BUSINESS – Trade deficit widens

Burma’s trade deficit has increased over the first two months of the fiscal year and now stands at over US$947 million, according to state-owned Myanmar News Agency, citing a report by the Central Statistical Organisation (CSO). Exports are listed at almost $1.54 billion while imports stand at a total of $2.5 billion. Exports include metal, gems, livestock, fishery and farm products, and timber.