Business
January 30, 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 …
Business
January 29, 2022
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) …
Business
January 29, 2022
Myo Myint, chairman of the Yangon Region Gold Entrepreneurs’ Association, told the Myanmar Platform that a permit was still being applied for a Safe Keeping Receipt (SKR) law to sell paper gold through banks. “SKR application has not been rejected yet. Still applying When we get …
Business
January 29, 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. …
Business
January 26, 2022
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 …
Business
January 25, 2022
In Yangon’s passenger sector, card payment was introduced in July 2020 on designated routes. However, the use of tolls has been virtually non-existent since the coup d’état took place in February last year. YBS buses are less regulated and more spacious. There has been an increase …
Business
January 23, 2022
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. …
Business
January 23, 2022
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 …
Business
January 22, 2022
Indawgyi Lake in Mohnyin Township, Kachin State, has seen a decline in fishing, according to local fishermen. According to a local fisherman from Indawgyi Lake, the catch is declining year by year compared to about 10 years ago. “Fish catching is declining year by year,” he …
Business
January 22, 2022
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 …
Business
January 21, 2022
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 …
Business
January 18, 2022
“Currently in Burma, by the end of this year, my own design, Daung Lan, Myanmar Dylan Club with traditional Myanmar style and system. The lanterns I make, the luminaries and the luminaires are in high demand, and they have the same taste. There are no such …
Business
January 18, 2022
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 …
Business
January 18, 2022
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 …
Business
January 18, 2022
The Myanmar Oil Traders and Oil Entrepreneurs Association announced today that it will sell palm oil at a cheaper price. The association will sell only the equivalent of 3,700 kyats per pound at the wholesale price, as the central bank has sold foreign currency directly to …
Business, Finance
January 16, 2022
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 …
Business
January 16, 2022
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 …
Business, Finance
January 16, 2022
The Pakokku Onion Commodity Exchange hit a record high of 47 lakh pisa in the summer onion harvest in November, leaving traders and stalls at a loss. In previous months, I spent 10 lakhs a month. According to the owners of the Pakokku Onion Festival, only …
Business, Finance
January 16, 2022
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 …
Business, Finance
January 16, 2022
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 …
Business, Finance
January 16, 2022
Norwegian telecom operator Telenor has agreed to sell a 51 per cent stake in Wave Money, one of Myanmar’s largest mobile payment services, to its partner Yoma Strategic Holdings Group, which is listed on the Singapore Stock Exchange, according to Nikkei Asia. Wave Money is valued …
Blogging, Finance
January 14, 2022
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 …
Business, Finance
January 14, 2022
Instability of the kyat after the military coup; Real estate prices in Monywa, Sagaing Division, have skyrocketed due to the collapse of the banking system. A real estate agent in Monywa says people are increasingly buying more solid land because they do not want to keep …
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 …
Business
January 12, 2022
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 …
Business
January 12, 2022
According to pulses traders in Bayintnaung Market, India has allowed an increase in the import of 250,000 tonnes of jute, which has jumped by more than 100,000 kyats per tonne to around 1230,000 kyats per tonne FAQ. In the 2019-2020 fiscal year, India’s import quota will …
Business
January 12, 2022
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 …
Business
January 12, 2022
The Central Bank of Myanmar bought $ 35.6 million in a foreign exchange auction in August and bought $ 214.5 million from January to the end of August 2020, according to the Central Bank of Myanmar. The central bank will raise $ 3.8 million on August …
Business
January 12, 2022
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, …
Business
January 12, 2022
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 …
Business
January 11, 2022
Winter and sunflower fields, an oil crop, are thriving in Moenae Township Most of the villages in Moenae Township, Linkhae District, southern Shan State, are experiencing winter sunflower cultivation, an oil crop, and are hoping to get sunflower seeds and good prices at harvest time, according …
Business
January 11, 2022
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 …
Business
January 10, 2022
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 …
Uncategorized
January 10, 2022
Kyaw Than, chairman of the Myanmar Thanakha Association, said that although the Myanmar Thanakha Association had repeatedly asked the Department of Consumer Affairs to ban the import of cosmetics under the name of Thanakha, it was not significant. “The Department of Consumer Affairs was established once …
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 …
A new efficiency mode is one of the most notable features. When it detects that your device’s battery is low, the function switches to efficiency mode. When you switch to efficiency mode, your system’s resource utilization, such as CPU and RAM, is lowered, resulting in longer …