The Tourism Authority of Thailand (TAT) is partnering with Visa Myanmar to promote tourism between the two countries under the “B500 for You” campaign, which ends in December. Aimed at promoting awareness of the security and ease of digital payments and acceptance of Visa, the campaign encourages more Myanmar tourists...
Ei Thandar Tun/Myanmar Business Today UnionPay Myanmar recently launched the Go-for-Gold campaign offering rewards to those who spend a minimum of K30,000 in a single receipt through locally-issued UnionPay cards. The campaign runs for 13 weeks from December 2 to March 1. Each week, the campaign gives out a gold coin...
The Yangon Regional Government has paid over K15.39 billion in compensation to 139 landowners for lands confiscated for projects by the Yangon City Development Committee. The confiscated lands are in Dagon Myothit (Seikkan), Dagon Myothit (South), Dagon Myothit (North), Dagon Myothit (East), Hlaing Thar Yar, Shwe Pyi Thar, Mingalardon, Dala,...
by Tin Mg Oo Self-drive car rental service Yoma Car Share recently opened a new rental hub in front of Terminal 2 at Yangon International Airport and another in front of the Capital Hypermarket in Thaketa Township. “With 24 rental hubs in Myanmar, we are ready to fulfill the diversified mobility...
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 Ministry of Labour, Immigration and Population and Austria’s OeSD company is working together to sign an agreement under the government to government collaboration to implement the e-ID system, which is essential to e-government. As a prerequisite effort for the project, U Thein Swe, Union Minister of the...
Local gold price, which has skyrocketed reaching over K1.7 million following the coup by the military, now has dropped as much as K200,000 as the price decreased to around K1.5 million per tical (tical= 16.3 g). On May 26, the domestic gold market closed with K1.5 million per tical while...
Zin Thu Tun/Myanmar Business Today The Central Bank of Myanmar (CBM) recently issued a reminder to local banks not to accept untaxed cash or open accounts for people with no identifiable income source. It also urged banks to take precautions with customers with suspicious sources of income. The move is a...
Four hundred children from four orphanages took part in a Christmas party hosted by Marga Landmark at the Central Boulevard, Yangon’s first walking street, on December 23. Marga, the company behind mixed-use development The Central, organized a day of fun, games and learning activities including animal-balloon workshops and LEGO building...
On-demand food delivery service Foodpanda made its Myanmar debut on January 21 with plans to start providing services to customers in Yangon. The company promises to deliver food from over 1,000 restaurants customer’s homes, offices and even outdoor “hotspot” locations. Customers can order from international chains such as KFC, Pizza...