Trump arrives in Scotland for talks with UK, EU leaders

US President Donald Trump arrived in Scotland on Friday for a five-day visit. He is scheduled to meet with British Prime Minister Keir Starmer to discuss the trade deal they reached earlier this year.

Trump is expected to remain in Scotland until Tuesday. US media have reported that he will visit golf resorts owned by his family's business. In May, the US and Britain were the first to announce what Trump called a "breakthrough" in tariff negotiations. The two leaders later signed the agreement.

US President Donald Trump arrived in Scotland on Friday for a five-day visit. He is scheduled to meet with British Prime Minister Keir Starmer to discuss the trade deal they reached earlier this year.

Trump is expected to remain in Scotland until Tuesday. US media have reported that he will visit golf resorts owned by his family's business. In May, the US and Britain were the first to announce what Trump called a "breakthrough" in tariff negotiations. The two leaders later signed the agreement.

After arriving in Scotland, Trump said he will meet with European Commission President Ursula von der Leyen on Sunday. He added that there was a "good 50-50 chance" for a trade deal with the EU. Trump is also expected to return to the UK in mid-September as a state guest after receiving an official invitation from King Charles.

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US President Donald Trump arrived in Scotland on Friday for a five-day visit. He is scheduled to meet with British Prime Minister Keir Starmer to discuss the trade deal they reached earlier this year.

Trump is expected to remain in Scotland until Tuesday. US media have reported that he will visit golf resorts owned by his family's business. In May, the US and Britain were the first to announce what Trump called a "breakthrough" in tariff negotiations. The two leaders later signed the agreement.

After arriving in Scotland, Trump said he will meet with European Commission President Ursula von der Leyen on Sunday. He added that there was a "good 50-50 chance" for a trade deal with the EU. Trump is also expected to return to the UK in mid-September as a state guest after receiving an official invitation from King Charles.

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Joint efforts needed for avocado exports to China in Oct
Business news / Business-Local news - Fri, 25-Jul-2025

The head of the Shan State Department of Agriculture also detailed Myanmar’s annual avocado exports, import requirements of key potential markets including China, India, Russia, and Middle East countries, as well as the quality standards Myanmar avocados must meet to align with European benchmarks.

The head of the Shan State Department of Agriculture also detailed Myanmar’s annual avocado exports, import requirements of key potential markets including China, India, Russia, and Middle East countries, as well as the quality standards Myanmar avocados must meet to align with European benchmarks.

The Myanmar Fruits, Flower and Vegetable Producer and Exporter Association (MFVP) stated that all stakeholders in the supply chain need to exert the concerted efforts for avocado export designated to China in October.
On 19 July 2025, the Agriculture Department (southern Shan State) held a workshop for growers on raising awareness of Customs inspection and safety regulations of the General Administration of Customs of the People’s Republic of China (GACC), in cooperation with the Myanmar Avocado Producer and Exporter Association (MAVO).
Farm owners need to cooperate in testing six common insects to export avocados to China, said U Kyaw Soe, secretary of the MAVO.
MAVO’s chair set up a farmer public company, eyeing Singapore, Malaysia and Thailand for avocado export this season. The association will help expedite imports of agricultural inputs such as fertilizer and pesticide, along with member growers.
The head of the Shan State Department of Agriculture also elaborated on annual avocado export, avocado import conditions of potential markets such as China, India, Russia and Middle East countries and Myanmar avocado quality requirements in line with the European Standard.
U Ye Lin Oo, a grower, also discussed plant nutrient management in the presence of growers and business entities. Farm owners also vowed to boost exports. — NN/KK

GNLM

The head of the Shan State Department of Agriculture also detailed Myanmar’s annual avocado exports, import requirements of key potential markets including China, India, Russia, and Middle East countries, as well as the quality standards Myanmar avocados must meet to align with European benchmarks.

