The Central Bank of Myanmar has rapidly increased its rate for US dollar-kyat conversion over the last week, nearly catching up with the market rate.
State-Owned SME Development Bank has disbursed K7 billion (US$6.8 million) to 237 small and medium enterprises in 2014-15 fiscal year through a government program.
The Directorate of Investment and Company Administration is registering companies to trade futures online, but it is not responsible for oversight of the business, according to deputy director Daw Nilar Mu.
Car importers are calling on the Internal Revenue Department to reduce the 3.5 percent tax levied on the payments for vehicles imported under a consignment system.
The Energy Planning Department has been abolished since the beginning of the financial year, with its duties to be taken up by other organisations with the Ministry of Energy, according to an official.