FDI up $900 mln against previous fiscal

MYANMAR attracted more than US$1.3 billion in foreign direct investments during the first two months of the current fiscal, --------
Dollar exchange rate dips to K1,500 on strong export market
The US dollar has been sliding against the Kyat in the local currency market, with the exchange rate touching a low of K1,500 per dollar on 5 December, ----------
Myanmar-Sino border trade via Muse checkpoint estimated to reach US$ 5 blnin current FY
THE border trade between Myanmar and China through Muse border trade camp in Northern Shan State ---------
“Property Market Update Q3 2019” seminar held in Yangon
ASEMINAR entitled “Property Market Update Q3 2019” was held by Colliers International Myanmar in collaboration ---------
Imports exceed exports in Myanmar’s trade with Singapore in 2018-2019 FY
The value of Myanmar’s imports surpassed exports in bilateral trade with Singapore in the 2018-2019 Financial year, according to data from the Ministry of Commerce.
Local gold prices expected to extend their drop on weak global cues
With gold prices sliding in the global market, the price of the yellow metal in the domestic market is likely to continue falling, according to gold traders.
Onion imports possible only in case of shortage: Minister
Despite the surge in onion prices in the local market, onion imports will not be allowed during harvest time, said Deputy Minister for Commerce U Aung Htoo. The minister said imports will be allowed only if there is a shortage of onions in the local market coupled with a price escalation.