Myanmar’s bilateral trade with Japan reached almost US$2 billion in the financial year 2019-2020, with exports surpassing imports, according to figures updated by the Department of Trade under the Ministry of Commerce in the second week of November.
The construction of highway bus terminal in Tamu town, Sagaing Region, which is a gateway to Myanmar-India cross-border trading, is completed, said U Myo Min Tun, Executive Officer of Tamu Township Development Committee.
Myanmar has attracted US$209.616 million in foreign direct investments as of 25 November in the current financial year2020-2021 started on 1 October, including the expansion of capital by the existing enterprises, as per the statement of Myanmar Investment Commission (MIC).
The Directorate of Investment and Company Registration (DICA) received a report for dissolution of 50 corporate enterprises on the online registry system, MyCO, under the Myanmar Companies Law 2017, said U Thant Sin Lwin, director-general of the DICA.