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.

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.