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4 December, 2017 00:00 00 AM
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Myanmar, S Korea trade hits over $400m in H1 of FY 2017-18

XINHUA, YANGON: Trade between Myanmar and South Korea reached 402.2 million US dollars in the first half of the fiscal year 2017-2018, official Global New Light of Myanmar reported yesterday.

The country’s exports to South Korea amounted to over 154.9 million US dollars while imports were 247.2 million US dollars as of September from April.

The country usually imports cosmetic, food and electronic equipment, mobile devices and other goods from South Korea and exports agricultural products including cashew nuts, mangos, rice, beans and pulses.

Bilateral trade between the two nations hit 866 million US dollars in last FY 2016-2017.

Investment in Myanmar from South Korea totaled 3.7 billion US dollars as of October since late 1988, ranking as the sixth largest source of investment in the country, according to the statistics of the Directorate of Investment and Companies Administration.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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