Myanmar traders suffer loss as China suspends marine products imports

Nov 3,2020
China halted fisheries products imports through Muse land border effective 15 October, causing losses for Myanmar traders, industry sources said.
Gold market reopened but remains sluggish
Nov 03
The domestic gold market has reopened yet it still remains sluggish, said U Ohn Myaing, general secretary of Myanmar Gold Entrepreneurs Association.
Myanmar trade deficit with China estimated at $1.3 bln last FY
Nov 02
Myanmar trade deficit in goods with China was estimated at US$1.3 billion in the 11 months of the last financial year (Oct-Aug), the data released by the Ministry of Commerce indicated.
CBM purchases $43 mln in October at auction rate
Nov 02

Growers urged to cultivate black-eyed bean instead of black bean, pigeon pea
Oct 30
Following the uncertainty in markets of black bean and pigeon peas, which are primarily sent to India, Myanmar Pulses, Beans and Sesame Seeds Merchants Association (MPBSSMA) suggested that the growers cultivate black-eyed bean more.
Myanmar earns $69.2 mln from e-Visa in 4 years
Oct 29
Myanmar has received US$69.2 million as revenue from e-Visa and over 1.75 million of tourists and business travellers applied for e-Visa, according to the report issued by the Ministry of Hotels and Tourism.
Yangon Region Tourism Committee endorses over K8 bln worth hotel projects
Oct 29
Yangon Region Tourism Committee gave the green light to hotel businesses with an estimated capital of over K8 billion, according to the regional tourism committee’s meeting 6/2020.