Business News

Myanmar Metals (MYL) continues to be the best preforming stock amongst the AMI companies – appreciated 1.4% (in MMK).  However the AMI as a whole has dropped by 6.6% which was mainly attributed by a 12% decrease in Yoma Strategic Holdings (YSH).  During the same period, Kyat continues its climb against other currencies – up […]

Myanmar Times | Rations for seven million people are being prepared in Yangon in the event that current preventive measures are inadequate to contain the spread of COVID-19 and stricter or further restrictions are needed in the region. Preparations must be made to distribute food rations to households in Yangon if the current stay-home order […]

Myanmar Times | The Department of Civil Aviation (DCA) has released an announcement on September 24 notifying all international airlines that the previous temporary measures, dated 26 August, have been extended until 31 October 11:59pm. The decision was made by the COVID-19 prevention committee in order to continue to effectively control the importation of COVID-19 […]

Myanmar Times | Ba Gyi Soe Tint felt a tinge of sadness when he woke up on Tuesday to read the news. It wasn’t the ongoing toll from COVID-19 that worried him so much, but that the newspaper hadn’t been delivered to his house. He had read about the Yangon-wide stay-at-home announcement on Monday, just […]

Myanmar Times | While economic growth has not been listed as one of the top three priorities in the ruling party’s manifesto, politicians are paying more attention to the private sector ahead of the upcoming November elections compared to 2015. Investors believe the new administration, scheduled to take over in April 2021, would continue the […]