Border trade (Tamu) between India and Myanmar will resume as soon as possible in accord with the guidelines of the Ministry of Health and Sports. “The union minister for commerce urged the resumption of border trade in line with the Covid guidelines and rules by making bilateral communications. In the coming week, the regional government […]
Read MoreThe annual rate of inflation in Myanmar, based on the Consumer Price Index, continued dropping to 5.21 per cent in October 2020 as consumer price fell amid the COVID-19 impacts, according to the inflation report released by the Central Statistical Organization, under the Ministry of Planning, Finance and Industry. There was a slump in consumer […]
Read More2C2P, a payment platform, and KBZPay, the leading mobile wallet in Myanmar, have established a partnership to expand the digital payments network in Myanmar. The partnership will bring together 2C2P’s online payment systems and KBZPay’s mobile wallet technology to open up new possibilities for people in Myanmar to transact with global and local businesses. In […]
Read MoreCentral Bank of Myanmar, which has been purchasing US dollar earlier this year, sold $3 million on December 14 at the rate of K1,372.2 per dollar. On the same day, dollar was traded around K1,365-1,370 in the domestic market. Myanmar Kyat against US dollar has been strong since the begining of 2020 and […]
Read MoreYANGON: Investment capital of over US$199mil from permitted foreign enterprises have entered Myanmar in the first two months of the present fiscal year 2020-2021 which started in October, according to figures issued by the Directorate of Investment and Company Administration (DICA) yesterday. From Oct 1,2020 to Nov 30 of this fiscal year, the Myanmar Investment […]
Read MoreThe Big Bad Wolf Book Sale, the World’s Biggest Book Sale, will be returning to Myanmar from December 23rd to 30th December 2020 – but this time the event will be held entirely online at the Big Bad Wolf Book Sale’s official website. Redesigned to cater to the current need for safe browsing, the Big […]
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