MYANMAR plans to use the Russian MIR card for the direct payments between the Russian rouble and Myanmar kyat, said Maj-Gen Zaw Min Tun, SAC Information Team Leader at the 20th press conference. He stated that authorities are working to use the Russian MIR card as a payment system for business and trade activities in […]
If Ruble, Yuan and Rupee can be used instead of US dollars in world trade, the financial bullying of big countries will be overcome: SAC Chair
September 8, 2022 by
If the Ruble, Yuan and Rupee could be used instead of US dollars in the world trade, the financial abuse of big countries would be overcome, said the chairman of the State Administration Council (SAC) and Prime Minister Senior General Min Aung Hlaing. He added the above in his speech at the 7th Eastern Economic […]
Thailand, Vietnam, Myanmar deepen Russia ties to blunt economic woes
September 7, 2022 by
From wooing more Russian tourists to boosting trade, Southeast Asian nations are bolstering economic ties with Russia in hopes of curbing inflation and spurring their recovery from the COVID-19 pandemic. The U.S. and European countries have imposed sweeping sanctions on Russia in response to its invasion of Ukraine. But these efforts could be hindered by […]
Myanmar to join Russia’s financial messaging system
June 16, 2022 by
Saint Petersburg [Russia]: As Myanmar intends to join Russia’s financial messaging system (FMS), the central banks of the two countries are negotiating, U Aung Naing Oo, Minister of investment and foreign economic relations of Myanmar, said on Saturday. “Yes, we have already started negotiations with Russian banks. In particular, our delegation includes an adviser to […]
Two Chinese Airlines Start Direct Flights from Yangon
November 6, 2019 by
Yangon Aerodrome Co Ltd, operator of Yangon International Airport (YIA), has announced the launch of Qingdao Airlines’ direct flight between Yangon and Ningbo in Zhejiang, China. Qingdao Airlines will operate an Airbus A320 aircraft with the capacity for 180 passengers for the new service that will operate every Monday and Friday between Yangon and Ningbo, […]
Russia offers to help Myanmar with digital legislation, e-govt
September 24, 2019 by
Russia on Wednesday offered to support Myanmar on the digital front, with proposals to help the country draft its first cyber security law, build e-government platforms and develop smart cities. More than 70 percent of the Russian population has round-the-clock access to e-government platforms, the use of which also helps to eliminate corruption and errors, […]
Myanmar’s organic vegetables make their way to Singapore’s NTUC Fair Price
December 19, 2018 by
Organic vegetables from Myanmar have made it to the shelves of Singapore-based supermarket chain NTUC Fair Price, according to the Myanmar Fruit, Flower, and Vegetable Producers and Exporters Association (MFVP). Myanmar’s vegetables began entering cold storages in Singapore in 2017 and now, their sale has been allowed in the NTUC supermarket chain. During the trial […]
First Tourists Arrive on New Free-Visa System, 21 Western Countries to be Added
October 9, 2018 by
As an initial phase of implementing its new tourism strategy, the tourism ministry launched a free-visa system for tourists from Japan, South Korean and China’s Hong Kong and Macau on Monday. The move is likely to be followed in the coming years by the lifting of visa requirements for citizens of another 21 countries—especially western […]
How the West won and lost Myanmar
April 4, 2018 by
When former political prisoner Aung San Suu Kyi and her long persecuted National League for Democracy party won election in 2015, Western nations which maintained sanctions against the previous rights-abusing military regime cheered the democratic result and hoped for transition. Suu Kyi was subsequently feted in various European capitals, including Oslo, where she received her […]
