In a bid to contain the spread of coronavirus, Mang Weing border checkpoint has adopted driver substitution system starting from the first week of April, and China unexpectedly scaled up charges for driver substitution on 11 October.
Myanmar has attracted more than US$25 billion of foreign direct investments over the past four and half years under the incumbent government, according to the Directorate of Investment and Company Administration (DICA).
Mandalay Region Consumer Affairs Department received nearly 250 consumer complaints in the 2019-2020 financial year, with over 100 complaints regarding service, said U Zaw Min, head of Mandalay Region Consumer Affairs Department.
Singapore has remained as the top source of foreign direct investments into Myanmar in the current financial year 2019-2020, according to data released by the Directorate of Investment and Company Administration (DICA).
The goat and cattle exporter are asking for regulatory relief and market creation in domestic meat market as they are carrying a heavy burden due to export difficulties through border trade and high input costs such as feedstuff cost and labour wages.
Myanmar’s trade gap has significantly surged to US$1.46 billion in the financial year 2019-2020 from over $1 billion registered in the corresponding period of the 2018-2019FY, according to the data provided by the Ministry of Commerce.
