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Myanmar: Loans approved from COVID-19 fund for 400 small firms

The Myanmar Investment Comission (MIC) says it will be issuing emergency loans to around 400 small businesses that have suffered financial losses due to the COVID-19 pandemic sweeping the world. “Over 400 businesses submitted their loan application forms on April 4, and the applicants have been determined to be genuine companies that have actually suffered […]

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Myanmar temporarily suspends rice export permits

The Ministry of Commerce is temporarily suspending the issuance of rice export permits, says a senior official with the Department of Trade. “We are just restricting the issuance of new export licences as a temporary measure until we can change to a better system. But after the new arrangements are in place, the licences will […]

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