Economic liberalisation came relatively late to Myanmar, but the country has been working hard to make up for its slow start. Following a military coup in 1962, the country was governed by an oppressive dictatorship and subsequently experienced the ignominy of being rated one of the least developed and most corrupt nations in the world. […]
CB Bank successfully adapting to meet the needs of a new generation
May 8, 2018 by Thiha
Filed Under: Latest News Tagged With: Agent Banking Service, Asian Development Bank, ATM network, Banking Sector, CB Bank, CB Bank QR code, CB Mobile Banking, China UnionPay, digital payments, euros, Financial Institutions Law, Foreign Banks, foreign investment, Grab, Head of Cards and Merchant Services, Head of Transaction Banking, international travellers, Ko Wai Phyo Aung, Ko Zay Yar Aung, Loans, mastercard, military coup, mobile phones, Myanmar, NGOs, President Htin Kyaw, private enterprise, secure private connection tunnel, SMEs, Switzerland, Uber, US and Singapore dollars, visa, World Finance
Trade on the rise, more FDI needed: U Ye Min Aung UMFCCI VP
July 12, 2017 by Thiha
U Ye Min Aung, vice president of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry, told the Global New Light of Myanmar his views on Myanmar’s economy in an exclusive interview. Q: Please tell us about the current economic situation in Myanmar? A: At the present period, global economy […]
Filed Under: Latest News Tagged With: Agriculture development, agriculture sector, asean, Association of Southeast Asian Nation, Bangladesh, China, current economic situation, Dawei, domestic banks, economic development forum, Electricity Sector, Exchange Rate, export promotion, export revenues, FDI, Fisheries, foreign investment, foreign investors, garment Sectors, global cooperation, Global New Light of Myanmar, import, industrial development, international loans, International Markets, Japan International Cooperation Agency, JICA, Kyaukpyu, Laws, low-income households, mandalay, Mandalay Electricity Supply Corporation, master plans, Mawlamyine, mining, Myanmar, Myanmar Agricultural Development Bank, OECD, Pathein, private enterprise, private entrepreneurs, private sector, Regional Government, road transport infrastructures, Sittway, Small- and Medium-Sized Enterprises, SMEs, soft loans, Taunggyi, Tax Rates, tax system, Thailand, the Organisation for Economic Co-operation and Development, the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry, traffic and urban problems, U Ye Min Aung, UMFCCI, Union Government, Vice-President, Yangon, Yangon Electricity Supply Corporation, Yangon Port
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