Bilateral trade between Myanmar and Bangladesh from borders stood at US$17.8 million as of 5 July in the current Fiscal Year (FY) 2018-2019, down by $8.544 million or 32.43 per cent, from the corresponding period last 2017-2018 FY, the Ministry of Commerce reported.
More than 110 enterprises, including four domestic businesses, invested US$208 billion in the Special Economic Zones (SEZs), under the Special Economic Zone Law, as of 10 July in the current fiscal year, according to figures released by the Directorate of Investment and Company Administration.
FROM 1 October to 5 July in this fiscal year (FY), the value of border trade reached US$ 8.02 billion, recording an increase of $1.15 billion compared to the same period of last fiscal year, according to the Ministry of Com-merce.
CURRENTLY, the demand for peanuts exceeds supply at the Monywa Wholesale Centre in Sagaing Region, said U Thein Oo, owner of Myanmar Thein Wholesale Shop in Monywa.
Myanmar’s exports of mineral products between 1 October and 5 July in the current financial year totalled US$1.2 billion, a decline of $245.59 million,
Earlier, Myanmar weaving businesses were passed down through generations as family businesses. But now, weaving businesses are surviving on a manageable scale in rural areas, including the Chaungzone Township of Mon State.