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and Thailand.
AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19 May 28, 2021. 0. 1. Following the report of COVID-19 cases, local airlines announced the suspension of domestic flight schedules from May 29 to June 8, 2021. “As per the recently released restricted movement order guideline by Local Authorities to prevent the continuous spread of the COVID-19, MAI & Air KBZ will temporarilysuspend its Kalay
MYANMAR E-COMMERCE CURRENT SCENARIO Written by Rajan Acharya There was a time in Myanmar around 2002 the internet was only available in selected major cities costing K 500-1500 for 1 hour the connection is normally slow and often interrupts. Those painful days are in the past, now the internet is easily accessible through the p MYANMAR AND INDIA TO BOOST COLLABORATION IN TRADE 673. U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest. He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture,textile
BUDGET FOR HUMAN RESOURCE DEVELOPMENT IN PUBLIC HEALTH အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်သည် The government budget for the human resource development public health sector is allocated K98 billion for the 2020-21 fiscal year, which represents K43 billion increase, according to Dr. Myint Htwe, Union Minister of the Ministry of Health and Sports. SINGAPORE FIRM SECURES 230MW MYANMAR POWER PLANT FINANCING Singapore-based Asiatech Energy last week signed an agreement to secure financing to build a combined cycle gas-fired power plant in Myanmar’s southeastern Mon state, the company said.Asiatech Energy was commissioned to construct the 230-megawatt (MW) power plant in Mawlamyaing in Mon stat AMERICAN FIRM FORMS $200-M MYANMAR JV American Firm Forms $200-m Myanmar JV. Myanmar-based conglomerate Young Investment Group (YIG) has signed a joint venture agreement with American engineering, procurement and construction firm Holloman Corp to set up Young Holloman Corp in Myanmar, the companies said. The two firms have jointly invested $200 million in the joint venture entity RAKHINE STATE CALLS FOR MORE PROPOSALS ON PLANNED The Rakhine State Government has called for more proposals for an industrial zone project in Ponna Kyun. It started selling K10,000 proposal forms on December 18 and the deadline for submission is January 17. The state government has received one proposal, from a local company, Pyaywachanthar, for a 1,800-acre industrial zone,whereas the state
UPS EXPANDS MYANMAR SERVICES By Myanmar Business Today. June 1, 2015. 0. 2433. United Parcel Service (UPS) Inc announced an expanded portfolio of services in Myanmar, introducing express delivery and contract logistics services on top of its air and ocean freight services launched in August last year. With UPS’ new move, businesses in Myanmar will be able to usethe
CB BANK LAUNCHES MOBILE BANKING By Myanmar Business Today. January 6, 2014. 0. 202. Local private bank Cooperative Bank (CB) has launched its mobile banking service in the country, its top official said. “Banking transactions such as remittance, payment and issuing cheques can be done with mobile phone,” U Kyaw Lin, executive vice chairman of CB Bank, said. MYANMAR BUSINESS TODAY Myanmar Business Today (MBT) is Myanmar’s largest circulating business publication. It is Myanmar's first and the only bilingual (English-Myanmar) business newspaper, and is distributed in Myanmarand Thailand.
AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19 May 28, 2021. 0. 1. Following the report of COVID-19 cases, local airlines announced the suspension of domestic flight schedules from May 29 to June 8, 2021. “As per the recently released restricted movement order guideline by Local Authorities to prevent the continuous spread of the COVID-19, MAI & Air KBZ will temporarilysuspend its Kalay
MYANMAR E-COMMERCE CURRENT SCENARIO Written by Rajan Acharya There was a time in Myanmar around 2002 the internet was only available in selected major cities costing K 500-1500 for 1 hour the connection is normally slow and often interrupts. Those painful days are in the past, now the internet is easily accessible through the p MYANMAR AND INDIA TO BOOST COLLABORATION IN TRADE 673. U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest. He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture,textile
BUDGET FOR HUMAN RESOURCE DEVELOPMENT IN PUBLIC HEALTH အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်သည် The government budget for the human resource development public health sector is allocated K98 billion for the 2020-21 fiscal year, which represents K43 billion increase, according to Dr. Myint Htwe, Union Minister of the Ministry of Health and Sports. SINGAPORE FIRM SECURES 230MW MYANMAR POWER PLANT FINANCING Singapore-based Asiatech Energy last week signed an agreement to secure financing to build a combined cycle gas-fired power plant in Myanmar’s southeastern Mon state, the company said.Asiatech Energy was commissioned to construct the 230-megawatt (MW) power plant in Mawlamyaing in Mon stat AMERICAN FIRM FORMS $200-M MYANMAR JV American Firm Forms $200-m Myanmar JV. Myanmar-based conglomerate Young Investment Group (YIG) has signed a joint venture agreement with American engineering, procurement and construction firm Holloman Corp to set up Young Holloman Corp in Myanmar, the companies said. The two firms have jointly invested $200 million in the joint venture entity RAKHINE STATE CALLS FOR MORE PROPOSALS ON PLANNED The Rakhine State Government has called for more proposals for an industrial zone project in Ponna Kyun. It started selling K10,000 proposal forms on December 18 and the deadline for submission is January 17. The state government has received one proposal, from a local company, Pyaywachanthar, for a 1,800-acre industrial zone,whereas the state
UPS EXPANDS MYANMAR SERVICES By Myanmar Business Today. June 1, 2015. 0. 2433. United Parcel Service (UPS) Inc announced an expanded portfolio of services in Myanmar, introducing express delivery and contract logistics services on top of its air and ocean freight services launched in August last year. With UPS’ new move, businesses in Myanmar will be able to usethe
CB BANK LAUNCHES MOBILE BANKING By Myanmar Business Today. January 6, 2014. 0. 202. Local private bank Cooperative Bank (CB) has launched its mobile banking service in the country, its top official said. “Banking transactions such as remittance, payment and issuing cheques can be done with mobile phone,” U Kyaw Lin, executive vice chairman of CB Bank, said. AGRI-INPUT PRICE HIKE MIGHT IMPACT CROP YIELDS IN MYANMAR As the Agri-input prices have increased compared to the previous years, farmers in Myanmar worry that it will impact crop yields. “Fertilizer prices are on the rise. This year, we can’t buy the fertilizers on credit unlike previous years,” U Win Nyunt, a farmer in Magway Region, said. The G7 AGREES ON GLOBAL MINIMUM TAX RATE OF AT LEAST 15 PCT WASHINGTON, June 5 (Xinhua) -- The Group of Seven (G7) industrialized nations have agreed to support new rules that will achieve a global minimum tax rate of at least 15 percent, U.S. Treasury Secretary Janet Yellen said Saturday. Calling it a "significant, unprecedented"commitment, Y
DOMESTIC TOURISM: WHERE TO BEGIN POST-COVID TOURISM IN အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The COVID-19 pandemic has put Myanmar's underdeveloped tourism industry into a halt as it has done to the global tourism industry. Now, the country is preparing to revive the sector by developing the BITCOIN, MYANMAR AND THE FUTURE OF MONEY Bitcoin can reduce these remittance fees to practically zero. Businesses looking to invest in Myanmar can efficiently transfer money into and out of the country to pay for supplies, equipment and stock. Farmers can use Bitcoin to buy fertilisers at competitive global prices, cutting out the middleman and increasing their margins. CBM ALLOWS INTERBANK MONEY MARKET TRANSACTIONS The Central Bank of Myanmar has legalized interbank money market transactions in a bid to boost development of the banking and finance industry. Under the CBM’s directive, banks can carry out activities such as interbank lending, interbank savings and interbank trading ingovernment secur
YANGON BUILDING PERMIT SYSTEM RECEIVES 1,000 APPLICATIONS The Yangon City Development Committee (YCDC) has received over 1,000 building permit applications through the Yangon Building Permit System (YBPS), a fully automated system making all processes related to building permits including inspection requests completely online, significantly improving processing times, in just five months ofoperations.
