Philippine economy shrinks 11.5% in third quarter

The Philippine economy shrank for the third straight quarter in July-September, official data showed Tuesday, but there were signs activity was slowly picking up as coronavirus restrictions eased and more businesses reopened.
Myanmar goods trade deficit with Singapore estimated at $10.7 bln in 4 years
Myanmar trade deficit in goods with Singapore was estimated at US$10.72 billion in the past four years, the statistics issued by the Central Statistical Organization under the Ministry of Planning, Finance and Industry indicated.
Mobile market resumes in 4 districts today
Mobile market trucks are back to its businesses on 10 November in four districts, Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) stated.
Export rice prices slide in October
The prices of rice in the export market slightly decreased in October owing to the coronavirus impacts, as per data of Myanmar Rice Federation (MRF). In October, the export prices of white rice (low quality), broken rice and parboiled rice slipped compared to September’s rate.
Onion price drops by half this year

China likely to import up to 2 mln rice bags by 2021
The rice traders predict that China is likely to grant import of rice up to 2 million bags by 2021 in consideration of growing domestic demand, said U Min Thein, Vice-Chairman of Muse Rice Wholesale Centre.
Black bean price down by K40,000 per tonne on low India’s demand
The price of black bean plunged by K40,000 per tonne on the back of weak demand by India, said U Min Ko Oo, secretary of Myanmar Pulses, Beans and Sesame Seeds Merchants Association (MPBSSMA).