Page No.
Ygn Gov’t strives to implement industrial zones in outskirts
May 14, 2020
YANGON-As there are 12 Townships situated in municipal outskirts in Yangon Region, plans are underway to establish industrial zones in 11 Township except Coco Island, says Yangon Region Chief Mini... 189

CB Bank won three prestigious awards from Asiamoney for 2020
May 14, 2020
CB Bank continues to garner more awards for its achievements in delivering financial services since 1992, as Asiamoney, the international finance magazine, named the bank (1) Best Digital Bank 2020,... 186

Myanmar negotiates for funds to rescue embattled economy
May 07, 2020
The government is negotiating for foreign aid and assistance from the World Bank, Asian Development Bank and International Monetary Fund (IMF) to help it implement a stimulus plan aimed at providing... 240

More than 1,800 Yangon Factories to Reopen After Passing Myanmar’s COVID-19 Tests
Apr 30, 2020
Yangon – More than 1,800 factories in Yangon have been permitted to resume their operations after complying with official COVID-19 preventative measures, said Yangon Region’s Ministry for Immig... 293

Fish market demand decline during COVID-19 period
Apr 30, 2020
The drop in demand of the local fish market has worsened during COVID-19 period according to the general secretary Win Kyaing of Myanmar Fisheries Federation on April 27. In the fishing sector,... 276

Yuzana Plaza plans to reopen after April 30
Apr 25, 2020
Yuzana Plaza will be reopened after April 30 although it was initially planned to be reopened on April 24, said MP Hla Htay of No.1 Mingala Taungnyunt Constituency. The decision is made after a... 299

Vatel Thailand's BBA Provides Strong Footing For Hotel Managers and Entrepreneurs Alike, Dean says
Apr 20, 2020
Whether planning a career in international hotel and tourism management or setting up a boutique hotel, restaurant or cafe, a course providing the right balance between theory and hands-on experien... 398

Factories in Bago region to close until end-April
Apr 20, 2020
Bago Region Industrial Zone Management Committee released a statement that the factories in the region will suspend its operation until 30 April in the awake of COVID-19, state media reported. ... 271

COVID-19 hinders mangoes market near Myanmar -China border
Apr 08, 2020
“We have begun to export mangoes to China again but the Chinese government announced people will not be allowed entering their country. So, we could not sell mangoes in Muse. We are forced to s... 385

Loans approved from COVID-19 fund for 400 small firms
Apr 06, 2020
The Myanmar Investment Comission (MIC) says it will be issuing emergency loans to around 400 small businesses that have suffered financial losses due to the COVID-19 pandemic sweeping the world. &... 423

Myanmar relies on 90 per cent medical stuff import
Mar 28, 2020
Yangon-Myanmar has to import as much as 90 per cent of medicines and medical equipment from other countries, said U Zaw Moe Khaing, Chair of Myanmar Pharmaceutical & Medical Equipment Entrepre... 404

Myanmar’s Central Bank Says Banking Will Continue Despite Coronavirus
Mar 26, 2020
YANGON — Myanmar’s central bank has reassured citizens that banking services will not stop, including mobile banking and cash machines, amid the COVID-19 pandemic. The Central Bank o... 464

No significant impacts on green gram export market
Mar 23, 2020
Yangon--Despite the temporary suspension of green gram exports to Covid-19-affected European countries, the export market has not seen big impacts yet, according to Myanmar Pulses, Beans and Sesam... 398

Central bank revokes Asia Yangon Bank’s license
Mar 18, 2020
The Central Bank of Myanmar (CBM) revoked the license of Asia Yangon Bank Ltd on the evening of 16 March due to the breach of existing laws, according to the CBM’s statement on 16 March. ... 524

Over 10,000 workers jobless after factory closures in Yangon
Mar 16, 2020
Yangon--The number of jobless workers has soared to over 10,000 after the closures of 27 factories in Yangon Region, according to the Department of Labour. There are 29 industrial zones in Yang... 479

Myanmar Central Bank Cuts Rates, Business Circle Says Move Falls Short
Mar 14, 2020
YANGON—The Central Bank of Myanmar has announced a 0.5 percent reduction to interest rates, in what the bank says is a move to spur economic growth. But bankers and businesses have said that ... 397

Fish auction market to be established in Kawthoung
Mar 10, 2020
As the existing fish auction markets in Taninthayi Region are not successful, a new fish auction market will be built in the town of Kawthoung, said Min Lwin, president of Kawthoung District Fishe... 504

11 Factories in Myanmar Close Due to Lack of Orders, Raw Materials
Mar 05, 2020
YANGON – Thirteen factories in Yangon and Bago regions have closed or cut back staff in Myanmar since January due to factors like a lack of raw materials, no orders and no buyers, according t... 548

Sagaing produces over 3,000 tons of honey per year
Feb 29, 2020
Honey production in Sagaing Region exceeds 3,000 tons per year, accounting for around 70 per cent of the total honey production in Myanmar, said head of Kalay Township Beekeeping Department U Kyaw... 466

Myanmar’s new barcode expected to help exporters
Feb 28, 2020
Myanmar launched the GS1 Myanmar barcode, an internationally recognised standard that is expected to facilitate exports, at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFC... 539

Copyright © BurmeseClassic 2020 All right Reserved.