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Myanmar: Myanmar consumers slow to adopt debit cards

Myanmar: Myanmar consumers slow to adopt debit cards Friday, 22 July 2016 – Accustomed to cash, Myanmar’s small group of debit-card users is growing only slowly, according to bank officials, who say that bank cards are becoming more popular, but are mostly used to withdraw cash once a month, on payday. Kinks inherent in the […]

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Myanmar: New industrial law drawn up ahead of AEC

Myanmar: New industrial law drawn up ahead of AEC Thursday, 21 July 2016 – An industrial policy to bring Myanmar into the 21st century will be presented to parliament, with the aim of updating the law to equip the country to better compete in the ASEAN Economic Community. Ministry of Industry assistant secretary U Myo […]

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Myanmar: Switching trades in the rainy season

Myanmar: Switching trades in the rainy season Thursday, 21 July 2016 – Rain or shine, life goes on and so does business, but many firms and their staff are adept at making the transition from wet to dry season and back again. They have to be. Take the velvet shoe business, for instance. Nobody wears […]

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