JobNet.com.mm, Myanmar’s leading online job search site, announced today the launch of the second edition of The Best Companies to Work in Myanmar campaign after a 2 year break. The campaign returns for the second edition aiming to recognize and celebrate top companies in Myanmar based on employee engagement...
M1 Group announced that the Myanmar Investment Commission has approved Telenor Group’s application for the sale of Telenor Myanmar to Investcom PTE Ltd., an M1 Group affiliate.
M1 Group said that it will be working with Telenor Group and all stakeholders to ensure continuity, stability, and reliability for all Telenor...
Lucia Mutikani
WASHINGTON (Reuters) - Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market could take years to heal from the pandemic even as businesses resume hiring workers.
The weekly jobless claims report from the...
By Pete Schroeder
WASHINGTON, June 1 (Reuters) - U.S. financial regulators, banks and their investors will get their first glimpse into the health of the nation's banking system as it confronts soaring corporate and consumer defaults in the economic crisis sparked by the novel coronavirus.
And no-one, including the U.S. Federal...
KBZ bank announced that its customers can now withdraw cash from their personal bank without any withdrawal amount limitation, but it only applies to the cash newly deposited into the bank account, not to the previously deposited remaining balance in the bank account.
The KBZ bank announced it on Facebook...
DUBAI, June 1 (Reuters) - Emirates' outgoing President Tim Clark on Monday said it could take the state carrier up to four years to resume flying to its entire network that has been decimated by the coronavirus pandemic.
The Dubai-based airline, which flew to 157 destinations in 83 countries before...
After the Central Bank of Myanmar has tightened the dollar exchange rate to between 0.5% of its reference rate by an order issued on November 9, the dollar rate against Myanmar Kyat has dropped to MMK 1,778 per dollar today.
Following the order, there were more buyers than sellers in...
Telenor Myanmar Limited has changed its name to Atom Myanmar Limited starting from 30 May 2022, according to the company's announcement.
"The change of the company name is to reflect the post-transaction situation," the company said, "with this change, ATOM MYANMAR LIMITED will keep up the strength of our capabilities...
LONDON (Reuters) - Britain’s Financial Conduct Authority said on Thursday it has fined Lloyds Bank (LLOY.L) 64 million pounds ($81.26 million) for failures in handling mortgage arrears.
Lloyds and its Bank of Scotland and The Mortgage Business units have estimated that they will have paid approximately 300 million pounds in...
Yangon Gold Enterpreneur Association (YGEA) is working on innitiating Paper Gold scheme, which allows people to trade gold using the gold certificate issued by the banks.
Under the paper gold system, gold is deposited at the banks as assets, for which the banks issue certificate equivalent to the deposited gold....