Joyce Lee and Hyunjoo Jin(Reuters) NEW DELHI South Korea’s Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh only months after it fully opened due to policy changes last year, sources close to the talks told...
MILAN, (Reuters) Italy’s biggest bank UniCredit said on Tuesday it would buy back its stock this year to improve returns for investors, and shed 9 percent of staff under a new plan to 2023 to cut costs by 1 billion euros ($1.1 billion) in Western Europe. Highlighting the challenge facing retail...
JobNet.com.mm, Myanmar’s leading online job search site, announced today the launch of the second edition of The Best Companies to Work in Myanmar campaign after a 2 year break. The campaign returns for the second edition aiming to recognize and celebrate top companies in Myanmar based on employee engagement...
Tin Mg Oo Starting from the end of this month, the government of Myanmar will provide electricity to Myawaddy Township, which has been purchasing power from Thailand. The border township purchases power from the 22 KV Thai power grid and distributes electricity to residents using 45 public transformers and 76 private...
After the Central Bank of Myanmar has tightened the dollar exchange rate to between 0.5% of its reference rate by an order issued on November 9,  the dollar rate against Myanmar Kyat has dropped to MMK 1,778 per dollar today. Following the order, there were more buyers than sellers in...
Clyde Russell (Reuters) LAUNCESTON, Australia Coal prices around the world are gently sliding as demand from top importers such as China, India and even Europe remains subdued amid a so far mild northern winter. However, there is one exception. South African coal export prices at Richards Bay have surged in recent months,...
  Starting in 2020, the Central Bank of Myanmar (CBM) will issue licenses to allow overseas lenders to open a branch or a subsidiary in the country. To secure a branch license to provide wholesale banking or enterprise banking services, an investment of up to $75 million and a $40 million...
Myo Sandar Myanmar has secured tax exemption for its corn exports to Thailand during February to August of this year. Thailand represents a new market for Myanmar’s corn after exports to China were halted by the coronavirus epidemic. “Before, we exported corn to China. Thailand has corn demand and is in...
Olga Cotaga (REUTERS) LONDON Sterling kept within its recent trading range on Thursday but this week could prove its second best so far this month as expectations that the Conservative Party may win a majority in the Dec. 12 national election fuel investors' optimism. British Prime Minister Boris Johnson's Conservatives have a...
Local e-sport players can sign up to compete in the PUBG Mobile Myanmar Championship 2020 Spring Split, through which they can enter PMCO (PUBG MOBILE Club Opens) SEA Final. Online registration for PUBG MOBILE Myanmar Championship 2020 Spring Split is open through February. “The Myanmar Championship is exciting. You can enter...