News

Thai exports to Myanmar shrink by 1.3%, losing 9.6 billion

Myanmar [Burma]
Thailand
Published May 28, 2021

Original content

The University of the Thai Chamber of Commerce reveals 100 days after "Min Aung Lai" revolutionized Myanmar's GDP in the year 64, negative 10%, fearing dragging Thai exports, shrinking 1.3% and losing 9.6 billion. On May 27, 2021, Assoc. Prof. Atpisanwanich, Director of the Center for International Trade Studies. The University of the Thai Chamber of Commerce revealed that the impact of the revolution in Myanmar 100 days after the fourth revolution by Senior General Min Aung Lai (MIN AUNG HLAING) expects the GDP in Myanmar in 2021 to be - 10% to -20% In the first quarter of 2021, Myanmar contracted -2.5%, lost FDI $ 6 billion, there were 6 hundred thousand unemployed people, 3.4 million people without food, and the Kyat depreciated by 18% (24/5/2021). ) And Myanmar's household income dropped 83%, oil prices increased 15%, retail rice prices increased by 35% and bottled palm oil prices increased by 20%, and Myanmar companies that stopped operating were 83% of Myanmar companies. ...
Source: Prachachat
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