The Myanmar Times
The Myanmar Times

MPs voice discontent on YBS

A total of 26 MPs supported Wai Phyo Han’s proposal concerning the Yangon Bus Service (YBS) in parliament on April 24.

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MADB’s ministry relocation aims to improve efficiency

Myanma Agricultural Development Bank (MADB), the only state-owned bank in the agriculture sector, was under the Ministry of Agriculture, Livestock and Irrigation (MOALI). But from now on, the institution has been relocated to the Ministry of Planning and Finance (MOPF) which will make loan processes more efficient, according to ministry officials.

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MADB increases loan from K20,000 to K50,000

State-owned Myanma Agricultural Development Bank (MADB) is now arranging to increase its K20,000 loan to K50,000 per acre to farmers, Agriculture ministry deputy permanent secretary U Myo Tint Tun told to The Myanmar Times on April 20.

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World Bank to loan $100 million to Myanmar Financial Development Project

WORLD Bank and government representatives recently signed an agreement for a US$100 million (K134.9 billion) World Bank loan to the Myanmar Financial Development Project in mid-April.

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Time to fix the economy with action, not words

Peace in Myanmar has come with a heavy price tag.

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Time to give substance to strategy directions in different sectors

Putting the government’s performance into perspective. Interview with Peter Beynon from the British Chamber.

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MPU-payment system for licences to roll out

A Myanmar Payment Union (MPU) system for trade-related payments between the Ministry of Commerce and traders involved in export and import has been recently finalised, according to U Khin Maung Lwin, assistant secretary at the ministry.

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Lessons from the 1997 Asian financial crisis

The Asian financial crisis in 1997 plunged many ASEAN countries into recession. The crisis dragged down the Indonesian rupiah, the Thai baht, the Malaysian ringgit and other currencies.

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Capital markets essential for private sector: IFC

International Finance Corporation (IFC), a member of the World Bank Group, and the Securities and Exchange Commission of Myanmar (SECM) signed a memorandum of understanding (MoU) in March to strengthen corporate governance regulatory standards and practices in Myanmar.

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Peace and economy co-related: Peace Commission chair

To attract more local and foreign investments in Myanmar, peace and political stability are critical, said Peace Commission chair Dr Tin Myo Win.

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