Month: January 2022

According to the YSX Annual Report, the Yangon Stock Exchange (YSX) traded less than 8 billion kyats in 2021 compared to the same period last year. In 2021, the value of shares traded was 4.3 billion kyats, down from 12.6 billion kyats in 2020, about 8.3 …

The Yangon Region Urban Transport Supervision Committee (YRTC) has announced that a special YBS driver training course will be launched in February to operate the YBS vehicles operating in Rangoon. Due to the need for drivers in YBS vehicles, the Special Driver Training Course No. (1/2022) …

The World Bank estimates that poverty in Myanmar is twice as prevalent as Kovis-19. The World Bank says poverty has more than doubled since before the outbreak of Kovis-19, especially as recent events have hit many places, including the poor, who have run out of resources. …

Myanmar’s economy is projected to grow by just 1 percent in 2022, according to a January 26 report. The World Bank says that while some sectors are showing signs of stabilizing, the forecast reflects that the Burmese economy is extremely weak. World Bank Myanmar “For most …

The Lweje-Laring border checkpoint was opened, but hundreds of cars were stranded. Traders and truck drivers say they have not been allowed to leave yet. “There are more than 100 Chinese cars left,” he said. We, the Burmese car, have about 370 cars left in Laing. …

Lwe Jel: Traders and farmers on the Chinese side of the border protested on January 20 due to delays in managing the flow of goods on the Chinese side, according to border traders. “They are protesting. The building is very high. The building is more than …

A lucky winner of the National Unity Government (NUG)’s lucky winner of the’s last spring’s opening lottery’s show has donated all of his prize money. The lottery ticket number 0210290089, which won a special prize at the opening ceremony of the spring lottery in December, donated …

The local gold price, along with the dollar and world gold prices, rose to 188,000 kyats per kyat on the morning of January 20. In the past, gold prices rose sharply due to a lack of trust in the kyat, but now gold prices are soaring …

The United Nations Development Program (UNDP) estimates that nearly half of Burma’s population will fall into poverty early next year due to the economic downturn caused by the Kovis epidemic and the military coup over the past five years. With a daily income of 1,590 kyat …

According to the Indian government’s foreign trade policy, pulses, Imports of green peas and pulses were originally scheduled for the end of October, but have now been extended for another two months until the end of December. According to Indian media reports, the import of pulses …

In the first two months of the 2021-2022 half-year budget, more than 500,000 tonnes of Burmese rice and broken rice were exported, according to the Myanmar Rice Federation. According to the Myanmar Rice Federation (MRF), 32 companies exported more than 210,000 tonnes of rice and broken …

  According to tour operators, the number of domestic tourists in Burma has increased significantly during the current winter tourist season, compared to 2020. Domestic tourism has declined sharply since last year after the military coup, when domestic tourism resumed in the aftermath of the first …

Traders are demanding that the roads in the Kinchaung Economic Zone be reopened and reopened to speed up trade on the Burma-Bangladesh border, but that they be rehabilitated so that they can be used for a long time. Traders say the Kinchaung economic zone has resumed …

The Department of Commerce under the Ministry of Commerce has announced that it will resume accepting applications for car import licenses from car dealerships in Burma from January 3, 2022. But it’s a new car, An owner of a car dealership told DVB that the import …

A lucky winner of the National Unity Government (NUG)’s lucky winner of the’s last spring’s opening lottery’s show has donated all of his prize money. The lottery ticket number 0210290089, which won a special prize at the opening ceremony of the spring lottery in December, donated …

Burmese traders are facing losses as the Bangladeshi government raises import tariffs on onions and onion exports are declining. Burmese traders on the Maungdaw border are facing losses as tariffs on imported onions have been raised to help farmers grow onions in Bangladesh this open season. …

According to the Yangon Region Gold Entrepreneurs’ Association, the price of one kyat of academy gold rose to 1,877,500 kyats on the afternoon of January 11. In the evening, the price dropped to 186,000 kyats and the price per unit was 8,500 kyats. In the morning …

In March 2019, deposits in state-owned banks and personal banks exceeded 43,226 billion kyats, in comparison with 236 billion kyats within the earlier three months. In accordance with the Quarterly Monetary Statistics Bulletin (2019 Quantity I) launched by the Central Financial institution of Myanmar, deposit deposits …

To produce battery-powered electric car in Bago Region Bago Region Chief Minister U Myo Swe Win said he wanted foreign investors to be invited. He made the remarks at the fourth meeting of the Bago Region Investment Committee (4/2021) held on October 27. Manufacture of battery-powered …

By the end of March 2020, Myanmar citizens will be allowed to invest more than 20,527 billion kyats. Manufacturing; Transportation; According to figures released by the Myanmar Investment Commission, most investments are in hotels, tourism and construction. A total of 1,700 businesses by Myanmar investors have …

On December 6, the world dollar index was around 96 points and the exchange rate was around 1,788 kyats per dollar, but it was selling at around 1,860 kyats per dollar, according to foreign currency traders. Although the exchange rate is around 1,700 kyats per dollar, …

Every Loan Creates a Deposit. There is a bank saying. A loan from a bank is a return to a bank as a deposit. Why? People do not want to hold a big bag of banknotes for long because of five enemies. So, every time the …

The domestic avocado market is expanding as avocados are being traded online According to U Myo Nyunt, vice-chairman of the Myanmar Avocado Growers ‘and Exporters’ Association, the change in the online quality of avocados to sell with a quality assurance system has boosted consumer confidence and …

Along with the RCEP, the CPTPP is a complete cooperation settlement. The Complete and Progressive Settlement on the Trans-Pacific Partnership (CPTPP) is the East Asia Settlement concluded beneath US President Donald Trump. President Donald Trump has withdrawn from the CPTPP, previously referred to as the Trans-Pacific …

As of the end of December 2020, the value of foreign investment in the Thilawa Special Economic Zone in Thanlyin Township, Rangoon Region, was about US $ 1.4 billion, according to figures released by the Directorate of Investment and Company Administration (DICA). According to DICA’s end-of-year …

Aye Chan, chairman of the Myanmar e-commerce Association, said that the provisions of the cyber security bill could be detrimental to e-commerce businesses, which are digital business steps, and that the provisions of the bill need to be amended for e-commerce development. “It’s good to be …