Business News

Myanmar Times | The Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and US Information and Communication Technology (US ICT) Council for Myanmar will continue working together to develop Myanmar’s digital economy. The UMFCCI said the cooperation will ensure Myanmar does not fall behind when it comes to the digital economy sector. […]

Myanmar Times | AYA SOMPO Insurance (AYA SOMPO) and Oway Pte Ltd, have entered a collaboration that will make domestic and international travel a lot safer for Myanmar citizens. AYA SOMPO and Oway launched the newly approved comprehensive travel insurance products – AYA Go and AYA Joy. As Myanmar’s first-ever comprehensive travel insurance products, AYA […]

Myanmar Times |Restrictions in line with current COVID-19 regulations have resulted in the decline of manufacturing and new orders in Myanmar, said IHS Markit. The London-based information provider released a statement that said regulations introduced to curb the spread of the COVID-19 virus have also resulted in a record high of unfinished works. Manufacturing and […]

Myanmar Times | The Yangon Branch of Cathay United Bank (the Bank) was granted preliminary approval by the Central Bank of Myanmar in April, 2020, The President Alan Lee said “This year, despite the impact of the COVID- 19 pandemic, we have successfully established the Yangon Branch with the efforts of our colleagues in Myanmar […]

The Global New Light of Myanmar | According to the annual report released by the exchange, a total of K12.6 billion worth of 1.87 million shares by six listed companies were traded on the Yangon Stock Exchange (YSX) in 2020, a significant drop compared to 2019. Over 2.4 million shares from five listed companies, valued […]