Myanmar’s economy is expected to post muted growth this year due to the impact of COVID-19, but should rebound next year, the IMF said. In a statement, IMF projected this year’s growth to slow down to 0.5 percent, from a projected 3.2pc last year. “The economic fallout will be felt by lower income groups, SMEs […]
WavePay app reaches more than 1 million active users
November 12, 2020 by
Wave Money’s mobile payment app WavePay has crossed more than 1.1 million monthly active users with remittance value reaching nearly US$6 billion within nine months. Wave Money’s remittance value reached $5.9 billion in the first nine months of the year, representing average growth of 162 percent since January. This includes more than $13 million transferred […]
