Finance Commission Archives

Thura NewsViews

Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss

Pandemic and election bump deficit to MMK 6.8 trillion

Myanmar could see a budget deficit of MMK 6.8 trillion by the end of the fiscal year, the Finance Commission announced this week. President U Win Myint, who heads the Commission, said total revenue will likely be MMK 27.8 trillion, while total expend

Yangon Govt Drops $10 Million Spending Proposals

Yangon Regional government withdraws project spending

The Yangon Region Government has withdrawn plans to spend about MMK 16 billion (USD 10.45 million) on construction projects and the purchase of a ferry. It will instead spend the money on development projects, according to an article in The Irrawaddy

Terminals, ports, logistics, liner operations disrupted
February 26, 2021
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …
Facebook, Instagram ban military and related pages with immediate effect
February 26, 2021
In a February 24th update to its February 11th statement, Facebook through its Director of …
Luxury Japanese real-estate complex called out for funding military
February 26, 2021
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …