Imports of raw materials by CMP businesses have been valued at US$1.99 billion in the past eleven months beginning in October in the 2019-2020 financial year, which plunged from $2.148 billion registered in the corresponding period of last fiscal, according to the Ministry of Commerce.
Foreign investments of US$1.348 billion have flowed into the Special Economic Zones (SEZs), under the Special Economic Zone Law, over the four years under the incumbent government, according to the figures released by the Directorate of Investment and Company Administration (DICA).
Authorities are making an effort to check the vehicles at Yangon highway entrance gates after the Yangon Region government prohibited going outside of Yangon Region on 11 September -------
Myanma Railways (MR) has stopped No 81 down Yangon-Mawlamyine-Ye express train and No 83 down Yangon-Mawlamyine express train out of three express trains, operating Yangon- Mawlamyine -------
Foreign Direct Investment (FDI) of US$142 million has flowed into Thilawa Special Economic Zone (SEZ) in the past 11 months of this financial year -----------
With the gold price in the domestic market having hit above K1.3 million, the gold price will not drop below K1.3 million, said Chairman U Myo Myint of Myanmar Gold Entrepreneurs Association. “The price of domestic gold won’t drop.
