Leader of Tatmadaw Information Team, Major General Zaw Min Tun confirmed during the press conference held on 19 May that mobile phone importers will require to registered International Mobile Equipment Identity-IMEI number of imported mobile phones. He added that this move is to prevent tax evasion on imported mobile phones...
Chairman of the State Administration Council, Senior General Min Aung Hlaing, who overthrew the civilian government on 1 February 2021, said that Nay Pyi Taw will be shaped like green, clean and smart city. The state-owned Global New Light of Myanmar quoted Min Aung Hlaing to be saying that "many...
The emergence of the Myanmar Centre Project Yangon, the commercial capital of Myanmar, welcomed a 100% foreign direct investment from Vietnam’s Hoang Anh Gia Lai (HAGL) Myanmar in the form of the Myanmar Centre Project which began to take shape in 2013. With the aim of giving a quality retail shopping...
KBZ bank announced that its customers can now withdraw cash from their personal bank without any withdrawal amount limitation, but it only applies to the cash newly deposited into the bank account, not to the previously deposited remaining balance in the bank account. The KBZ bank announced it on Facebook...
The Central Bank of Myanmar issued a letter to the Authorized Dealer (AD) license holding bank containing a list of entities and individuals exempted from the controversial foreign currency conversion requirement. The Central Bank of Myanmar on April 3 issued a notification requiring all foreign earnings to be converted into...
Yangon International Airport has accommodated over 2,000 travellers to and from Myanmar for three days after it was reopened to international travellers and businesses on 17 April after two years of closure due to the COVID-19 pandemic. The airport accommodated 688 departures and 393 arrivals from the Yangon International Airport...
Following the reports of fuel shortage at the Thilawa fuel storage facility, people rush into the gas stations across the country to buy fuel on April 19. In response to the unprecedented demand, some gas stations limited the volume of fuel that an individual car can buy in the...
A Yangon based Korean garment factory, Yangon Pan-Pacific International Co., Ltd (YPI), announced today that it will be hiring 600 new workers while many factories and firms are struggling to keep employees. The factory said that it is hiring new staff as it is planning to expand new product lines....
M1 Group announced that the Myanmar Investment Commission has approved Telenor Group’s application for the sale of Telenor Myanmar to Investcom PTE Ltd., an M1 Group affiliate. M1 Group said that it will be working with Telenor Group and all stakeholders to ensure continuity, stability, and reliability for all Telenor...
Samsung Electronics Co., Ltd held its Galaxy A Event on March 17, 2022, where the latest Galaxy Innovations for the brand’s most popular smartphone category were unveiled. Samsung Maynmar is now accepting pre-orders for the latest Galaxy A53 5G smartphone starting from March 18 to 27 with a bundle of...