Negotiations for LNG power plant is ongoing

Negotiations for LNG power plant is ongoing

Total E&P, Siemens Myanmar and the government are still negotiating on a 1,230 MW LNG-fired power plant project in Kanbauk, Tanintharyi Region.
Rising interest in financial products: Visa

Rising interest in financial products: Visa

Myanmar people are receptive in adopting contactless payment methods, a study conducted by digital payments firm Visa reveals.
Maha Bawga reveals plans to list on local bourse

Maha Bawga reveals plans to list on local bourse

Maha Bawga Finance Co is in the process of changing its status to a public company in preparation for a listing on the Yangon Stock Exchange (YSX).
Myanmar to ease decades-old alcohol import ban

Myanmar to ease decades-old alcohol import ban

The Ministry of Commerce announced it would come up with draft legislation this year to relax the decades-old ban on alcohol imports.
BRAC partners with Ongo to digitise microfinance repayments

BRAC partners with Ongo to digitise microfinance repayments

Ongo, a local digital payment service provider, announced a partnership with BRAC Microfinance to fully digitise the latter’s loan repayments. 
Govt allows foreign companies to export rice and other commodities

Govt allows foreign companies to export rice and other commodities

The Ministry of Commerce (MOC) will now allow foreign and joint venture companies to export specific food and commodity items.