FDI tops $209.616 mln as of 25 November

Dec 4,2020
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).
About 50 companies reported dissolving on MyCo registry system
Dec 04
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.
Avocado growers urged to pick pedigree plants amid high demand
Dec 03
Myanmar’s avocado has market potential in European countries, and so, Myanmar Avocado Producers and Exporters Association urged the growers to expand the cultivation with the pedigree plants only.
Myanmar’s coffee export drops by half this year
Dec 03
Myanmar’s coffee export has fallen by half this year on the weak demand triggered by the coronavirus.
Japan's new vehicle sales rise for 2nd month
Dec 02
Sales of new vehicles in Japan are gradually picking up following a sharp decline due to the coronavirus pandemic.
Foreigners hold 13.4 per cent of FMI shares in equity market as of Nov-end
Dec 02
Foreign investors have purchased 4,460,060 shares of First Myanmar Investment (FMI) on the Yangon Stock Exchange (YSX) as of November-end, holding 13.47 per cent of shares, according to statistics released by the exchange.
Black bean price down by over K100,000 per tonne due to no demand
Dec 02
The price of black bean plunged by over K100,000 per tonne as the demand has dried up, said U Min Ko Oo, the secretary of Myanmar Pulses, Beans and Sesame Seeds Merchants Association.