This article was written by Sean Turnell and posted on East Asia Forum On 1 July 2020, the European Union and six of its member governments announced a moratorium on debt repayments due from Myanmar. The agreement allows Myanmar to ‘focus efforts on economic recovery from COVID-19’ and is worth...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Securities and Exchange Commission of Myanmar (SECM) is planning to convince state-owned enterprises (SOEs) to become listed companies at the five-year-old Yangon Stock Exchange, which only has six listed companies so far. “For the SOEs, which need government funding, they can remain as state-owned ones. For the rest,...
Myanmar’s economy is likely to suffer a blow from a sudden economic slowdown and its subsequent lower FDI, according to the report on the impact of the COVID-19 on Myanmar’s export published by Myantrade. Domestic consumption, the main driver of Myanmar economic growth, will weaken as a result of reduced...
Written by Andrew Delaney Last year, Thailand was the third-largest foreign investor in Myanmar at $6.6 billion in 2018-2019 following Singapore then China. However, due to the unofficial border trade, this figure understates the value of the trade relationship. Thailand has the longest border with Myanmar at 2,416 km. Myanmar shares...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Hundreds of thousands of migrant workers are returning home due to the COVID-19 pandemic, which caused factories to suspend their operations. This can worsen the unemployment rate in the country where there is strangely no official unemployment rate. The government of Myanmar is trying to find a way...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် “If a problem arises, protect your valuable assets first,” says Mr. Christoph Vavrik, Managing Director of Myanmar Carlsberg, during an interview with Myanmar Business Today. “The most important asset in a company is not necessarily a brand or exploration rights for an oil company or real estate....
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The COVID-19 pandemic has put an enormous pressure on the global economy; Myanmar's economy is no exception from it. The World Bank, in its recently released Myanmar Economic Monitor, revised its forecast for the country in the 2019-2020 fiscal year to be as low as 0.5 percent...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Ascent Myanmar Growth Fund I LP (AMGF), Myanmar-Focused private equity fund owned by Ascent Capital Partners Pte. Ltd, a Singapore-registered fund management firm, has made a combined $26 million minority investment in Frontiir Pte. Ltd, an internet service provider under the name Myanmar Net. “By supporting Frontiir, a...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Yoma Strategic Holdings will establish a new company called Yoma MFS Holding (Wave Holdco), which will acquire Telenor Group's current 51 percent stake in Wave Money for $76.5 million, according to the press release issued by the Yoma Strategic. Upon the completion of the transactions, Yoma Strategic will...
အောက်တွင် မြန်မာလိုဖတ်ရှုနိုင်ပါသည် Written by Tayzar Bhone Myint Myanmar allowed its citizens to go out and buy essential commodities during the period considered the peak of the local transmission. However, people tried to avoid going out and spent less, resulting in an 80 percent retail sales drop compared to last year, according...