Border trade via ITCs exceeds K47 bln

BORDER trade using individual trading  cards  (ITCs)  reached  K47 billion in the period from 1 October to 21 June in the current fiscal year, with exports totalling K7.6 billion and imports reaching K39.6  billion,  according  to  the  Ministry of Commerce.  
Money Supply

People’s Saving

Myanmar-Bangladesh border trade declines to $23 mln
THE bilateral border trade between Myanmar and Bangladesh reached US$23 million in the period from 1 October to 21 June in the current financial year, which reflects a decline of $1.3 million compared to the corresponding period of the previous fiscal, as per data from the Commerce Ministry.
Myanma Port Authority collecting rent from just two of nine Yangon water bus terminals
Of the nine port terminals of the Yangon Water Bus service, the Myanma Port Authority is collecting rent from just two, said U Bo Soe, the Assistant General Manager of the port authority.
Domestic gold price continues upward trend on firm global cues
With gold surging to US$1,424 per ounce in the global market, the price of the yellow metal in the domestic market touched a high of K1,120,500 per tical (0.578 ounce or, 0.016 kilograms) yesterday, according to the Yangon Gold Entrepreneurs Association.
Bamboo furniture businesses facing difficulties due to bamboo shortage
The current shortage of raw bamboo has sent its price spiralling up in the market, and this is causing problems for weavers producing bamboo chairs, said a bamboo chair weaver from Ohn Chaw village of Patheingyi Township.