Suspension of Sino-Myanmar border trade is dependent upon coronavirus diagnosis, said U Min Thein, vice-chairman of Muse Rice Wholesale Centre. After COVID-19 positive patients -----
Myanmar has exported over 2.5 million tonnes of rice and broken rice as of 4 September in this financial year (FY), stated Myanmar Rice Federation (MRF) on Wednesday.
Myanmar maritime trade constituted 84 per cent of rice exports. It generated an estimated income of US$646.759 million as of 4 September in the current financial year, as per data from Myanmar Rice Federation (MRF).
Myanmar fisheries sector is hit hard by the coronavirus fallouts, and the Ministry of Commerce is endeavouring to penetrate the US’s fish and seafood market, Yangon Region Fisheries Department stated.
Myanmar’s border trade with China saw a decrease of US$ 188 million between 1 October last year and late August this current financial year, according to the statistics from the Ministry of Commerce.
THE annual rate of inflation in Myanmar, based on the Consumer Price Index, stood at 7.14 per cent in July 2020, according to a report released by the Central Statistical Organization, under the Ministry of Planning, Finance and Industry.