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NEWS UPDATES Asean Affairs   January 16, 2019  

Myanmar suffers trade deficit of over 900 mln USD in over three months

 Myanmar suffered 981.6 million US dollars of trade deficit as of Jan. 4 in present fiscal year 2018-2019 which started in October, according to the figures from the Commerce Ministry on Saturday.

The total trade deficit showed slight decrease compared to the same period in last fiscal year 2017-2018 when it showed over 1.2 billion US dollars.

From Oct. 1, 2018 to Jan. 4 this year, the country's total foreign trade reached 8.43 billion US dollars, with 3.72 billion US dollars export and 4.7 billion US dollars import.

The country's foreign trade deficit totalled 3.97 billion US dollars in last fiscal year 2017-2018.

The trade authorities are exerting efforts to boost the country's exports as well as to reduce the imported luxury commodities to decrease the trade deficit.

The country mainly exports agricultural products, animal products, fisheries, minerals, forest products, finished industrial goods to foreign countries while capital goods, intermediate goods and consumer goods are imported into the country.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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