a visit to U Than Myint, the Union Minister for Commerce, the assistant secretary said. “[Sri Lanka] wants to buy rice from us, and they want to do it [through the agreement] between governments,” said U Khin Maung Lwin, adding that the discussion will now turn ... Read More »

China Importers Interested Myanmar Mangos and Avocados

Myanmar mangos and avocados, myanmar imports and exports, myanmar trade, myanmar imports, myanmar exports

Myanmar Mangos and avocados have attracted the attention of foreign buyers to the China-ASEAN exhibition held in Nanning, China last month, according to Myanmar fruits, flowers and associations of vegetable producers and exporters. “We brought Myanmar avocado, mango, watermelon, cucumber, sweet cucumber, nuts, tea leaves and a variety of fruits and vegetables at the fair. Visitors were mainly interested in ... Read More »

E-commerce in Myanmar seems to boost economy

ecommerce in myanmar

E-commerce is creating a huge impact in Asian developing countries which are in growing phase of e-commerce, Myanmar is no more different. 21st century has changed everything in this world. Rapid change in lifestyle, technology, fashion, film industry, music, entertainment, sports, fun and eating food, is due to the role of e-commerce in market. Recent trends have shown that people ... Read More »

Myanmar jade traders say worst year and “No” to sales

myanmar jade

Myanmar jade traders in Mandalay say this could be the worst year ever for business. The main reason for mentioning the absence of Chinese buyers, perhaps nervous about the outcome of the elections next month. In interviews and October 25 in Maha Aung Myay Jade Trade Center, one after another trader lamented the current fate. And jade dealer said U ... Read More »

Myanmar imports and exports below USD 865 million

myanmar imports and exports

Myanmar imports and exports trade has decreased 865 million dollars in the first ten months of 2015, according to the latest figures released by the Ministry of Commerce. Total trade between January and October of this year amounted to about $ 13.8 million. Exports this year so far totaled $ 5.6 billion, dropped almost US $ 450 million six billion ... Read More »

Myanmar expects to re-engage foreign investment

myanmar jewel

Large companies are distancing themselves from gem industry to escape from sanctions imposed by the United States. If you believe the official trade statistics, imports of precious stones, jade and other precious stones Myanmar to China jumped to $ 12.3bn last year, a tenfold increase of only $ 1.2 billion in 2013. Social Bookmarking Read More »

Myanmar trade to effect over China business slowdown

china myanmar

In this year, Myanmar trade could be affected by the slowdown in China, the fall in world prices of raw materials and the devastating floods across the country, experts say. China is a major trading partner of Myanmar – the second largest bilateral trade with the world economy accounts for over 50 percent of total trade, according to Ministry of ... Read More »

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