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အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Shwe Taung Real Estate Co., Ltd, the real estate arm of Shwe Taung Group, has entered into a joint venture with AEON MALL Co., Ltd., a member of Japan’s Aeon Co Ltd, a listed conglomerate, to invest, develop, manage and operate large scale shopping malls in Myanmar....
European Union will provide EUR 5 million for promoting integrated land use planning and management in Myanmar, according to U Henry Van Thio, Vice President of Myanmar, who chairs the National Land Use Council. The project will take four years and the EU will provide its funding through FAO. The government...
Myo Sandar/Myanmar Business TodayIn a move to assist SMEs and contribute to the country’ economic development, the SME Development Bank is set to offer cash flow budget (CFB) loans requiring no collateral from the borrowers. The loans will be provided to SMEs in the agricultural sector (rice and corn), livestock...
Union Minister of Planning, Finance and Industry U Soe Win revealed during a January 22 meeting with local micro, small and medium enterprises that the ministry is working to form a credit guarantee corporation to help MSMEs get access to financial services. The ministry is working in collaboration with the...
The local gold price when the market closed on Friday, September 10, was at K1.91 million per tical compared to K1.855 million on September 13 representing around a K50,000 drop over the weekends. (tical= 16.3 g) Global gold price is USD $1,789 per ounce on September 13. The local gold price...
Myo Sandar/Myanmar Business Today Myanmar expects its foreign trade to shrink slightly to $33 billion in the 2020 fiscal year, with $15.5 billion in exports and $17.7 billion in imports, according to Deputy Permanent Secretary for Commerce U Khin Maung Lwin. Imports of raw materials and consumer products account for the...
The government will provide a K21.122 billion loan to 1,200 businesses that suffered from the impact of the COVID-19 pandemic, according to U Thaung Tun, Union Minister of the Ministry of Investments and Foreign Economic Relations. He said that during the video conference of the COVID-19 Economic Relief Work Committee,...
Mobile wallet KBZPay on January 7 introduced a new short-term financing product designed to help KBZPay agents and merchants improve their cash flows and grow their businesses. Called KBZPay Quick Access Loan, it allows KBZPay partners to access instant credit of K300,000 without collateral or guarantor. “Many of our 270,000 KBZPay...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The Ministry of Foreign Affairs announced that Myanmar has extended the suspension of issuing all kinds of visas until May 15. The original suspension was until April 30; however, it decided to extend the suspension in order to prevent and contain the spread of COVID-19. Moreover, those, including...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Officials from US-ASEAN Business Council said during the video conference held on July 28 that the United States is interested to increase investment and economic cooperation in Myanmar, especially in agriculture, tourism, energy, and digital economy, during the post-COVID-19 times. U Thaung Tun, Union Minister of the Ministry...