foreign currency Archives

Thura NewsViews

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

Kyat begins new year high

After a long season of inflation, the Myanmar kyat ended 2019 at its highest level for the year. The currency strengthened to 1479 kyat per one US dollar after spending most of the year in the mid 1500s. A Myanmar Times analysis attributes the bump t

Myanmar legalizes foreign remittances

Independent cash remittance services can now receive official licenses to transfer money between Myanmar and other countries. The Central Bank of Myanmar will issue the licenses mainly to overseas employment agencies. Myanmar people have been able to

Highlights

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, …

Thura NewsViews

Tag: foreign currency

Kyat begins new year high

Myanmar legalizes foreign remittances

Upcoming Events

Highlights

Terminals, ports, logistics, liner operations disrupted

Facebook, Instagram ban military and related pages with immediate effect

Luxury Japanese real-estate complex called out for funding military

Myanmar in the Media

Thura NewsViews