New York Time The It bag may be more like an old hat these days – at least when it comes to fashion’s front row. But exclusivity is not exactly out of style; it’s just no longer symbolized by something you can swing from your arm. In 2020, partying with Prada...
Airlines and passengers are on guard against a new flu-like virus that originated in Wuhan, China. Here’s an explainer on the airline industry’s response to the outbreak so far and its potential financial exposure compared to SARS in 2003, which killed nearly 800 people: What Is the Expected Financial Impact on...
KUALA LUMPUR Malaysia’s top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil imports. MSM Malaysia Holdings Berhad will buy 130,000 tons of raw sugar from India worth...
Hong Kong Financial regulators across Asia are creating new rules for online-only banks as they seek to shake up often staid markets, helped by technology firms which are able to operate at lower costs without needing physical branches. In Operation South Korea led the way with special rules for online-only banks in...
Naypyidaw China and Myanmar inked dozens of deals on January 18 to speed up infrastructure projects in the Southeast Asian nation, as Beijing seeks to cement its hold over a neighbor increasingly isolated by the West. But no major new projects were agreed during the two-day visit by President Xi Jinping,...
Wave Pay, a mobile payment app owned by Wave Money, and international payment company 2C2P signed a memorandum of understanding on January 22 aimed at providing more convenient payment methods. “Before, customers had to use cards to buy a flight ticket or book a hotel room. They always needed some...
The Yangon Stock Exchange (YSX) saw trading volume of over K13 billion between January and December 2019, exceeding 2018’s volume by K2 billion, according to the exchange’s annual report. Trading of First Myanmar Investment (FMI) shares exceeded K4.8 billion. Myanmar Thilawa SEZ Holding (MTSH) saw K5.8 billion in trading volume,...
The Yangon Regional Government has set a K10 million security deposit for those seeking an outbound tour license following a decision taken by the Yangon Regional Tourism Committee in January. “We decided to set a framework for issuing outbound tour licenses and set a deposit amount at K10 million,” said...
Myanmar Retailers Association will organize the first-ever Myanmar Retail Summit & Expo during February 7-8 at Fortune Plaza in Thaketa Township. Retailers will showcase consumer products, food, beverage, children’s products, fashion, household items, cosmetics, IT products and medicines from famous suppliers. Another highlight of the event is “Unleashing the Retail Potential,”...
Myanmar Livestock Expo 2020, the first event of its kind in the country, will be held May 14-16 at Yangon Convention Center. The expo will feature products and technologies for livestock breeding, including antibiotics, feed processing equipment and packaging technologies, as well as seminars on livestock-related manufacturing and technologies and...