Myanmar
Vai alla Scheda Paese »A good character is more valuable than gold.
— Burmese proverb
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Kirin offloads Myanmar beer business over coup
Kirin said that a share buyback agreement worth about ¥22.4 billion ($164 billion) had been reached to transfer its 51% stake back into the subsidiary.
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Myanmar exempts foreign entities from exchange rules after business outcry
Myanmar's central bank has announced a broad exemption of foreign entities from a controversial new policy requiring foreign exchange to be converted into local currency, a rule that triggered panic among business groups and residents.
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Myanmar central bank says FX deposits must be converted into local currency
Foreign exchange earned by locals in Myanmar must be deposited in accounts at licensed banks and exchanged for the local currency within one working day, the central bank said, as the country's military authorities seek more control over foreign currency flows.
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Telenor completes Myanmar business sale
OSLO: Telenor will receive payments for the sale of its Myanmar operations over the next five years, the Norwegian telecoms company said on Friday as it announced the completion of the transaction.
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Myanmar to accept baht for border trade transactions
Myanmar will start accepting the baht for settling border trade transactions and is also looking at a similar plan to use the Indian rupee for such trade, the ministries of information and investment said on Tuesday.
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EU sanctions Myanmar oil firm for providing resources to junta
The European Union imposed fresh sanctions against Myanmar’s military regime, focusing on a lucrative state-owned oil and gas company that has been a key source of revenue for the junta more than a year after the coup - and a partner of Thailand's PTT.
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Myanmar junta plans digital lottery to shore up state revenue
Myanmar’s military regime plans to start an online lottery in the next two months as it hunts for new revenue streams to offset a slump in tax collections from an economy battered by the pandemic and the exit of foreign companies following the coup.
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Japan brewer Kirin to exit Myanmar, seek sale of 2 units
TOKYO: Japanese beverage maker Kirin Holdings said on Monday it would withdraw from its business in Myanmar and terminate its joint venture with a military-linked partner.
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Myanmar to have own digital currency
Myanmar’s military government plans to establish a digital currency to support domestic payments and boost the economy within the year and is assessing how to move forward, according to a top spokesman of the State Administration Council.
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Businesses say 90,000 migrant workers needed
Business operators have submitted to the Labour Ministry requests for about 90,000 migrant workers under terms of the memorandum of understanding (MoU) signed with Cambodia, Laos and Myanmar last December.
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Myanmar generals face spiraling economy and threat of new sanctions
U.S. sanctions have already been leveled against individuals and entities tied to the regime. State-controlled oil and gas operations could well be the next target.
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Japan's Kirin says Myanmar unit blocked liquidation in Yangon court
TOKYO: Japanese beverage maker Kirin Holdings' said on Wednesday its subsidiary in Myanmar won a dismissal in court to block liquidation by its military-linked partner.
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Growing number of foreign firms exiting Myanmar
As the civilian death toll from the military crackdown has surpassed 1,500 people, activists have ratcheted up pressure on foreign firms to cut ties.
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Myanmar junta backs Telenor unit sale after buyer M1 pairs with local firm
BANGKOK: Lebanon's M1 Group will partner with a Myanmar firm to take over Norwegian telco Telenor's business in the Southeast Asian country after its military junta sought a local buyer, three sources familiar with the matter told Reuters.
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70% of Japanese firms to keep or expand business in Myanmar even after coup
A JETRO survey found 52.3% of businesses will maintain their current levels of operations in Myanmar and 13.5% will expand them, while 6.7% will withdraw ...
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Myanmars Ex-Regierungschefin Suu Kyi wegen weiterer Vorwürfe zu vier Jahren Haft verurteilt
Der 76-Jährigen wird der illegale Import sowie der Besitz von Walkie-Talkies angelastet. Zudem soll sie gegen die Corona-Vorschriften verstoßen haben
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Myanmar says to pilot accepting Renminbi as settlement currency
Myanmar's military government said on Wednesday it would pilot accepting Renminbi as the official settlement currency for cross-border trade next year and planned to restart several development projects with its large neighbour China.
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Kirin may seek Japan aid in beer business dispute with Myanmar military entity
Kirin President and CEO Yoshinori Isozaki hopes that the dispute can be resolved by the end of June, adding that the "world is watching" how ...
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Japan business lobbyist backs Myanmar coup and urges investment
A Japanese former politician who campaigned to bring billions of dollars of investment from some of Japan’s top companies to Myanmar has urged Tokyo to ...
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Myanmar/Burma: Declaration by the High Representative Josep Borrell on behalf of the European Union on the situation
Today, President Win Myint, State Counsellor Aung San Suu Kyi and Mayor Myo Aung were sentenced to jail terms in Myanmar. Their trial was politically motivated. It represents another step towards the dismantling of the rule of law and a further blatant violation of human rights in Myanmar. The European ...
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Kirin files for arbitration to end deal with Myanmar military entity
TOKYO: Kirin Holdings Co said on Monday it has filed for commercial arbitration to terminate its joint venture partnership with Myanma Economic Holdings Public Co, calling for a "fair and just" process to end its deal in the beer business with the Myanmar military-linked entity.