Trade deficit shrinks to $700 mln as imports decline

May 9,2019
A fall in imports in the past seven months of the fiscal year has helped narrow Myanmar’s trade deficit to US$700 million, a significant drop from a deficit of $2.4 billion registered in the corresponding period of the 2017-2018 FY, according to data from the Ministry of Commerce.
White jute becomes new export item
May 09
Gum of Sterculia versicolor has been used across the world for some 100 years. In early 20th Century, Sterculia versicolor gum was used on a wider scale due to ingredient of it in tragacanth gum. Sterculia versicolor gum contains usable chemical properties more than tragacanth gum.
Europe Day celebrated in Nay Pyi Taw
May 09
A reception to observe the Europe Day was held at the M Gallery Hotel in Nay Pyi Taw yesterday.
Workshop on tackling disinformation, hate speech in Myanmar, empowering women candidates for 2020 Elections held in Nay Pyi Taw
May 09
A Workshop on tackling disinformation and hate speech in Myanmar: empowering women candidates for 2020 Elections was held, yesterday, at the Grand Amara Hotel, Nay Pyi Taw. Chairman of Union Election Commission (UEC) U Hla Thein delivered an opening remark at the event.
Union Minister receives outgoing Chinese Ambassador
May 09
Dr. Pe Myint, Union Minister for Information, received outgoing Ambassador of the People’s Republic of China, Mr. Hong Liang, at his office yesterday.
Biman plane skids off runway at Yangon Int’l Airport, 19 injured
May 09
A Biman Bangladesh aircraft carrying 29 passengers and 6 crew members skidded off the runway while trying to land in heavy rain and poor visibility at the Yangon International Airport yesterday evening, injuring 19 people on board, including the pilot.
Second Advisory Forum on National Reconciliation and Peace in Myanmar concludes
May 09
The 2nd Advisory Forum on National Reconciliation and Peace in Myanmar, organized by Religions for Peace (RfP), entered its second day at the Thingaha Hotel in Nay Pyi Taw yesterday.