Microsoft for Startups launches the Highway to a 100 Unicorns initiative in the Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where only 56 startups were selected to the Emerge X program from six states, which have over 15000+ startups. The Emerge X winners...
 The Microfinance Business Supervisory Committee has instructed microfinance companies not to forcibly ask for the repayment of loans and interests during the pandemic and urged them to reschedule the payment timeframe considering the situation where customers’ livelihoods and businesses are very vulnerable. “We don’t demand immediate payment. We know debtors...
If the factories, which run with foreign direct investment, remained close for a long time, it can result in the loss of investment, Daw Aung San Suu Kyi, the State Counsellor of Myanmar, said in her address to the people explaining the situation of the pandemic in Myanmar. “If the...
U Thein Swe, the Union Minister of the Ministry of Labour, Immigration and Population, has pledged during the meeting with representatives from labor unions and officials from the UMFCCI, that he will convince the landlords to postpone the monthly payments for apartments or lodging houses. “The Yangon Regional government will...
The Ministry of Health and Sports will allow the CMP factories as well as small and medium enterprises to resume the operation if they meet all the requirements of COVID-19 prevention and get an A-rating for preparedness.  To curb the spread of the COVID-19, the government issued a Stay-at-Home order...
Carlsberg Myanmar announced today that it has achieved yet another milestone of work safety by completing six years without Lost Time Accident (LTA) for its Bago brewery. As a company that sets the highest standards for health, safety, and environment, this is not the first time Carlsberg Myanmar has...
KBZ Bank and Tranglo, a cross-border payment hub, have formed a remittance partnership to facilitate inbound foreign money transfers directly into the accounts of KBZ Bank customers. Approved by the Central Bank of Myanmar, this service allows Myanmar workers in countries such as Malaysia, Singapore, and South Korea to...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Myanmar Investment Commission at its meeting held online on September 29 has approved seven investments that will create 4,915 jobs for local people.   It approved investment extension from four existing businesses and seven new investments in manufacturing, real estate, hotel and tourism, and service sectors bringing in $347.85...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Daw Aung San Suu Kyi, the State Counsellor of Myanmar, said in her address to the country on September 25 that the country has managed to hold its economy from a downturn even though it is struggling due to the COVID-19.  “Some of our people are concerned about...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Despite the pandemic which has caused disturbances in trade flow, Myanmar foreign trade is in the good shape thanks to the healthy demands for agricultural products, according to the Ministry of Investments and Foreign Economic Relations.  Myanmar started to feel the impact of the COVID-19 earlier this year...