Trade Remedy

Jun 12,2019
Majority of the people think of WTO as an organization aim-ing  for  Free  Trade.  However,  one should note that Free Trade is not always Fair Trade. Quot-ing  directly  from  its  website  WTO  say  it  is  the  only  inter-national  organization  dealing  with the global rules of trade. Its main function is to ensure that trade  flows  as  smoothly,  pre-dictably and freely as possible.
Agro exports up $247 mln in Oct-May
Jun 12
Myanmar’s exports of agricultural products from 1 October to 31 May in the current fiscal year crossed US$2.3 billion from $2.09 billion in the corresponding period of the 2017-2018FY, according to trade figures released by the Ministry of Commerce.
Hlawga Hatchery conducting research on breeding Chitala Chitala
Jun 12
The Hlawga Hatchery under the Yangon Region Fisheries Department, which produces 19 fish varieties for local breeders, is currently carrying out research on breeding Chitala Chitala of Myanmar origin in order to meet market demand.
1038 lots of Jades worth over K18 bln sold on 4th day of Myanmar Gems Emporium
Jun 12
Fourth day of Myanmar Gem Emporium continued at Mini Yadana Jade Hall in Nay Pyi Taw.
Local gold price likely to slip further: gold traders
Jun 11
Tracking the drop in the price of gold globally, the yellow metal is likely to continue its slide in the domestic market, said U Ohn Myaing, General Secretary, Myanmar Gold Entrepreneurs Association.
Myanmar imports decline 6% in current fiscal
Jun 08
MYANMAR’S  imports  have  exceeded  US$12  billion  in  the  eight months since October in the current fiscal year, the Min-istry of Commerce reported on Friday. Compared with the cor-responding  period  of  the  2017-2018FY, imports have declined by more than $780 million, or 6 per cent.
Successful cultivation of agarwood attracts foreign travellers’ attention
Jun 05
The interest of foreign travellers in value-added agarwood is more than that of the past since it can be successfully cultivated and produced in Myanmar and agarwood purchase is on the increase.