Even though the country's trade seems to be mildly impacted by the COVID-19 last fiscal year, the Union Minister of the Ministry of Commerce has called for precautions to mitigate the impact of the pandemic in the 2020-2021 Fiscal Year as there are more possibilities of the impact.  “We can...
Grab Aims to Change Cab Hiring Culture in Myanmar Taxi bookings through a mobile app debuted in Myanmar in late 2015. Since then, four years have passed but online taxi bookings have yet to replace the old-fashion taxi-taking culture in which a customer would stand beside the road to hail...
Phyo Thu The year 2019 will soon be left behind. Midnight on any other night can be just an ordinary hour, but midnight on December 31 brings fun and excitement. For fun-loving Myanmar people, the night of New Year’s Eve offers an opportunity to celebrate in a variety of ways. We...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Written by Linn Thit Pyidaungsu Hluttaw on May 29 session approved to borrow $20 million loans from Korea Exim Bank (EDCF) to complete the construction of Dala Bridge, also called Myanmar-Korea Friendship Bridge, by 2022. While waiting for the loans to receive, the Ministry of Construction will build other...
Customers in Myanmar, a developing country with an average annual income per capita of just over $1,000, often look at the price when they are thinking of buying a new smartphone. This offers opportunities for smartphone makers, who offer a very good price to performance products with a very...
TOKYO Japan's lower house of parliament approved on Tuesday a limited trade deal Prime Minister Shinzo Abe agreed with the United States, clearing the way for tariff cuts next year on items including U.S. farm goods and Japanese machine tools. But there is uncertainty over how much progress Japan can make...
Lucia Mutikani WASHINGTON (Reuters) - Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market could take years to heal from the pandemic even as businesses resume hiring workers. The weekly jobless claims report from the...
MUMBAI/AHMEDABAD, India (Reuters) - Parts of India have recorded dramatic falls in mortality rates after a nationwide lockdown was imposed to fight the new coronavirus, suggesting there has not been an undetected surge in virus-related deaths. All over the world, mortality rates are being scrutinised to determine the true impact...
by Zin Thu Tun The Central Bank of Myanmar on March 12 cut interest rates for savings and loans by 0.5 percent in a bid to boost economic growth. The new rates come into effect April 1. In accordance with the rate cuts, the minimum rate for savings, saving bonds and...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The Myanmar economy is projected to rebound faster than regional and global averages and will benefit from China’s relatively swift recovery, according to Oxford Business Group’s report called Covid-19 Response Report (CRR) , produced in partnership with the medical equipment supplier Okkar Thiri. While no economy remains immune to...