The Myanmar Fruits, Flower and Vegetable Producer and Exporter Association (MFVP) stated that all stakeholders in the supply chain need to exert the concerted efforts for avocado export designated to China in October.
On 19 July 2025, the Agriculture Department (southern Shan State) held a workshop for growers on raising awareness of Customs inspection and safety regulations of the General Administration of Customs of the People’s Republic of China (GACC), in cooperation with the Myanmar Avocado Producer and Exporter Association (MAVO).
Farm owners need to cooperate in testing six common insects to export avocados to China, said U Kyaw Soe, secretary of the MAVO.
MAVO’s chair set up a farmer public company, eyeing Singapore, Malaysia and Thailand for avocado export this season. The association will help expedite imports of agricultural inputs such as fertilizer and pesticide, along with member growers.
The head of the Shan State Department of Agriculture also elaborated on annual avocado export, avocado import conditions of potential markets such as China, India, Russia and Middle East countries and Myanmar avocado quality requirements in line with the European Standard.
U Ye Lin Oo, a grower, also discussed plant nutrient management in the presence of growers and business entities. Farm owners also vowed to boost exports. — NN/KK

GNLM

The European Central Bank keeps rates on hold

The European Central Bank (ECB) announced on Thursday that it will keep key interest rates unchanged at its latest rate-setting meeting. The deposit facility rate, through which the central bank steers the monetary policy stance, remains unchanged at two percent. Inflation in the euro area inched up to two percent in June from 1.9 percent in May, according to data released by the statistical office of the European Union.

The European Central Bank (ECB) announced on Thursday that it will keep key interest rates unchanged at its latest rate-setting meeting. The deposit facility rate, through which the central bank steers the monetary policy stance, remains unchanged at two percent. Inflation in the euro area inched up to two percent in June from 1.9 percent in May, according to data released by the statistical office of the European Union.

The ECB said in a statement that domestic price pressures continue to ease and wages grow at a slower pace. As inflation in the euro area hovers around the targeted level of two percent, the ECB reaffirmed that it is determined to make sure the inflation stabilizes in the medium term.

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The European Central Bank (ECB) announced on Thursday that it will keep key interest rates unchanged at its latest rate-setting meeting. The deposit facility rate, through which the central bank steers the monetary policy stance, remains unchanged at two percent. Inflation in the euro area inched up to two percent in June from 1.9 percent in May, according to data released by the statistical office of the European Union.

The ECB said in a statement that domestic price pressures continue to ease and wages grow at a slower pace. As inflation in the euro area hovers around the targeted level of two percent, the ECB reaffirmed that it is determined to make sure the inflation stabilizes in the medium term.

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Syrian-Saudi investment forum announces 47 deals

A Saudi delegation led by Investment Minister Khalid Al-Falih, attended Syrian-Saudi Investment in Damascus on Thursday. In his speech at the forum, the Minister said companies with investments across continents, and which invest worldwide, are eager to invest in Syria in the fields of energy, industry, infrastructure, real estate, financial services, health and more.

A Saudi delegation led by Investment Minister Khalid Al-Falih, attended Syrian-Saudi Investment in Damascus on Thursday. In his speech at the forum, the Minister said companies with investments across continents, and which invest worldwide, are eager to invest in Syria in the fields of energy, industry, infrastructure, real estate, financial services, health and more.

This forum witnessed the signing of 47 agreements and memoranda of understanding worth a total of nearly 24 billion Saudi riyals, covering the fields aforementioned.

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A Saudi delegation led by Investment Minister Khalid Al-Falih, attended Syrian-Saudi Investment in Damascus on Thursday. In his speech at the forum, the Minister said companies with investments across continents, and which invest worldwide, are eager to invest in Syria in the fields of energy, industry, infrastructure, real estate, financial services, health and more.

This forum witnessed the signing of 47 agreements and memoranda of understanding worth a total of nearly 24 billion Saudi riyals, covering the fields aforementioned.

