The value of the border trade between Myanmar and neighboring Thailand increased slightly to US$1.59 billion as of 28 February in the current fiscal year from $1.54 billion registered in the corresponding period of the previous FY, according to data released by the Commerce Ministry.
The US dollar has been sliding against the Kyat in the local currency market, with the exchange rate dropping to K1,360 per dollar on 6 March, tracking the weak sentiment in the global market amid the coronavirus outbreak, said money exchangers.
A ceremony to mark 2608th anniversary Tabaung Festival of Shwedagon Pagoda was held on the Full Moon Day of Tabaung yesterday, where the influx of Buddhists performed meritorious-deeds from dawn till dusk.
Rakhine religious associations and youths celebrated the traditional sand pagoda festival by building sand replicas of pagodas yesterday, the Full Moon Day of Tabaung, on the Ngapali beach in Thandwe.