Month: April 2020

Source : Myanmar Times (Click “here” to see original article) Rice exports will resume in May at regular volumes of 150,000 tonnes for the month of May, the Myanmar Rice Federation (MFR) announced on April 28. 100,000 tonnes will shipped overseas while the remaining 50,000 tonnes will be traded at the border. More than 2 […]

Source : The Irrawaddy (Click “here” to see original article) Yangon — The Union of Myanmar Travel Association (UMTA) has predicted that more than half of the people employed in the hotel and tourism industry may lose their jobs because of COVID-19. As all hotels and tour operators have been forced to suspend operations, many […]

Source : Myanmar Times (Click “here” to see original article) Hayman Capital Pte Ltd has been awarded “Fastest Growing Microfinance Company Myanmar 2020” by Global Banking & Finance Review® on 17th April 2020. And the Acting CEO & CFO of Hayman Capital Co., Ltd has also been awarded “Non-Banking Financial Institutional CFO of the Year […]

Source : Myanmar Times (Click “here” to see original article) Even before COVID-19 hit Myanmar, businesses in the commercial capital were struggling. Ko Thaw Zin, who runs his own restaurant in Yankin township, struggled with a shortfall in revenue due to dwindling tourist arrivals as well as rising costs brought about by a government move to […]

Source : The Irrawaddy (Click “here” to see original article) 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 Immigration and Human Resources. On April 19, the Ministry of Labor ordered that factories could only reopen after […]