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Fisheries Dept aims to generate $750M from fishery exports
Business news / Business-Local news - Wed, 23-Jul-2025

Department of Fisheries aims to export over 530,000 tonnes of fishery products in the current financial year 2025-2026 and expects to attain US$750 million.
Myanmar conveyed 82,773 tonnes of fishery products in the first quarter (April-June), bagging $119.6 million.
Myanmar is endeavouring to accelerate the productivity of agriculture and livestock sectors, contributing to self-sufficiency and exports. Myanmar conveyed over 550,000 tonnes of fisheries worth $722 million to external markets in the past FY 2024-2025.

Department of Fisheries aims to export over 530,000 tonnes of fishery products in the current financial year 2025-2026 and expects to attain US$750 million.
Myanmar conveyed 82,773 tonnes of fishery products in the first quarter (April-June), bagging $119.6 million.
Myanmar is endeavouring to accelerate the productivity of agriculture and livestock sectors, contributing to self-sufficiency and exports. Myanmar conveyed over 550,000 tonnes of fisheries worth $722 million to external markets in the past FY 2024-2025.
Myanmar steadily exports seafood to 40 countries, including China, Thailand, Bangladesh and Japan, through maritime and border trade channels.  Myanmar Fisheries Federation and Fisheries Department joined hands to bolster fisheries exports.
More than 20 fish species, including hilsa, rohu, catfish, and seabass, are conveyed to foreign markets, according to Myanmar Fisheries Federation. There are over 140 fishery cold storage facilities, and the department is granting annual licence renewals. — NN/KK

GNLM

Department of Fisheries aims to export over 530,000 tonnes of fishery products in the current financial year 2025-2026 and expects to attain US$750 million.
Myanmar conveyed 82,773 tonnes of fishery products in the first quarter (April-June), bagging $119.6 million.
Myanmar is endeavouring to accelerate the productivity of agriculture and livestock sectors, contributing to self-sufficiency and exports. Myanmar conveyed over 550,000 tonnes of fisheries worth $722 million to external markets in the past FY 2024-2025.
Myanmar steadily exports seafood to 40 countries, including China, Thailand, Bangladesh and Japan, through maritime and border trade channels.  Myanmar Fisheries Federation and Fisheries Department joined hands to bolster fisheries exports.
More than 20 fish species, including hilsa, rohu, catfish, and seabass, are conveyed to foreign markets, according to Myanmar Fisheries Federation. There are over 140 fishery cold storage facilities, and the department is granting annual licence renewals. — NN/KK

GNLM

German companies pledge 631 bln euros in investment to boost economic confidence

MORE than 60 of leading German companies, including Siemens and Deutsche Bank, pledged on Monday to invest 631 billion euros (US$735 billion) in the country by 2028 in a joint effort to restore investor confidence, according to the German newspaper Handelsblatt.
The initiative, titled “Made for Germany,” will be formally presented to German Chancellor Friedrich Merz and Finance Minister Lars Klingbeil later on Monday. It includes capital expenditure, research and development spending, and commitments from international investors.

MORE than 60 of leading German companies, including Siemens and Deutsche Bank, pledged on Monday to invest 631 billion euros (US$735 billion) in the country by 2028 in a joint effort to restore investor confidence, according to the German newspaper Handelsblatt.
The initiative, titled “Made for Germany,” will be formally presented to German Chancellor Friedrich Merz and Finance Minister Lars Klingbeil later on Monday. It includes capital expenditure, research and development spending, and commitments from international investors.
The announcement comes as Ger many seeks to reverse sluggish growth and attract private capital, helped in part by a recent overhaul of fiscal rules and the creation of a special fund for infrastructure investment. Germany’s industrial competitiveness has been strained by high energy prices and structural challenges, prompting growing calls for deeper reforms.
“We need political courage for structural change, and bold steps must follow,” Siemens CEO Roland Busch told Handelsblatt. “But we also need companies that believe in Germany as a location and are ready to invest. Both must come together quickly to build momentum.” — Xinhua

