The Yangon West District Court, on January 26, rejected the dissolution of Myanmar Brewery, a joint venture between Japanese brewer Kirin Holdings and Myanma Economic Holdings (MEHL).
"The Order upholds Kirin Holdings’ position that the Petition should be dismissed because the statute on which the Petition is based is incorrect....
Prudential Myanmar Life Insurance Limited (Prudential Myanmar) has introduced PRUHealth, a health insurance to combine financial protection, illness prevention, and wellness improvement. PRUHealth also offers additional insurance coverage to safeguard customers during the COVID-19 pandemic.
“PRUHealth is the first health insurance solution of its type in Myanmar and is designed...
The dollar rate has been strong against Myanmar Kyat since the military coup reaching over K1,700 per dollar on August 11. This is the second time that the dollar rate against Myanmar Kyat reached over K1,700 within six months after the coup compared to K1,355 per dollar before the...
The Central Bank of Myanmar has now allowed Baht as an official settlement currency for Thai-Myanmar border trade, according to its announcement on March 3, 2022.
The move aims to improve trade between the two countries, streamline the payment and trading as well as to increase the use of local...
Japanese drinks giants Kirin Holdings booked an impairment loss of over 21.4 billion yen ($193 million) in the six months through June on account of its beer production businesses in Myanmar.
But it is not planning to exist in Myanmar, Reuters reported quoting senior executive officer Toru Yoshimura from Kirin,...
Written by Rajan Acharya
There was a time in Myanmar around 2002 the internet was only available in selected major cities costing K 500-1500 for 1 hour the connection is normally slow and often interrupts. Those painful days are in the past, now the internet is easily accessible through the...
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...
New Yangon City Development Project has received 16 Expressions of Interests (EOI) submitted by companies and consortiums from nine countries in the Swiss Challenge for the first package of works launched on October 15, 2020, by the Swiss Challenge Tender Committee.
It is the Committee’s objective to apply a structured...
The skyrocketing gold price in Myanmar today has dropped by around K200,000 per tical within hours after reaching over MMK2.2 million in the morning before dropping to K2 million in the afternoon before the local gold market is closed. A tical of gold is equivalent to 16.32 grams or...
Yoma Bank and Mastercard, on June 18, signed an MoU that will enable the bank to substantially expand its digital offerings and accelerate the advancement of Myanmar’s digital economy.
The E-commerce industry, still at the nascent stage, is booming amid the pandemic as users turned to online shops and delivery...