CB BANK LAUNCHES MOBILE BANKING Local private bank Cooperative Bank (CB) has launched its mobile banking service in the country, its top official said. “Banking transactions such as remittance, payment and issuing cheques can be done with mobile phone,” U Kyaw Lin, executive vice chairman of CBBank, said. He said
DO MICROFINANCE TO PROVIDE K150 BILLION IN LOANS OVER NEXT DO Microfinance, a joint venture between local company OKM and Japan-based DAIWA PI Partners, plans to provide K150 billion in loans to 130,000 customers over the next five years. The company has provided K1.7 billion in micro loans to 8,000 MYANMAR FINALLY TO ESTABLISH A PENSION FUND အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The government of Myanmar will establish a pension fund instead of using the state budget, according to Dr. War War Maung, Director General of Pension Department. Although most countries have established the pension fund, also known as a superannuation fund, EFR AND AYEYAR HINTHAR FORM A JV TO DEVELOP AN INDUSTRIAL Unison Choice Services Limited under Ever Flow River Group Public Co., Ltd (FER) and Ayeyar Hinthar Holdings Co., Ltd (AHH) have entered a partnership to form a joint venture called “A Logistics Co., Ltd”, which will develop and operate Ayeyarwaddy International Industrial Port, which is an essential project for Pathein Industrial Park in MYANMAR BUSINESS TODAY Myanmar Business Today (MBT) is Myanmar’s largest circulating business publication. It is Myanmar's first and the only bilingual (English-Myanmar) business newspaper, and is distributed in Myanmarand Thailand.
AGRI-INPUT PRICE HIKE MIGHT IMPACT CROP YIELDS IN MYANMAR 1 day ago · As the Agri-input prices have increased compared to the previous years, farmers in Myanmar worry that it will impact crop yields. “Fertilizer prices are on the rise. This year, we can’t buy the fertilizers on credit unlike previous years,” U Win Nyunt, a farmer in Magway Region, said. The AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19 May 28, 2021. 0. 1. Following the report of COVID-19 cases, local airlines announced the suspension of domestic flight schedules from May 29 to June 8, 2021. “As per the recently released restricted movement order guideline by Local Authorities to prevent the continuous spread of the COVID-19, MAI & Air KBZ will temporarilysuspend its Kalay
THE QUINCEAÑERA, REDEFINED The Quinceañera, Redefined. Jayla Sheffield, center, with friends at her “quincenegra” in Pomona, Calif., Oct. 12, 2019. For Jayla, her quinceañera was an occasion to celebrate blackness and black womanhood, as the traditional rite of passage has become more of a celebration of identity around the United States. (June Canedo/The NewYork
MYANMAR AND INDIA TO BOOST COLLABORATION IN TRADE 673. U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest. He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture,textile
CENTRAL BANK TO SELL $1.6 MILLION THROUGH MONEY CHANGERS After the dollar rate drastically surged from around K1,300 per dollar before February to K1,720 within just over three months, the Central Bank of Myanmar is planning to sell $1.6 million through money changers on May 13, according to local money changers. "We are to buydollars from the c
BITCOIN, MYANMAR AND THE FUTURE OF MONEY Bitcoin can reduce these remittance fees to practically zero. Businesses looking to invest in Myanmar can efficiently transfer money into and out of the country to pay for supplies, equipment and stock. Farmers can use Bitcoin to buy fertilisers at competitive global prices, cutting out the middleman and increasing their margins. AMERICAN FIRM FORMS $200-M MYANMAR JV American Firm Forms $200-m Myanmar JV. Myanmar-based conglomerate Young Investment Group (YIG) has signed a joint venture agreement with American engineering, procurement and construction firm Holloman Corp to set up Young Holloman Corp in Myanmar, the companies said. The two firms have jointly invested $200 million in the joint venture entity WASTE-FIRED POWER PLANTS FACE DELAY Waste-fired Power Plants Face Delay. By Myanmar Business Today. June 20, 2014. 0. 81. Delays are expected in construction of two waste-fired power plants in Yangon as import permits from the Myanmar Investment Commission (MIC) for the required machinery have not been forthcoming. Yangon City Development Company (YCDC), Chosun Korea Coand Zeya
UPS EXPANDS MYANMAR SERVICES By Myanmar Business Today. June 1, 2015. 0. 2433. United Parcel Service (UPS) Inc announced an expanded portfolio of services in Myanmar, introducing express delivery and contract logistics services on top of its air and ocean freight services launched in August last year. With UPS’ new move, businesses in Myanmar will be able to usethe
MYANMAR BUSINESS TODAY Myanmar Business Today (MBT) is Myanmar’s largest circulating business publication. It is Myanmar's first and the only bilingual (English-Myanmar) business newspaper, and is distributed in Myanmarand Thailand.
AGRI-INPUT PRICE HIKE MIGHT IMPACT CROP YIELDS IN MYANMAR 1 day ago · As the Agri-input prices have increased compared to the previous years, farmers in Myanmar worry that it will impact crop yields. “Fertilizer prices are on the rise. This year, we can’t buy the fertilizers on credit unlike previous years,” U Win Nyunt, a farmer in Magway Region, said. The AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19 May 28, 2021. 0. 1. Following the report of COVID-19 cases, local airlines announced the suspension of domestic flight schedules from May 29 to June 8, 2021. “As per the recently released restricted movement order guideline by Local Authorities to prevent the continuous spread of the COVID-19, MAI & Air KBZ will temporarilysuspend its Kalay
THE QUINCEAÑERA, REDEFINED The Quinceañera, Redefined. Jayla Sheffield, center, with friends at her “quincenegra” in Pomona, Calif., Oct. 12, 2019. For Jayla, her quinceañera was an occasion to celebrate blackness and black womanhood, as the traditional rite of passage has become more of a celebration of identity around the United States. (June Canedo/The NewYork
MYANMAR AND INDIA TO BOOST COLLABORATION IN TRADE 673. U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest. He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture,textile
CENTRAL BANK TO SELL $1.6 MILLION THROUGH MONEY CHANGERS After the dollar rate drastically surged from around K1,300 per dollar before February to K1,720 within just over three months, the Central Bank of Myanmar is planning to sell $1.6 million through money changers on May 13, according to local money changers. "We are to buydollars from the c
BITCOIN, MYANMAR AND THE FUTURE OF MONEY Bitcoin can reduce these remittance fees to practically zero. Businesses looking to invest in Myanmar can efficiently transfer money into and out of the country to pay for supplies, equipment and stock. Farmers can use Bitcoin to buy fertilisers at competitive global prices, cutting out the middleman and increasing their margins. AMERICAN FIRM FORMS $200-M MYANMAR JV American Firm Forms $200-m Myanmar JV. Myanmar-based conglomerate Young Investment Group (YIG) has signed a joint venture agreement with American engineering, procurement and construction firm Holloman Corp to set up Young Holloman Corp in Myanmar, the companies said. The two firms have jointly invested $200 million in the joint venture entity WASTE-FIRED POWER PLANTS FACE DELAY Waste-fired Power Plants Face Delay. By Myanmar Business Today. June 20, 2014. 0. 81. Delays are expected in construction of two waste-fired power plants in Yangon as import permits from the Myanmar Investment Commission (MIC) for the required machinery have not been forthcoming. Yangon City Development Company (YCDC), Chosun Korea Coand Zeya
UPS EXPANDS MYANMAR SERVICES By Myanmar Business Today. June 1, 2015. 0. 2433. United Parcel Service (UPS) Inc announced an expanded portfolio of services in Myanmar, introducing express delivery and contract logistics services on top of its air and ocean freight services launched in August last year. With UPS’ new move, businesses in Myanmar will be able to usethe
AGRI-INPUT PRICE HIKE MIGHT IMPACT CROP YIELDS IN MYANMAR 1 day ago · As the Agri-input prices have increased compared to the previous years, farmers in Myanmar worry that it will impact crop yields. "Fertilizer prices are on the rise. This year, we can't buy the fertilizers on credit unlike previous years," U Win Nyunt, a farmer in Magway Region, s WORLD BANK, IMF URGE ACTION ON COVID-19 VACCINE ACCESS The World Bank Group and the IMF call on countries anticipating excess vaccine supplies in the coming months to release their surplus doses and options "as soon as possible," in a transparent manner, to developing countries "with adequate distribution plans in place," theysa
BITCOIN, MYANMAR AND THE FUTURE OF MONEY Bitcoin can reduce these remittance fees to practically zero. Businesses looking to invest in Myanmar can efficiently transfer money into and out of the country to pay for supplies, equipment and stock. Farmers can use Bitcoin to buy fertilisers at competitive global prices, cutting out the middleman and increasing their margins. MYANMAR E-COMMERCE CURRENT SCENARIO Written by Rajan Acharya There was a time in Myanmar around 2002 the internet was only available in selected major cities costing K 500-1500 for 1 hour the connection is normally slow and often interrupts. Those painful days are in the past, now the internet is easily accessible through the p AEON POSTPONES SHOPPING MALL PROJECT IN MYANMAR Major Japanese retailer Aeon has decided to postpone its $180 million shopping mall project in Myanmar due to the political turmoil in the country, according to NHK reports. Aeon planned to start the construction process this year and expected to CBM ALLOWS INTERBANK MONEY MARKET TRANSACTIONS The Central Bank of Myanmar has legalized interbank money market transactions in a bid to boost development of the banking and finance industry. Under the CBM’s directive, banks can carry out activities such as interbank lending, interbank savings and interbank trading ingovernment secur
MYANMAR FOREIGN TRADE IN GOOD SHAPE THANKS TO DEMANDS FOR အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Despite the pandemic which has caused disturbances in trade flow, Myanmar foreign trade is in the good shape thanks to the healthy demands for agricultural products, according to the Ministry of Investments and ForeignEconomic Relations.