GNLM

MORE than 60 of leading German companies, including Siemens and Deutsche Bank, pledged on Monday to invest 631 billion euros (US$735 billion) in the country by 2028 in a joint effort to restore investor confidence, according to the German newspaper Handelsblatt.
The initiative, titled “Made for Germany,” will be formally presented to German Chancellor Friedrich Merz and Finance Minister Lars Klingbeil later on Monday. It includes capital expenditure, research and development spending, and commitments from international investors.
The announcement comes as Ger many seeks to reverse sluggish growth and attract private capital, helped in part by a recent overhaul of fiscal rules and the creation of a special fund for infrastructure investment. Germany’s industrial competitiveness has been strained by high energy prices and structural challenges, prompting growing calls for deeper reforms.
“We need political courage for structural change, and bold steps must follow,” Siemens CEO Roland Busch told Handelsblatt. “But we also need companies that believe in Germany as a location and are ready to invest. Both must come together quickly to build momentum.” — Xinhua

GNLM

China says 'advocates' for trade talks after US-Japan deal

Chinese Foreign Ministry spokesman Guo Jiakun said on Wednesday that China "always advocates" all parties solve economic and trade issues through equal dialogue and consultations, to protect a good environment for international economic and trade cooperation.  Jiakun said at a press after US President Donald Trump announced a "massive" deal with Japan. On Tuesday announcement, Trump said the reciprocal tariffs will be 15 percent.

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Chinese Foreign Ministry spokesman Guo Jiakun said on Wednesday that China "always advocates" all parties solve economic and trade issues through equal dialogue and consultations, to protect a good environment for international economic and trade cooperation.  Jiakun said at a press after US President Donald Trump announced a "massive" deal with Japan. On Tuesday announcement, Trump said the reciprocal tariffs will be 15 percent.

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Chinese Foreign Ministry spokesman Guo Jiakun said on Wednesday that China "always advocates" all parties solve economic and trade issues through equal dialogue and consultations, to protect a good environment for international economic and trade cooperation.  Jiakun said at a press after US President Donald Trump announced a "massive" deal with Japan. On Tuesday announcement, Trump said the reciprocal tariffs will be 15 percent.

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EV brands showcased at Myanmar International Auto Expo at YCC
Business news / Business-Local news - Tue, 22-Jul-2025

Myanmar International Auto Expo was successfully held at Yangon Convention Centre in Mayangon Township, Yangon Region, between 18 and 20 July, featuring a wide array of EV brands and ICE cars.
Buyers can observe brand new cars and enjoy special prices at the expo in addition to lucky draw programmes.
“Petrol-powered cars and nearly 20 EV brands were exhibited. Fully assembled cars in its country of origin (completely built units) and cars imported and assembled in the country under Semi-Knocked Down system are included,” said an organizer.

Myanmar International Auto Expo was successfully held at Yangon Convention Centre in Mayangon Township, Yangon Region, between 18 and 20 July, featuring a wide array of EV brands and ICE cars.
Buyers can observe brand new cars and enjoy special prices at the expo in addition to lucky draw programmes.
“Petrol-powered cars and nearly 20 EV brands were exhibited. Fully assembled cars in its country of origin (completely built units) and cars imported and assembled in the country under Semi-Knocked Down system are included,” said an organizer.
EV chargers and other electrical appliances, food and other products were also showcased.
Aung Kanbo Company also displayed performance of Forthing EVs and battery capacity. — ASH/KK

GNLM

Myanmar International Auto Expo was successfully held at Yangon Convention Centre in Mayangon Township, Yangon Region, between 18 and 20 July, featuring a wide array of EV brands and ICE cars.
Buyers can observe brand new cars and enjoy special prices at the expo in addition to lucky draw programmes.
“Petrol-powered cars and nearly 20 EV brands were exhibited. Fully assembled cars in its country of origin (completely built units) and cars imported and assembled in the country under Semi-Knocked Down system are included,” said an organizer.
EV chargers and other electrical appliances, food and other products were also showcased.
Aung Kanbo Company also displayed performance of Forthing EVs and battery capacity. — ASH/KK

GNLM

China’s railway freight volume reports stable growth in H1

CHINA’S railway freight volume reported stable growth in the first half of 2025, with more efficient network operation and improved services, the national railway operator said Sunday.
The national railway system transported a total of 1.98 billion tonnes of cargo in the period, marking a year-on-year increase of three per cent, according to China State Railway Group Co Ltd. The daily average number of loaded freight cars reached 182,400, up four per cent from the same period last year.

