Day: March 26, 2020

Fuel prices continue falling in Myanmar

Fuel prices continue falling in Myanmar

As world oil prices have plunged due to the coronavirus outbreak in January causing a supply glut as the demand slows and Russia and Saudi Arabia are set raise production to grab a greater share of the market and fuel price has decreased by about K400 per litre since the start of 2020. According to […]

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China provides US$6.7 million for 22 projects in Myanmar

China provides US$6.7 million for 22 projects in Myanmar

The Ministry of Foreign Affairs announced on 23 March, 2020, China will provide US$6.78million (K9.45 billion) to Myanmar for 22 projects under the of the Mekong-Lancang cooperation initiative, The Mekong-Lancang Cooperation Special Fund is a cooperation mechanism set up by China that involves Cambodia, Laos, Myanmar, Thailand and Vietnam with the aim of promoting cooperation […]

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