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အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Myanmar-China Border Trade has not yet returned to normal, but some trucks carrying rice leave the Muse border trade daily, U Min Thein, Vice President of Muse Wholesale Market, told Myanmar Business Today. "The border gates likely remain closed until the COVID-19 disappear," he added. Authorities still ban people...
The government of Myanmar has allocated additional K100 billion for the COVID-19 Fund to provide credit to businesses affected by the COVID-19, according to the Ministry of Planning, Finance, and Industry.  This additional K100 comes from the K150 billion surplus of the 2019-2020 budget. The remaining K50 billion will go...
Myanmar has made progress in poverty reduction as the proportion of the population living in poverty declined by almost 50 percent between 2005 and 2017, according to the Poverty Report, issued by the World Bank, UNDP, and the Central Statistical Organization.  The proportion of the population living below the poverty line...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် “If a problem arises, protect your valuable assets first,” says Mr. Christoph Vavrik, Managing Director of Myanmar Carlsberg, during an interview with Myanmar Business Today. “The most important asset in a company is not necessarily a brand or exploration rights for an oil company or real estate....
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် India's ONGC Videsh Ltd (OVL) will invest over $120 million in the Shwe Gas project, according to the Financial Express. The investment proposal was approved by the cabinet meeting held by the Indian Prime Minister. ONGC Videsh Ltd (OVL), an overseas investment subsidiary of ONGC, has made $722 million...
U Aung Htoo, Deputy Minister of the Ministry of Commence, said that live cattle exports would hit 1 million this year compared to last year's export volume of 500,000 cattle. Exporters are preparing to resume live cattle export, which was interrupted by the COVID-19 pandemic, U Thaung Khaing, President of...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The COVID-19 pandemic has put an enormous pressure on the global economy; Myanmar's economy is no exception from it. The World Bank, in its recently released Myanmar Economic Monitor, revised its forecast for the country in the 2019-2020 fiscal year to be as low as 0.5 percent...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Due to higher local demands, which are unlikely to satisfy by the domestics production, Myanmar may need to import corn instead of exporting it. "Local demand for corn has soared so much that we have to suspend corn export. We might need to import corn for animal feed...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Based on the experiences during the COVID-19 pandemic, Myanmar plans to attract more foreign direct investments into the pharmaceutical sector as well as the agriculture and livestock sector. "We will invite investments into the pharmaceutical sector to produce mask, PPE and hand gel," U Thant Zin Lwin, Director...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Ascent Myanmar Growth Fund I LP (AMGF), Myanmar-Focused private equity fund owned by Ascent Capital Partners Pte. Ltd, a Singapore-registered fund management firm, has made a combined $26 million minority investment in Frontiir Pte. Ltd, an internet service provider under the name Myanmar Net. “By supporting Frontiir, a...