According to the Military Council, the value of Burma’s foreign trade has dropped by more than $ 7.15 billion compared to last year due to a slowdown in foreign trade since the military coup. According to the Commerce Department, exports of key garments and minerals in …
According to gold traders, the price of a local academy gold kyat fell by about 400,000 kyats in one week and demand fell. On the Yangon Gold Market, the academy gold price hit a record high of 222,000 kyats on September 28, while the world gold …
From the beginning of the fiscal year 2020-2021, one month before the end of the fiscal year, the total foreign investment in Myanmar was only US $ 3.7 billion, and more than US $ 5 billion was needed to reach last year’s foreign investment of more …
As the kyat depreciated and the dollar appreciated, essential medicines rose by 30 percent and IT equipment by 40 percent. After a record high of 2,800 kyat to the US dollar at the end of September, most of the dollar-denominated imports were facing closure. Entrepreneurs are …
