With oil prices continuing to fall in the global market on the back of the escalating trade war between US and China, domestic oil prices remained below K1,000 for one litre in the end of May and early June, according to the local oil market.
As the global gold price surged to US$1,306 per ounce on 31 May, domestic gold price reached a high of K1,056,000 per tical (0.578 ounce) in the afternoon of 1 June, according to local gold market.
THE value of border trade from 1 October to 24 May this fiscal year reached US$6.71 billion, recording an increase of $841 million when compared to that in the same period of last year, according to the sta-tistical report of the Ministry of Commerce.
MYANMAR’S imports of raw materials used by CMP (cut-make-pack) businesses has touched US$1.5 billion in near-ly eight months, up by over $250 million compared with the corresponding period of the previous fiscal, according to the Ministry of Commerce.
Opening ceremony for Thilawa Multipurpose international Terminal at Plot No. 25 and 26 in Thilawa, was held Thilawa Multipurpose International Terminal Co., Ltd hall yesterday morning.