Month: March 2020

Source : Myanmar Times (Click “here” to see original article) | Author : Tint Zaw Tun This story has been updated at 6:45pm on March 31. Update 1: Workers at the Yoma Central project gathered Tuesday at the entrance of the construction site in downtown Yangon to demand paid leave during the Thingyan holiday, despite […]

Source : Deal Street Asia (Click “here” to see original article) | Author : Quynh Nguyen, Sarah Yuniarni Myanmar-based e-commerce startup Ezay has raised $200,000 in a funding round led by Seiji Kurokoshi. In a separate development, Eatsy Indonesia, a local unit of Singapore-based food ordering and payment mobile app, has suspended operations due to […]

Source : Myanmar Times (Click “here” to see original article) | Author : Yee Ywal Myint Industry insiders say that the country’s construction sector has slowed by around 30 percent due to the COVID-19 pandemic. “There are construction projects that have been suspended due to a shortage of imported building materials and some have been […]

Source : Myanmar Times (Click “here” to see original article) | Author : Yu Wai Some small and medium-sized enterprises (SME) have started suffering from the effects of coronavirus outbreak, business owners say.  “It has already affected the country’s economy very much. Especially, hotels. As they have lost customers, they have no money to pay […]

Source : Myanmar Times (Click “here” to see original article) | Author : Thiha Ko Ko Myanmar enacted a new insolvency law on March 25, a month after receiving Parliament approval. The new legislation will facilitate the government in managing and dealing with cases involving insolvency in Myanmar and is expected to strengthen the business […]