MGI Tech Co., Ltd. (MGI), a global life science leader and innovator, is contributing to COVID-19 control and prevention in Southeast Asia as the pandemic continues to pose a formidable challenge to public health systems in the region.
MGI has developed Champa LSEA Laboratory, the first 3rd party detection...
Despite challenges in the telecom sector and internet shutdown, Ooredoo Myanmar says that the revenue in 2021 grew by 8% compared to 2020.
"During 2021, COVID and directed shutdown of internet services did have impacts on Ooredoo Myanmar’s revenue but in the last quarter of the year, revenue did recover,"...
The Central Bank of Myanmar has now allowed Baht as an official settlement currency for Thai-Myanmar border trade, according to its announcement on March 3, 2022.
The move aims to improve trade between the two countries, streamline the payment and trading as well as to increase the use of local...
Edible oil prices have been gradually increasing doubling the prices of last year. A viss of edible oil hit K5600-6000 compared to around K2600 last year.
The reason for the edible oil price hike is due to inadequate stock in the local market while the edible oil prices are also...
Myanmar Agriculture Development Bank (MADB) announced that it has extended the repayment period for the Covid-19 relief loans and 2021 winter crops loans.
The bank said that the extension of the repayment period is to ease the hardship of the farmers amid Covid-19 travel restriction, and disruption in trade flow...
Myanmar started exporting corn to its neighboring country, Thailand, under a tax exemption program through the Myawady border trade post on February 1.
On the first day, the country exported over 2,000 tons, however, it was less than the amount it exported on the first day last year.
Under the bilateral...
Samsung Electronics Co., Ltd. has introduced the Galaxy A03, the first and freshest smartphone in 2022. The Galaxy A03, which is one of the affordable smartphones, is built with an extensive 6.5-inch Infinity V display that features powerful performance, persistent battery, and supports amazing camera experience.
“Being committed to providing...
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...
The Yangon West District Court, on January 26, rejected the dissolution of Myanmar Brewery, a joint venture between Japanese brewer Kirin Holdings and Myanma Economic Holdings (MEHL).
"The Order upholds Kirin Holdings’ position that the Petition should be dismissed because the statute on which the Petition is based is incorrect....