No need to be worried about bank loan rumours: CBM

No need to be worried about bank loan rumours: CBM

The public has nothing to be concerned about the unfounded rumours of runaway non-performing loans (NPLs) at local banks, according to CBM.
MMK 3 trillion more expected from higher power tariffs

MMK 3 trillion more expected from higher power tariffs

The government expects to collect MMK 3 trillion more from the electricity generation in fiscal year 2019-2020 as tariffs have increased.
USD 1 billion smart city project kicks off with agreement

USD 1 billion smart city project kicks off with agreement

The Ministry of Construction and Thailand’s Amata Corp signed a framework agreement to jointly develop the Smart and Eco City in East Dagon township
Chinese firm in talks to develop industrial zone

Chinese firm in talks to develop industrial zone

A Chinese firm is the latest foreign investor to express an interest to develop an industrial zone in Hlaing Thayar township, Yangon Region.
Domestic gold prices reach a high

Domestic gold prices reach a high

Domestic gold prices have hit a high of MMK 1,241,700 per tical, up almost 1 percent since last week and as much as 18 percent since April
CB Insurance and Thai Life signs JV agreement

CB Insurance and Thai Life signs JV agreement

Yangon-based Citizen Business Insurance Public Ltd (CB Insurance) has formalised a joint venture with Thai Life Insurance PCL (Thai Life)