The Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) organized the “Co-creative Event” between relevant government authorities, UMFCCI and Foreign CCIs in Myanmar at the Pan Pacific Hotel on 24th August 2019 to discuss ways and means of enhancing trade and investment in the country.

As part of the upgrade of the Yangon Circular railway, a new locomotive factory is being constructed near the Insein locomotive factory, said U Maung Maung Thwin, the general manager of the Civil Engineering Department.

MUSICAL instrument makers are becoming rarer in Myanmar, and the art of woodturning is slowly declining at Kyarpaing village in Monywa Township of Sagaing Region.

Myanmar exported 1,200 tons of rubber, worth US$1.47 million, to neighbouring China and Thailand through the border checkpoints between 3 and 9 August, according to the Ministry of Commerce.

Myanmar exported about 2 million metric tons of rice and broken rice to foreign countries from 1 October 2018 to 2 August 2019, earning US$ 597.639 million, according to a source from the Myanmar Rice Federation.

In ten months till July in the current fiscal year, a total of 113 enterprises, including four domestic businesses, brought in capitals of US$1.72 billion into the Special Economic Zones (SEZs), according to data released by the Directorate of Investment and Company Administration.