The price of black bean unceasingly plummeted in the local bean market for lack of the black bean demand from India, according to the data of Yangon Region Chamber of Commerce and Industry (Bayintnaung Commodity Depot).

During the current financial year 2020-2021, Myanmar Investment Commission (MIC) will give the go-ahead to 24 proposals submitted in the previous FY2019-2020, and they are carefully assessing the projects, said Director-General U Thant Sin Lwin of the Directorate of Investment and Company Administration (DICA). 

Myanmar’s rice export through sea trade drastically plunged in the past two months amid the competitive pricing, the traders said.

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.