Myanmar's sea trade registers over US$10bil in 5 months

Myanmar, Sea Trade, Big Money

Myanmar's sea trade registers over US$10bil in 5 months

Myanmar, Sea Trade

22.2.2020

Myanmar 's sea trade registers over US$10bil in 5 months

YANGON: Myanmar 's trade through sea routes registered over US$10.4bil in the first five months of the present fiscal year (FY) 2019-2020, which started in October, according to figures released by the Commerce Ministry on Saturday (Feb 22).

The country fetched over US$4.14bil from maritime export while its import shared over US$6.33bil as of Feb 14 this FY. This fiscal year's sea trade saw a significant increase by over US$1.58bil, compared to the same period of the last fiscal year 2018-2019, the ministry's figures showed. Approximately 80% of Myanmar's foreign trade is done through sea-borne trade and its border trade is conducted with neighbouring countries -- China, Thailand, India and Bangladesh, respectively. From Oc. 1, 2019 to Feb. 14 of this FY, the country's foreign trade totalled over US$14.5bil with over US$6.76bil in export and US7.77bil in import. Myanmar mainly exports agricultural products, animal products, marine products, minerals, forest products, manufacturing goods and others to foreign trade partner countries while capital goods, intermediate goods and consumer goods are imported. - Xinhua/Asian News Network Article type: free Read more: The Star

Morgan Stanley to buy E*Trade Financial in US$13b deal | Malay MailNEW YORK, Feb 20 — Morgan Stanley said today it would buy discount brokerage E*Trade Financial Corp in an all-stock deal worth about US$13 billion (RM54.3 billion), the biggest deal by a Wall Street bank since the financial crisis. The deal will help Morgan Stanley boost its wealth management...

China suspends more penalties on US goods after trade truceBEIJING (AP): China on Friday (Feb 21) suspended more punitive tariffs on imports of US industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.

U.S. will host 5G conference including companies in about a month -KudlowWASHINGTON: The United States will host a conference in about a month on 5G that U.S. President Donald Trump will attend and that will include companies such as Samsung Electronics Co Ltd, National Economic Council Director Larry Kudlow told reporters on Friday.

Morgan Stanley to get US$375mil termination fee if E*Trade walks away from dealNEW YORK: Morgan Stanley will receive a $375 million breakup fee if E*Trade Financial Corp walks away from its $13 billion deal for the discount brokerage, the U.S. bank said on Friday.

Fifa probe Myanmar match-fixing allegations Myanmar is said to have deliberately thrown a 2022 World Cup qualifier match by losing 7-0 to Kyrgyzstan. FMTNews

Myanmar’s most isolated pray for harvest | Malay MailSATPALAW SHAUNG ( Myanmar ), Feb 19 — A haunting refrain pierces the night as the tribeswomen of the Gongwang Bonyo, among the most isolated people in Myanmar , dance around a campfire to bless the harvest ahead. The group are part of the Naga, a blanket term for dozens of tribes each with their own... Gotta stop chasing out Rohingyas bro



18 doctors die of Covid-19 in Indonesia

PKP: Seronok berparti ya?

Hana dan PU Abu sudah berpisah

'Allah ganti sedih saya dengan berita gembira'

Tak serik-serik...

Seorang positif Covid-19 boleh jangkiti 37 individu lain

Isu Internet perlahan ketika PKP bakal diatasi

Write Comment

Thank you for your comment.
Please try again later.

Latest News

News

22 February 2020, Saturday News

Previous news

Marzuki: Pressuring Dr M on transition date could affect economy, growth

Next news

Satisfied with Harapan decision, PAS to drop motion of confidence for Dr M
274 pelajar bebas Covid-19 Kurangkan risiko dijangkiti Covid-19 Ministry grants Heineken permission to operate during MCO Jangan sampai merana... Macam mana agaknya pengalaman jumpa Izrail Lelaki maki hamun penguatkuasa MBPP ditahan On the brighter side of empty streets Covid-19: 179 new cases, death toll now at 61 (updated) Bersatu Youth up in arms over beer factory operating during MCO Report: PN gov't asked exec who spoke up on 1MDB to leave MPOB 'Italy cluster' resulted in 5 deaths Minum arak je....
18 doctors die of Covid-19 in Indonesia PKP: Seronok berparti ya? Hana dan PU Abu sudah berpisah 'Allah ganti sedih saya dengan berita gembira' Tak serik-serik... Seorang positif Covid-19 boleh jangkiti 37 individu lain Isu Internet perlahan ketika PKP bakal diatasi Khidmat makanan bawa pulang IKEA Tebrau tutup Khemah terbang jejas Op Covid-19 'RM50,000 habis dalam empat hari' - Man Raja Lawak Solat tahajud anugerah terindah Perlu RM900,000 sebulan