The value of Myanmar’s bilateral trade with neighbouring country Thailand in maritime trade and border trade was estimated at US$18.865 billion in the past four financial years, the statistics issued by the Central Statistical Organization under the Ministry of Planning, Finance and Industry indicated.

A silk reeling machine installed in Tiddim silk factory and silkworm plant research farm has a production capacity of two tonnes of silk per year, Chin state Minister for Agriculture, Livestock, Forest and Mineral.

China halted fisheries products imports through Muse land border effective 15 October, causing losses for Myanmar traders, industry sources said.

The domestic gold market has reopened yet it still remains sluggish, said U Ohn Myaing, general secretary of Myanmar Gold Entrepreneurs Association.

Myanmar trade deficit in goods with China was estimated at US$1.3 billion in the 11 months of the last financial year (Oct-Aug), the data released by the Ministry of Commerce indicated.