Would you like to save your money in a place which offers the highest interest rates in Myanmar and take interest every month? This is the introducing of Myanma Apex Bank’s (MAB) Better Savings which enables the depositor to earn income with the highest interest rate monthly. Better Savings is the kinds of Savings Deposit […]
Read MoreThe government is considering a US$24 million bail-out plan to help Myanmar National Airlines (MNA) cover its operational expenses, U Win Khant, Permanent Secretary of the transport ministry, said during a Myanmar tourism forum on June 1. “The situation at MNA is pretty bad and the airline could require state protection to remain solvent,” said […]
Read MoreThe Japanese International Cooperation Agency (JICA) will commence preliminary studies for the construction of a deep-sea port at Dawei Special Economic Zone (SEZ) this year, officials of the Dawei SEZ Committee said. “JICA first proposed the study in December 2019 but the process was waylaid by COVID-19. But we discussed the subject again on May […]
Read MoreMyanmar will exert more discipline and control over investors holding land earmarked for industrial zones under a new Industrial Zone Law passed by Parliament on May 27. Under the law, businesses which have received land plots targeted for industrial zones must submit a six-month project plan along with a date of completion to the authorities. […]
Read MoreThe Ministry of Electricity and Energy is facing pressure from key private sector bodies and embassies over its plans to rush through a 1GW solar tender in the middle of the pandemic. On May 25, the American, British and European chambers of commerce submitted a letter to the ministry highlighting their concerns and asking for an […]
Read MoreThe e-payments space has been one to watch during the past 10 years in Myanmar, with Onepay’s interbank app being the most recent innovation to reach the market. Launched earlier this month, Onepay’s mobile platform allows users to transfer funds among seven local institutions – Asia Green Development Bank (AGD Bank), Ayeyarwady Bank (AYA Bank), […]
Read More
Thailand
