Interest rate Archives

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CBM cuts interest rates for the 3rd time to support economy

The Central Bank of Myanmar (CBM) will cut interest rates for the third time this year to support the country’s economy amid the COVID-19 outbreak, state-run media quoted a statement of the central bank on Wednesday. According to the statement,

Central Bank of Myanmar revisits the lending rates

Pursuant to the terms of the Central Bank of Myanmar law, on 15 January, 2019, Central Bank of Myanmar (CBM) issued a Directive no. 1/2019 (“Directive”) in respect of the amendment of lending rates. The amendment as set out in the Directive shall

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: Interest rate

CBM cuts interest rates for the 3rd time to support economy

Central Bank of Myanmar revisits the lending rates

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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