TRANSPORT AND RELIEF FLIGHTS ALLOWED TO LAND IN MYANMAR အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Myanmar has further extended the effective period of temporary restrictions for all airlines operating international air services to and from Yangon International Airport until May 31, 2020, in order to continue DO MICROFINANCE TO PROVIDE K150 BILLION IN LOANS OVER NEXT DO Microfinance, a joint venture between local company OKM and Japan-based DAIWA PI Partners, plans to provide K150 billion in loans to 130,000 customers over the next five years. The company has provided K1.7 billion in micro loans to 8,000 WASTE-FIRED POWER PLANTS FACE DELAY Waste-fired Power Plants Face Delay. By Myanmar Business Today. June 20, 2014. 0. 81. Delays are expected in construction of two waste-fired power plants in Yangon as import permits from the Myanmar Investment Commission (MIC) for the required machinery have not been forthcoming. Yangon City Development Company (YCDC), Chosun Korea Coand Zeya
MYANMAR BUSINESS TODAY Myanmar Business Today (MBT) is Myanmar’s largest circulating business publication. It is Myanmar's first and the only bilingual (English-Myanmar) business newspaper, and is distributed in Myanmarand Thailand.
AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19 May 28, 2021. 0. 1. Following the report of COVID-19 cases, local airlines announced the suspension of domestic flight schedules from May 29 to June 8, 2021. “As per the recently released restricted movement order guideline by Local Authorities to prevent the continuous spread of the COVID-19, MAI & Air KBZ will temporarilysuspend its Kalay
MYANMAR AND INDIA TO BOOST COLLABORATION IN TRADE 673. U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest. He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture,textile
MYANMAR FOREIGN TRADE IN GOOD SHAPE THANKS TO DEMANDS FOR အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Despite the pandemic which has caused disturbances in trade flow, Myanmar foreign trade is in the good shape thanks to the healthy demands for agricultural products, according to the Ministry of Investments and ForeignEconomic Relations.
YOMA STRATEGIC WINS BEST DEVELOPER AWARD IN MYANMAR Singapore-based Yoma Strategic Holdings Ltd has won the “Best Developer” award at the inaugural Myanmar Property Awards held in Yangon. The company’s flagship project “Star City Thanlyin” also won the “Best Landscape Architecture” award and SOUEAST A5 MAKES MYANMAR DEBUT Soueast A5 Makes Myanmar Debut. Authorized Soueast dealer Dagon Arr Mahn Thit introduced the Soueast A5 sedan at a launch event on January 5. Equipped with 1499 cc engine power and 120 HP engine output, the A5 is priced at K25.5 million (before tax). It comes with a CVT gear box, 16-inch alloy wheels and 2,655 mm wheelbase. WASTE-FIRED POWER PLANTS FACE DELAY Waste-fired Power Plants Face Delay. By Myanmar Business Today. June 20, 2014. 0. 81. Delays are expected in construction of two waste-fired power plants in Yangon as import permits from the Myanmar Investment Commission (MIC) for the required machinery have not been forthcoming. Yangon City Development Company (YCDC), Chosun Korea Coand Zeya
CB BANK LAUNCHES MOBILE BANKING By Myanmar Business Today. January 6, 2014. 0. 202. Local private bank Cooperative Bank (CB) has launched its mobile banking service in the country, its top official said. “Banking transactions such as remittance, payment and issuing cheques can be done with mobile phone,” U Kyaw Lin, executive vice chairman of CB Bank, said. UPS EXPANDS MYANMAR SERVICES By Myanmar Business Today. June 1, 2015. 0. 2433. United Parcel Service (UPS) Inc announced an expanded portfolio of services in Myanmar, introducing express delivery and contract logistics services on top of its air and ocean freight services launched in August last year. With UPS’ new move, businesses in Myanmar will be able to usethe
KOREA’S CJ CGV LAUNCHES INTO MYANMAR MULTIPLEX SCENE December 29, 2014. 0. 131. South Korea’s largest multiplex cinema chain CJ CGV has established its footprint in Myanmar’s multiplex circuit by opening Junction Cineplex in Yangon. The company said that following Myanmar government’s approval it has formed a joint venture with local property conglomerate Shwe Taung Development to runthe
MYANMAR BUSINESS TODAY Myanmar Business Today (MBT) is Myanmar’s largest circulating business publication. It is Myanmar's first and the only bilingual (English-Myanmar) business newspaper, and is distributed in Myanmarand Thailand.
AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19 May 28, 2021. 0. 1. Following the report of COVID-19 cases, local airlines announced the suspension of domestic flight schedules from May 29 to June 8, 2021. “As per the recently released restricted movement order guideline by Local Authorities to prevent the continuous spread of the COVID-19, MAI & Air KBZ will temporarilysuspend its Kalay
MYANMAR AND INDIA TO BOOST COLLABORATION IN TRADE 673. U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest. He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture,textile
MYANMAR FOREIGN TRADE IN GOOD SHAPE THANKS TO DEMANDS FOR အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Despite the pandemic which has caused disturbances in trade flow, Myanmar foreign trade is in the good shape thanks to the healthy demands for agricultural products, according to the Ministry of Investments and ForeignEconomic Relations.
YOMA STRATEGIC WINS BEST DEVELOPER AWARD IN MYANMAR Singapore-based Yoma Strategic Holdings Ltd has won the “Best Developer” award at the inaugural Myanmar Property Awards held in Yangon. The company’s flagship project “Star City Thanlyin” also won the “Best Landscape Architecture” award and SOUEAST A5 MAKES MYANMAR DEBUT Soueast A5 Makes Myanmar Debut. Authorized Soueast dealer Dagon Arr Mahn Thit introduced the Soueast A5 sedan at a launch event on January 5. Equipped with 1499 cc engine power and 120 HP engine output, the A5 is priced at K25.5 million (before tax). It comes with a CVT gear box, 16-inch alloy wheels and 2,655 mm wheelbase. WASTE-FIRED POWER PLANTS FACE DELAY Waste-fired Power Plants Face Delay. By Myanmar Business Today. June 20, 2014. 0. 81. Delays are expected in construction of two waste-fired power plants in Yangon as import permits from the Myanmar Investment Commission (MIC) for the required machinery have not been forthcoming. Yangon City Development Company (YCDC), Chosun Korea Coand Zeya
CB BANK LAUNCHES MOBILE BANKING By Myanmar Business Today. January 6, 2014. 0. 202. Local private bank Cooperative Bank (CB) has launched its mobile banking service in the country, its top official said. “Banking transactions such as remittance, payment and issuing cheques can be done with mobile phone,” U Kyaw Lin, executive vice chairman of CB Bank, said. UPS EXPANDS MYANMAR SERVICES By Myanmar Business Today. June 1, 2015. 0. 2433. United Parcel Service (UPS) Inc announced an expanded portfolio of services in Myanmar, introducing express delivery and contract logistics services on top of its air and ocean freight services launched in August last year. With UPS’ new move, businesses in Myanmar will be able to usethe
KOREA’S CJ CGV LAUNCHES INTO MYANMAR MULTIPLEX SCENE December 29, 2014. 0. 131. South Korea’s largest multiplex cinema chain CJ CGV has established its footprint in Myanmar’s multiplex circuit by opening Junction Cineplex in Yangon. The company said that following Myanmar government’s approval it has formed a joint venture with local property conglomerate Shwe Taung Development to runthe
MYANMAR BUSINESS TODAY Myanmar Business Today (MBT) is Myanmar’s largest circulating business publication. It is Myanmar's first and the only bilingual (English-Myanmar) business newspaper, and is distributed in Myanmarand Thailand.
