Government will arrange international relief flights
Although the international flight ban was extended another month this week, the Ministry of Foreign Affairs announced that it would arrange relief flights for Myanmar citizens stuck outside of the country or those who need to travel outside Myanmar f
New loans announced for agribusiness
The government will soon offer new soft loans for businesses in livestock and agriculture affected by COVID-19. The fund of MMK 100 billion will go towards assisting farms, import and exporters, manufacturing and other businesses related to the produ
National debt reached USD 30 billion last year
By the end of the 2018-2019 fiscal year, Myanmar’s local and foreign debt was MMK40.8 trillion (roughly USD 30 billion), according to Myanmar’s annual debt report released last week. Speaking to parliament, U Maung Maung Win, deputy minis
Government aids ailing tourism sector
The Ministry of Hotels and Tourism (MHT) has announced measures to promote domestic travel and revive Myanmar’s struggling tourism sector. Although international flights are still grounded and may remain so for several months, MHT deputy minist
