Myanmar‘s manufacturing sector has grown at nearly 10% annually since 2013, the World Trade Organization (WTO) reported on Monday. In part, this dynamism is due to the reform of the Myanmar Investment Law in 2016. The main subsectors are food and beverages, and textiles and clothing. Myanmar is
Ngozi Okonjo-Iweala will be the next Director General of the World Trade Organization (WTO) as of March 1. WTO members made history on Monday when the General Council agreed by consensus to select Ngozi Okonjo-Iweala of Nigeria as the organization’s seventh Director-General. When she takes office on March
The peso starts the session with little change compared to Friday’s close, showing an appreciation of 0.04% or 1 cent and trading around 19.94 pesos per dollar, with the exchange rate touching a minimum of 19.8924 and a maximum of 19.9550 pesos. In the foreign exchange market a
General Electric Company’s aviation segment plummeted in 2020 due to market disruptions arising from the Covid-19 pandemic. Thus, for the year ended December 31, 2020, aviation segment orders were down $ 15.1 billion (41% year-over-year), segment revenue was down $ 10.8 billion (33%), and profits fell $ 5.6
Gasoline imports in Mexico plummeted 40% in value terms, to $ 10.263 billion. With this, Mexico registered its second consecutive fall, since in 2019 they contracted 9.9%, at the interannual rate. One of the priorities of the current administration of the Mexican government is to reduce dependence on
Honeywell International reported that it expects capital expenditures of $ 1 billion in 2021. Therefore, if so, the company would maintain an upward trend in this indicator. In 2018, Honeywell International invested 828 million dollars, while in 2019 its investments totaled 839 million dollars. In summary, the company