WORLD BANK, IMF URGE ACTION ON COVID-19 VACCINE ACCESS The World Bank Group and the IMF call on countries anticipating excess vaccine supplies in the coming months to release their surplus doses and options "as soon as possible," in a transparent manner, to developing countries "with adequate distribution plans in place," theysa
G7 AGREES ON GLOBAL MINIMUM TAX RATE OF AT LEAST 15 PCT 1 day ago · WASHINGTON, June 5 (Xinhua) -- The Group of Seven (G7) industrialized nations have agreed to support new rules that will achieve a global minimum tax rate of at least 15 percent, U.S. Treasury Secretary Janet Yellen said Saturday. Calling it a "significant, unprecedented" commitment, Y INVESTMENT & FINANCE November 3, 2020. Central Bank of Myanmar has purchased $43 million in October through bidding. It purchased $3.7 million on October 2, $3.8 million between 5 and 8 October, $7.7 million on October 9, $3.7 million on October 19, $1.85 million on October 20, $3.8 million on October 23, $3.7 million on October DOMESTIC TOURISM: WHERE TO BEGIN POST-COVID TOURISM IN အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The COVID-19 pandemic has put Myanmar's underdeveloped tourism industry into a halt as it has done to the global tourism industry. Now, the country is preparing to revive the sector by developing the BITCOIN, MYANMAR AND THE FUTURE OF MONEY Bitcoin can reduce these remittance fees to practically zero. Businesses looking to invest in Myanmar can efficiently transfer money into and out of the country to pay for supplies, equipment and stock. Farmers can use Bitcoin to buy fertilisers at competitive global prices, cutting out the middleman and increasing their margins. BUDGET FOR HUMAN RESOURCE DEVELOPMENT IN PUBLIC HEALTH အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်သည် The government budget for the human resource development public health sector is allocated K98 billion for the 2020-21 fiscal year, which represents K43 billion increase, according to Dr. Myint Htwe, Union Minister of the Ministry of Health and Sports. THE QUINCEAÑERA, REDEFINED The Quinceañera, Redefined. Jayla Sheffield, center, with friends at her “quincenegra” in Pomona, Calif., Oct. 12, 2019. For Jayla, her quinceañera was an occasion to celebrate blackness and black womanhood, as the traditional rite of passage has become more of a celebration of identity around the United States. (June Canedo/The NewYork
CBM ALLOWS INTERBANK MONEY MARKET TRANSACTIONS The Central Bank of Myanmar has legalized interbank money market transactions in a bid to boost development of the banking and finance industry. Under the CBM’s directive, banks can carry out activities such as interbank lending, interbank savings and interbank trading ingovernment secur
MYANMAR FINALLY TO ESTABLISH A PENSION FUND အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The government of Myanmar will establish a pension fund instead of using the state budget, according to Dr. War War Maung, Director General of Pension Department. Although most countries have established the pension fund, also known as a superannuation fund,__
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AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19 WE ARE FINDING WAYS TO MANAGE CASH FLOW THROUGH DISTRIBUTIONCHANNELS:…
GOLD PRICE DROPS BY K200,000 IN TWO WEEKS AEON POSTPONES SHOPPING MALL PROJECT IN MYANMAR____
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WE ARE FINDING WAYS TO MANAGE CASH FLOW THROUGH DISTRIBUTIONCHANNELS:…
GOLD PRICE DROPS BY K200,000 IN TWO WEEKS AEON POSTPONES SHOPPING MALL PROJECT IN MYANMAR CENTRAL BANK TO SELL $1.6 MILLION THROUGH MONEY CHANGERS MOST OF THE COMPANIES HALT PLANS TO INCREASE INVESTMENT: SURVEY____
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AEON POSTPONES SHOPPING MALL PROJECT IN MYANMAR YANGON TO BANGKOK HIGHWAY PROJECT KICKS OFF MYANMAR’S FOREIGN DIRECT INVESTMENT OUTLOOK AFTER DAW AUNG SAN SUUKYI…
JAPAN TO PARTICIPATE IN DAWEI SEZ MYANMAR TO CONDUCT A SURVEY ON OVER 2,500 MSMES TO IDENTIFY…____
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WE ARE FINDING WAYS TO MANAGE CASH FLOW THROUGH DISTRIBUTIONCHANNELS:…
