TT

Traders expect better business on wider trade financing options

March 20, 2018 by Thiha

Now that the Central Bank of Myanmar (CBM) has allowed a total of seven foreign banks to provide trade financing services in Myanmar, traders are anticipating much better business in the months ahead. Last December, the CBM permitted 13 foreign banks to apply for approval to offer trade financing services in the country. Since then, […]

Filed Under: Latest News Tagged With: a local timber businessman, a rice exporter, Australia and New Zeland Banking Group, Bangkok Bank Public Company, Bank of Tokyo-Mitsubishi UFJ, Buyer, CBM, CBM Vice-Governor U Soe Thein, Central Bank of Myanmar, cheaper price, CIF, Cost, E. Sun Commercial Bank, Export sector, financing options, FOB, foreign bank branches, Foreign Banks, Free On Board, importer, Industrial and Commercial Bank of China, Insurance and Freight contracts, Interest Rates, international-standard trade, LC, Letter of Credit, Loans, Local Banks, low interest rates, Malayan Banking Berhad (Maybank), Mizuho Bank, Myanmar ports, Myanmar Times, Myanmar trade sector, Oversea Chinese Banking Corporation, Shinhan Bank, State Bank of India, Sumitomo Mitsui Banking Corporation, Telegraphic Transfer, The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), trade financing services, Traders, TT, U Kyaw Kyaw Win, U Nay Lin Zin, United Overseas Bank

Can the central bank’s new guard save businesses in Myanmar?

August 7, 2017 by Thiha

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 […]

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

Myanma Timber Enterprise to invite open tender for Teak Logs & Conversion; Closing Date: October 24th, 2014

October 17, 2014 by thiha

Subscribe to our tender alert mailing list Export Marketing & Milling Department Open Tender Sales Notice October 24-10-2014 Notice for Open Tender Sales Myanma Timber Enterprise will sell Teak Logs and Conversion by competitive bidding. Particulars of the Open Tender Sales are as follows: Open Tender No: OTC-07/2014-15 SOTC-06/2014-15(F-8)(Ex-site) Date: 24-10-2014 Time: (1:00)P.M Place: Tawwin Hall […]