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Growing number of Myanmar SMEs forced to fold amid political crisis
Business
09 Feb 2021
Sales of various goods, from food to luxury products, have seen a drastic drop following the Tatmadaw’s decla...
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Political development leaves Myanmar mortgage market in doubt
Business
08 Feb 2021
The banking sector is cautiously monitoring the country’s political situation with regards to mortgages, said...
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K500 million in loans granted to Mandalay farmers
Business
08 Feb 2021
Approximately K500 million in loans were granted to farmers from nine townships in Mandalay Region on February 2.
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No plans by MasterCard to initiate changes in Myanmar yet
Business
07 Feb 2021
Mastercard is monitoring Myanmar's current political situation before deciding on its next plan of action, said an...
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Myanmar affirms continuation of projects, resumption of business amid COVID-19
Business
06 Feb 2021
The newly formed State Administration Council met with members of Union of Myanmar Federation of Chambers of...
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Infrastructure, agriculture sectors at risk of slower investments
Business
05 Feb 2021
The infrastructure and agriculture sectors could take a hit as a result of the current state of emergency in...
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No disruptions to Korea-backed industrial park in Yangon
Business
05 Feb 2021
Work on the Korea-Myanmar Industrial Complex (KMIC) will continue despite the political unrest in the country...
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Japanese beer brewer Kirin pulls out of Myanmar
Business
05 Feb 2021
Japanese brewery giant Kirin Holdings has terminated its joint venture with Myanma Economic Holdings Public...
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Foreign investments in Myanmar under threat
Business
04 Feb 2021
The country's foreign direct investments (FDI) may come under threat with at least one major project already put...
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Myanmar military appoints new captains of economy
Business
04 Feb 2021
After declaring a state of emergency on February 1, the Tatmadaw (military) has announced a list of key ministers...
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CBM dispels rumours of abolishing currency notes; gold hits record high
Business
03 Feb 2021
The Central Bank of Myanmar (CBM) has dispelled rumours that K1000, K5000 and K10,000 notes would be revoked and...
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Myanmar confident of sufficient rice, edible oil supplies
Business
03 Feb 2021
Demand for rice is rising in Myanmar as locals stock up on the commodity. Traders and wholesalers said the panic...
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