CHINA’S railway freight volume reported stable growth in the first half of 2025, with more efficient network operation and improved services, the national railway operator said Sunday.
The national railway system transported a total of 1.98 billion tonnes of cargo in the period, marking a year-on-year increase of three per cent, according to China State Railway Group Co Ltd. The daily average number of loaded freight cars reached 182,400, up four per cent from the same period last year.
The company said it made full use of the integrated rail network and pushed forward market-oriented reforms in railway freight transport to boost logistics capacity, efficiency and service quality.
During the January-June period, coal transport totalled 1.02 billion tonnes, and the freight volume for metallurgical goods and grain rose 8.6 per cent and 9.8 per cent, respectively. International freight also posted stable performance.
The Central Asia freight train service operated 7,349 trains, a 25 per cent increase from a year ago. The China-Laos Railway transported nearly 3.03 million tonnes of cross-border cargo, up nine per cent. — Xinhua

GNLM

CHINA’S railway freight volume reported stable growth in the first half of 2025, with more efficient network operation and improved services, the national railway operator said Sunday.
The national railway system transported a total of 1.98 billion tonnes of cargo in the period, marking a year-on-year increase of three per cent, according to China State Railway Group Co Ltd. The daily average number of loaded freight cars reached 182,400, up four per cent from the same period last year.
The company said it made full use of the integrated rail network and pushed forward market-oriented reforms in railway freight transport to boost logistics capacity, efficiency and service quality.
During the January-June period, coal transport totalled 1.02 billion tonnes, and the freight volume for metallurgical goods and grain rose 8.6 per cent and 9.8 per cent, respectively. International freight also posted stable performance.
The Central Asia freight train service operated 7,349 trains, a 25 per cent increase from a year ago. The China-Laos Railway transported nearly 3.03 million tonnes of cross-border cargo, up nine per cent. — Xinhua

GNLM

Real estate vlogs attract wide attention
Business news / Business-Local news - Tue, 22-Jul-2025

These days, real estate vlogs have become popular and are attracting much attention, according to sources in the real estate industry.
Rather than an ordinary selling method, vlogging can draw many audiences on online platforms.
“Recently, estate agents have sold properties by making vlogs, especially on TikTok, one of the most used online platforms. Real estate vlogs can give detailed presentations so they can draw viewers,” said an estate agent, Ma Swe Swe.
Some agents make vlogs themselves, and some hire professional vloggers.

These days, real estate vlogs have become popular and are attracting much attention, according to sources in the real estate industry.
Rather than an ordinary selling method, vlogging can draw many audiences on online platforms.
“Recently, estate agents have sold properties by making vlogs, especially on TikTok, one of the most used online platforms. Real estate vlogs can give detailed presentations so they can draw viewers,” said an estate agent, Ma Swe Swe.
Some agents make vlogs themselves, and some hire professional vloggers.
During this Vassa, both buying and selling and renting haven’t stopped, and there are still buyers and tenants who need to find a place to live.
With increased migrants, Yangon’s property market, both buying and selling and renting, has remained on the rise. — MT/ZS/Ed

GNLM

These days, real estate vlogs have become popular and are attracting much attention, according to sources in the real estate industry.
Rather than an ordinary selling method, vlogging can draw many audiences on online platforms.
“Recently, estate agents have sold properties by making vlogs, especially on TikTok, one of the most used online platforms. Real estate vlogs can give detailed presentations so they can draw viewers,” said an estate agent, Ma Swe Swe.
Some agents make vlogs themselves, and some hire professional vloggers.
During this Vassa, both buying and selling and renting haven’t stopped, and there are still buyers and tenants who need to find a place to live.
With increased migrants, Yangon’s property market, both buying and selling and renting, has remained on the rise. — MT/ZS/Ed

GNLM