Australian firms urged to invest in Myanmar
THOUGH Australian businesses are still cautious about doing business in Myanmar, they should not hesitate to enter the country, as both governments are committed to supporting bilateral economic ties, according to ...
Thilawa Fuel Laboratory Opens As Government Crackdown Targets Low Quality Fuel
Author: Yu Wai | 02 May 2017 A laboratory which can test the quality of fuel to international standards has opened at the Thilawa Special Economic Zone as the government aims ...
Yoma Strategic and Norfund to build distributed power networks in Myanmar
By Mizzima On Tuesday, 2 May 2017 Yoma Strategic Holdings Ltd. has announced its partnership with Norfund, a Norwegian state-owned investment fund, to establish distributed generation micropower plants and mini grids ...
World Bank US$200m loan to develop macroeconomic stability and fiscal resilience
By Chan Mya Htwe | Tuesday, 02 May 2017 The World Bank said that at the end of May, Myanmar reforms and the country’s poverty reduction efforts and efforts to maintain ...
YBPC to acquire new buses with K70 billion
By Aye Nyein Win | Tuesday, 02 May 2017 Yangon Bus Public Company (YBPC) will spend K70 billion, which is entrusted at the Ayeyarwady Bank, for acquiring new buses, according to ...
Inflation Rate Dips Slightly But Prices Set to Rise Over Long Term
Author: Myanmar Business Today | 02 May 2017 Myanmar’s consumer price index (CPI) declined to 6.81 percent in March from 6.97 percent in February, the state-owned Global New Light of Myanmar ...
IFC and Myanmar central bank promote new credit reporting regulation
By Mizzima On Monday, 1 May 2017 IFC, a member of the World Bank Group, has successfully supported the Central Bank of Myanmar to develop a regulation for credit reporting—a key ...
Thai Banking Giant Backs Nationwide Scheme to Help Small Businesses
Author: Zin Thu Tun | 24 Apr 2017 One of Thailand’s largest banks has teamed up with Myanmar for a scheme aimed at helping small businesses in Mon state and Thanintharyi ...
Banking Leaders Call for Deregulation of Interest Rates
Author: Myanmar Business Today | 24 Apr 2017 The government must relax rules governing interest rates to allow banks to benefit from interest rate spreads by offering new financial products, a ...
Yangon govt ‘invests’ Ks70bn in YBS
Writer: Htet Shine & San Htoo Aung Yangon Bus Public Company Ltd (YBPC) has deposited Ks70 billion at the Ayeyarwady Bank for the Yangon Bus Service (YBS), according to Myint Thaung, ...