Central Bank of Myanmar, which has been purchasing US dollar earlier this year, sold $3 million on December 14 at the rate of K1,372.2 per dollar. On the same day, dollar was traded around K1,365-1,370 in the domestic market. Myanmar Kyat against US dollar has been strong since the begining of...
CB Bank launched CB Card+ mobile application for CB Bank card customers. The customers can view Card information as well as use the app to make payments at any stores which accept Visa contactless payments if their phones have NFC capabilities. CB Card+ application can be downloaded online at...
Carlsberg Myanmar has once again been awarded for its excellence in HR and responsible business practices at the Myanmar Employer Awards. The company won one Gold and three Bronze Awards at the MEA Virtual Winners Presentation, held on December 11th, 2020. The Gold Award that Carlsberg won was for the...
Muse Wholesale Association has asked the Ministry of Construction to allow the use of Yangon-Mandalay Expressway for fruit trucks so that fruits can be transported without being spoiled. The Ministry once allowed freight trucks to use the expressway from October 5 to November 30, which resulted in a huge benefit...
The Big Bad Wolf Book Sale, the World’s Biggest Book Sale, will be returning to Myanmar from December 23rd to 30th December 2020 – but this time the event will be held entirely online at the Big Bad Wolf Book Sale’s official website. Redesigned to cater to the current need...
  Bringing in new investors Anthem Asia and DPI Energy Ventures, as well as prior investors TRIREC, Insitor Impact Asia Fund, Great Noble Ventures, and FORUM, the additional financing provides firepower for SolarHome, a pioneer in Pay-As-You-Go (PAYG) solar for off-grid households in Myanmar, today announced the closing of its Series A-2...
Infobip, the global cloud communications company, has announced the launch of its new digital cloud contact center solution - Conversations, that will enable businesses to deliver omnichannel support for customers through a single interface for agents. Consecutively, Infobip also announced the launch of its chatbot building platform – Answers,...
Myanmar National Airlines will start flying special flights to Singapore every Thursday starting from December 10. The airline said that it will not sell the ticket for the flights through its authorized agents. Instead, it will sell the tickets online to the earliest passengers. The passengers, who want to fly to...
  The Yangon-Bangkok highway project that will allow people to reach Bangkok Yangon by bus in nine hours has launched with financial assistance from Asia Development Bank, according to the Ministry of Construction.  Currently, it takes 16 hours to travel 570 miles from Thialwa, Yangon to Bangkok by vehicles.  One the new...
Local gold prices, which were weak in November, have regained in early December reflecting global gold prices.  On November 30, global gold was traded at $1,770 per ounce and local gold at around K1.267 million per tical. (1 tical = 0.57 ounce)  The local gold prices began a steady climb reflecting...