US dollar weakening despite CBM dollar purchase at auction

Aug 28,2020
The US dollar has been sliding against the Kyat in the local currency market. However, the Central Bank of Myanmar (CBM) has been purchasing dollar in the auction market ----
YRIC clears five foreign projects, one domestic proposal in manufacturing sector
Aug 28
The Yangon Region Investment Committee (YRIC) has approved five foreign projects from Japan, Samoa, Seychelles and China, and one domestic enterprise at a videoconference held on 26 August -------
Myanmar safe marine products reach more foreign markets
Aug 27
MYANMAR is exporting more fishes, prawns and other marine products to 40 countries including China, Japan, Korea, Thailand, the US, the Middle East countries and European Union.
Value-added Myanmar snacks planned to penetrate China market
Aug 27
VALUE-added Myanmar snacks with quality packaging are going to export to China market as a potential new export item, according to a notification released by Myanmar Embassy in Beijing, China. 
Myanmar-China Border Trade Drops By $147 Mln As Of 14 August
Aug 26
Myanmar’s border trade with China has registered a decrease of US$147.27 million between 1 October and 14 August in the current financial year 2019-2020, according to the Ministry of Commerce.
Assets Of 2 Runaway Garment Factory Owners To Be Auctioned
Aug 26
The two garment factories whose owners fled without paying salaries to the workers will be put out to bid, according to a relevant tender committee of Yangon Region government.
Kachin State Starts Selling Applications For 286 Manageable-Scale Jade Mining Blocks
Aug 25
Applications for 286 artisanal and manageable-scale jade mining blocks in Phakant, Kachin State are available at One-Stop Service centre in the office complex of the state starting from 24 August --------