The International Labour Organization (ILO) estimated that some 1.6 million jobs were lost in Myanmar in 2021 with the military takeover compounding the impact of the COVID-19 pandemic.
Among the population impacted by the weakened labour market, women workers were hit most.
Working hours are estimated to have decreased 18 per...
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...
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 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...
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...
Ooredoo Myanmar announced that it is continuing to support the Tech Age Girls (TAG) Myanmar Program in 2022-2023 with the goal of empowering young women via digital technology by bridging the digital gender divide. 220 girls will be participating in the TAG 2022-2023.
Tech Age Girls (TAG) is a year-long...
Following an expected 18 percent contraction of the economy in the year ended September 2021, the World Bank’s Myanmar Economic Monitor, released on January 26, projects a growth of 1 percent in the year to September 2022.
While reflecting recent signs of stabilization in some areas, the projection remains consistent...
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...
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....
Samsung Electronics Co.Ltd unveiled its foldable devices, Galaxy Z Flip4 and Galaxy ZFold4, along with Galaxy Watch5 / Pro and Galaxy Buds2 Pro, at its August 10th “Unfold Your World” Galaxy Unpacked 2022 event.
Users in Myanmar can now pre-order newly released foldable at Samsung Myanmar period from August 11th...