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 with business suffering a severe blow. However, […]
Read MoreThe government of Myanmar has announced that it will provide a total of K20 billion to over one thousand businesses, who applied for the loans from the Committee for Remedying the Impacts of the Coronavirus Disease 2019. As the second batch of the loan, the committee will provide K20.775 billion to the selected 1,041 businesses […]
Read MoreThe Ministry of Planning and Finance issued an order on September 22 extending the deadline for tax payment on the unassessed income for the 2019-2020 fiscal year until December 30. The previous deadline was September 30, which is the end of the 2019-2020 fiscal year. However, the Myanmar Economic Bank, which receives tax payment, was […]
Read MoreThe Department of Disease Control (DDC) is keeping a close watch on Myanmar cities that border Thailand after learning the country on Wednesday reported 592 new cases of Covid-19. The coronavirus disease situation in Myanmar is a great concern, so business operators should stop hiring foreign workers, especially Myanmar people, to help prevent a second wave […]
Read MoreMyanmar’s extension of the Yangon lockdown for another 14 days after a record daily jump in Covid-19 cases is unlikely to affect border trade with Thailand. Yet a negative impact is inevitable if the lockdown measures are extended beyond that period and cover more areas, said Niyom Waiyaratpanich, vice-president of Thai Chamber of Commerce. Myanmar […]
Read MoreWith COVID-19 seemingly worsening across Myanmar, and the uncertainty of what changes the coming election may bring, there has never been a more crucial time to focus on the financial stability of the country. The key to ensuring stability and safeguarding our future is FDI in Myanmar. But this isn’t about encouraging new investment, it’s […]
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