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The export value of Myanmar through border trade decreased USD $ 66 million during 2019 – 2020 fiscal year

The number of Myanmar’s exports to the neighbouring countries through border trade showed a decrease of US$66.57 million in the last financial year 2019-2020 compared with the FY2018-2019, resulted from the trade suspension and closure of border crossings as a precautionary restriction measure for the COVID-19. The export through border trade reached $7.152 billion in […]

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Myanmar Extends Stay-at-Home Order Two More Weeks

The Ministry of Health and Sports issued an order extending the Stay-at-Home order two more weeks prohibiting employees working for CMP business. The order will remain effective until October 21 from October 8.  The Ministry, as it is fighting and preventing the Covid-19, issued the stay-at-home order on September 20 requiring all the residents in […]

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SCB sets up local bank in Myanmar

Siam Commercial Bank (SCB) has set up a bank in Myanmar after receiving a subsidiary business licence from the Central Bank of Myanmar, aiming to expand in the neighbouring market via offline and online platforms. SCB, the country’s fourth-largest commercial lender by assets, notified the Stock Exchange of Thailand on Thursday that it had registered a […]

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