Among the nominees for deputy governor are economist and retired Budget Department of the Ministry of Planning and Finance officer U Soe Thein, incumbent deputy governor U Soe Min and existing member of the board U Bo Bo Nge. Meanwhile, the newcomers to the Board include former deputy director general of the Union Attorney General’s […]
Can the central bank’s new guard save businesses in Myanmar?
August 7, 2017 by Thiha
Filed Under: Latest News Tagged With: AMRO, ASEAN+3 Macroeconomic Research Office, Budget Department, central bank, central bank regulations, central bank’s monetary policy, Central Statistical Organisation, DBS Bank, Deputy Director General, Deputy Governor, deputy governor U Soe Min, economic development, Economist U Khin Maung Nyo, entrepreneurs, Exchange Rate, Foreign Banks, Foreign Exchange, former director of the Union Attorney General Office Daw Yi Yi Win, former finance deputy general manager U Soe Paing, former prorector of the Yangon University of Economics Daw Khin May Hla, freelance banking and investment advisor U George Soe Win, Germany, High interest rates, Japanese International Cooperation Agency, KfW Development Bank, LC, Letter of Credit, Local Banks, LOGISTICS, member of the board U Bo Bo Nge, Ministry of Commerce, Myanmar, Myanmar exporters, Myanmar merchants, Myanmar Rice Federation, Myanmar Times, officer U Soe Thein, Pyidaungsu Hluttaw, singapore, Small- and Medium-Sized Enterprises, SMEs, telegraphic transfers, the Ministry of Planning and Finance, TT, Union Attorney General’s Office U Myint Thein Tun, US dollar, US rise, vice-chair Dr Soe Tun
Traders wish for negotiations with Chinese for blocked bank accounts
June 20, 2017 by Thiha
Traders want the State to enter into negotiations with the Chinese government over 1,000 bank accounts of Myanmar merchants which are frozen by Chinese banks, merchants said. The Chinese government blocked the bank accounts which are used in transactions in the course of taking actions against illegal importers from Myanmar and Viet Nam. The bank […]
Filed Under: Latest News Tagged With: Africa, ASEA N countries, Bank accounts, blocked bank accounts, Chinese, Chinese banks, Chinese government, cultivation cost, domestic market, Dr Soe Tun, drug, Europe, Exports, G to G agreement, government to government, illegal importers, MRF, Muse border trade gate, Myanmar, Myanmar merchants, secretary of Muse Rice Merchants Association, SME entrepreneurs, State Counsellor’s office, Tax, The Myanmar Rice Federation, the vice chairman of MRF, Traders, U Yin Sein, Viet Nam, watermelon exports, World Trade Organisation