GOLD PRICE DROPS BY K200,000 IN TWO WEEKS AEON POSTPONES SHOPPING MALL PROJECT IN MYANMAR CENTRAL BANK TO SELL $1.6 MILLION THROUGH MONEY CHANGERS MOST OF THE COMPANIES HALT PLANS TO INCREASE INVESTMENT: SURVEY____
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CB BANK LAUNCHED CB CARD+ MOBILE APPLICATION SOLARHOME CLOSES $ 2 MILLION SERIES A-2 EQUITY ROUND INFOBIP LAUNCHES DIGITAL CLOUD CONTACT CENTER SOLUTION TO DO THE RIGHT THING & TO DO IT RIGHT IS… GRAB LAUNCHES GRABADS, MYANMAR’S FIRST DIGITAL DISPLAY ADVERTISINGSERVICE IN GRAB…
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BIG BAD WOLF BOOK SALE GOING ONLINE THIS YEAR IN THE TIME OF CRISIS, PROTECT YOUR VALUABLE ASSETS; IT’S PEOPLE WORLD’S ULTRA-WEALTHY GO FOR GOLD AMID STIMULUS BONANZA INDIA APPROVES GILEAD’S REMDESIVIR TO TREAT SEVERE COVID-19 CASES COVID-19 VACCINES & TREATMENTS: WHO OWNS THE RIGHTS?____
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WE ARE FINDING WAYS TO MANAGE CASH FLOW...May 28, 2021
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GOLD PRICE DROPS BY K200,000 IN TWO WEEKSMay 26, 2021
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AEON POSTPONES SHOPPING MALL PROJECT IN MYANMARMay 20, 2021
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CENTRAL BANK TO SELL $1.6 MILLION THROUGH MONEY...May 12, 2021
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WORLD BANK, IMF URGE ACTION ON COVID-19 VACCINE ACCESS AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19 WE ARE FINDING WAYS TO MANAGE CASH FLOW THROUGH DISTRIBUTION CHANNELS:WAVE MONEY
GOLD PRICE DROPS BY K200,000 IN TWO WEEKS AEON POSTPONES SHOPPING MALL PROJECT IN MYANMAR____
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WORLD BANK, IMF URGE ACTION ON COVID-19 VACCINE ACCESSJune 4, 2021
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WORLD BANK, IMF URGE ACTION ON COVID-19 VACCINE ACCESSJune 4, 2021
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LOCAL ARCHITECTS TO VISIT EXPO IN BANGKOKFebruary 25, 2020
by Myo Sandar Myanmar architects and developers will visit Architect Exposition, billed as the largest building technology expo in ASEAN and jointly organized by the Association of Siamese Architects (ASA) and N.C.C. Exhibition Organizer. Titled ‘Architect ’20, “Refocus Heritage”’, the expo takes the theme of architectural heritage and its conservation. It...Read more
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WORLD BANK, IMF URGE ACTION ON COVID-19 VACCINE ACCESSJune 4, 2021
The World Bank Group and the IMF call on countries anticipating excess vaccine supplies in the coming months to release their surplus dosesand...
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AIRLINES SUSPEND SOME DOMESTIC FLIGHTS DUE THE COVID-19May 28, 2021
Following the report of COVID-19 cases, local airlines announced the suspension of domestic flight schedules from May 29 to June 8, 2021,according to...
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BIG BAD WOLF BOOK SALE GOING ONLINE THIS YEARDecember 10, 2020
The Big Bad Wolf Book Sale, the World’s Biggest Book Sale, will be returning to Myanmar from December 23rd to 30th December 2020 –...Read more
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IN THE TIME OF CRISIS, PROTECT YOUR VALUABLE ASSETS; IT’S PEOPLEJuly 2, 2020
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် “If a problem arises, protect your valuable assets first,” says Mr. Christoph Vavrik, Managing Director of Myanmar Carlsberg, during an interviewwith...
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Myanmar Business Today (MBT) is Myanmar’s largest circulating business publication. It is Myanmar's first and the only bilingual (English-Myanmar) business newspaper, and is distributed in Myanmar and Thailand. MBT became one of the first foreign-invested media houses Myanmar’s reform-era when Thailand’s established publishing company TPN Media ventured into the Southeast Asian nation in 2012 to start the frontier economy’s pioneering business publication. TPN Media's is registered in Myanmar under the name UT Business Media Co.,Ltd. for publishing, marketing, advertising, and distributionservices.
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