Western Union cuts ties with Myawaddy Bank
Jan 09, 2020
Western Union has terminated its contract with the Tatmadaw-owned Myawaddy Bank, becoming the latest foreign company to disassociate itself from military-associated companies.
Western Union, wh... 122
Big Bad Wolf Book Sale Back for a Second Year
Jan 07, 2020
The major “Big Bad Wolf” book sale will be back in Yangon for a second time with more genres on offer from Jan. 10 to 20 at the Myanmar Expo Hall at Fortune Plaza in Thaketa Township.
More than... 134
Dec 10, 2019
While the Union finance minister has said that she does not eat much onion, the chief minister of this state has spied a sinister hand in the dearth of tasty tear jerker.
A century is a landmark i... 301
Average inflation rate continues to rise
Nov 26, 2019
The average inflation rate increased by over six to eight per cent for 12 consecutive months in 2018-19 fiscal year, according to figures from the Ministry of Planning and Finance.
The average in... 413
FDI at production sector exceeds $ 11.5 bln
Nov 25, 2019
Over 30 years, the inflow of foreign investments into the production sector has exceeded 11.5 billion US dollars. Myanmar has reformed its policies in order to attract more new foreign investments, a... 358
SME Bank to Provide Unsecured Loans to SMEs
Nov 23, 2019
Myo Sandar/Myanmar Business TodayIn a move to assist SMEs and contribute to the country’ economic development, the SME Development Bank is set to offer cash flow budget (CFB) loans requiring no coll... 451
Indian onion export ban good news for Myanmar
Nov 18, 2019
In the wake of the overheated onion market triggered by an Indian export ban, the import of onion from Myanmar has risen significantly with 11,732 tonnes entering the country through Teknaf in Novembe... 449
Trade routes in Shan cut off again by clashes
Nov 18, 2019
Recent clashes near trade routes in northern Shan State have brought land transportation to a halt, truck drivers have told Myanmar Times.
Attacks by Ta’ang National Liberation Army near Kutkai a... 427
Yoma to acquire an additional stake in Wave Money
Nov 15, 2019
Yoma Strategic Holdings (YSH) has agreed to acquire an additional 10 per cent stake in Digital Money Myanmar (Wave Money) from Yangon-listed First Myanmar Investment (FMI) for $6 million, Dealstreeta... 451
Fuel imports exceed $ 180 m in one month
Nov 09, 2019
Within one month of this fiscal year, the fuel imports exceeded 180 million US dollars, down 29 million US dollars compared with the same period last year, said Khin Maung Lwin, Assistant Permanent S... 411