57 international container ships to call at Yangon ports in June

A total of 57 container ships from 15 international container shipping lines will dock at five international ports in Yangon Port and two ports in Thilawa Terminal in June, according to the Myanma Port Authority.

A total of 10 ships from Sealand Maersk Asia, four ships from New Golden Sea (COSCO) line, eight from Samudera Shipping Line, five ships from MSC line, four ships from SITC, two from BLPL line, two from the Eve Green line, three from the IAL line, two from the PIL line, six from the RCL line, four from Ti2 Container line, one from Bay Line, two from the Land & Sea line and one from the CMA-CGM line, totalling 57 vessels will arrive at the port in June.

The ports in Yangon are operated in two parts with the export and import purposes. In export, the Myanma Port Authority allows entry with the necessary documents, and the Customs Department inspects the goods and then exports the goods.

Source: The Global New Light of Myanmar

Air KBZ introduces YangonLoikaw-Yangon direct flight

Air KBZ stated that it has introduced direct flights between Yangon and Loikaw.
The Yangon-Loikaw-Yangon direct flight started on 4 June.  It departed from Yangon at 7:30 am, arrived in Loikaw at 8:35 am, left Loikaw again at 8:55 am, and landed in Yangon at 10 am.
The flight ticket for this trip is K176,000, and there are flights on Wednesdays and Sundays.
Air KBZ also operates 11 flights for passengers such as Yangon, Mandalay, Hehoe, Tachilek, Thandwe, Kawthoung, NyaungU, Lashio, Nay Pyi Taw, Khamti, and Kalay.

Source: The Global New Light of Myanmar

China Border

When applying for an import license from the Chinese border, You must present the account balance (RMB) purchased from a local bank

When applying for an import license from the Chinese border, either from export earnings or The Foreign Exchange Supervisory Committee has decided that the balance of the account (RMB) purchased from a local bank must be presented.

whether by sea or Obtaining a license for goods to be imported from the border or from abroad and paying from local banks or To allow payment only through the bank transfer system, either from export earnings or by purchase. When applying for an import license from the Chinese border, either from export earnings or It was decided in the meeting number (41/2023) of the Foreign Exchange Supervisory Committee to submit a bank statement showing the balance of the account (RMB) purchased from a local bank.

In the third quarter of the fiscal year 2022-2023, the five countries that imported the most imports to Myanmar were China, Singapore Thailand According to the Central Statistics Association, Malaysia and Indonesia are in the same order.

In the third quarter of the fiscal year 2022-2023, among the five countries that imported the most goods to Myanmar, China accounted for $1,537.89 million; Singapore $1,147.21 million; Thailand 543.13 million dollars; Malaysia, $237.11 million; Indonesia ranks first with $229.908 million.

In the fiscal year 2020-2021, China is among the 10 countries that import the most imports to Myanmar, more than 4647 million dollars. According to the Ministry of Economy and Commerce, Singapore has more than 2604 million dollars and Thailand has more than 1980 million dollars.

From October to the end of September in the fiscal year 2020-2021, the countries that imported the most goods to Myanmar were China, Singapore Thailand Indonesia, Malaysia, India South Korea Vietnam Japan and the United States.

In the fiscal year 2020-2021, the largest import to Myanmar was from China with 4647.10 million dollars, from Singapore with 2604.22 million dollars. 1980.89 million dollars from Thailand; 1164.51 million from Indonesia; 787.34 million dollars from Malaysia, 386.54 million dollars from India. $376.85 million from South Korea; 58 million from Vietnam; According to the Ministry of Economy and Commerce, 352.46 million dollars were imported from Japan and 227.32 million dollars from the United States.

Source: Daily Eleven