News Myanmar Financial: Robust cash flow and financial position
(Fornebu, 3 May 2022) In the first quarter, the mobile business performed well while the overall quarter was impacted by our strategic journey of investing in modern networks and structural transactions in Asia. The growth was held back by the Norwegian fixed line business and intensified competition in Thailand. Service revenues were stable, and EBITDA was negatively affected by the copper decommissioning in Norway which is in its final year. In addition, higher energy prices, and activities re
News Myanmar Financial: Philippines planning to give Myanmar 5 million Sputnik V vaccines
MANILA, May 2 (Reuters) - The Philippines is considering donating to Myanmar five million doses of Sputnik V COVID ... Reuters provides business, financial, national and international news to ...
News Myanmar Financial: Fear Rising Among Myanmar Military Elite
Armed resistance against the illegitimate Myanmar military is growing across the country ... Former navy lieutenant commander Thein Aung, the Chief Financial Officer of the military-owned Mytel ...
News Myanmar Financial: Funds ‘should not get involved’ in distressed Russian corporate debt, says Browder
Editor's Note: This story was originally published by the special situations team on LevFin Insights, the business news arm of Fitch Solutions. While itâs technically still possible for debt investors to buy the distressed debt of structurally important Russian companies, ethical and other risk fact
News Myanmar Financial: Myanmar people are facing more electricity shortage as govt announces power cut plans
Myanmar's Ministry of Electricity and Energy (MOEE) made further announcements of the power cut plan which will be divided into sections in some places and would be distributed periodically from March ...
News Myanmar Financial: Myanmar exports over 710,000 tons of beans, pulses in 5 months
YANGON March 10 Xinhua -- Myanmar exported more than 710 000 tons of beans and pulses worth 556 million US dollars between October 2021 and February 2022
News Myanmar Financial: ‘Watermelon suppression’: doxing campaign targets pro-democracy soldiers and police
Military-linked social media accounts, mainly on Telegram, continue to dox activists and encourage violence, including assassinations. Although one of the most controversial accounts was recently removed from the platform, critics say Telegram is still not doing enough to regulate content.
News Myanmar Financial: Myanmar to produce value-added products from rice husk and rice bran
The Myanmar Rice Federation (MRF) has been working on the manufacturing of value-added products from rice husk and rice bran, according to state-run newspaper Global New Light of Myanmar has reported.
News Myanmar Financial: Myanmar Diaries: Anonymous Filmmaker Group Hopes That Their Film Gets International Attention Along With Lawmakers & Politicians
Myanmar Diaries Is Made To Make The Audience Aware Of What All Has Been Happening Inside The Country(Pic Credit: IANS) As Myanmar continues to remain in a state of siege by its own military ...
News Myanmar Financial: How Stateless Rohingya Struggle To Find Livelihood & Assistance In India
Rohingya refugees and asylum seekers are unable to find jobs and to support their families in India. Lack of domestic legislation on asylum is an impediment, say experts.
News Myanmar Financial: Myanmar ambassador urged to leave London residence
The British government is reportedly pressuring Myanmar’s former ambassador to leave his official London residence a year after he was ousted by the military regime for criticis ...
News Myanmar Financial: Myanmar and Bangladesh Must Engage As Neighbours Must Have Good Ties
The European Union, China, India, Russia and North Korea are becoming allies in Myanmar’s oil, gas, mineral resources and military markets. Taking advantage of US negligence, Myanmar’s military junta ...
News Myanmar Financial: Myanmar Telecoms Industry Report 2022: Market Sizing, 5-year Forecasts, Market Insights, Key Telecom Trends - ResearchAndMarkets.com
The “Myanmar Telecoms Industry Report - 2022-2027” report has been added to ResearchAndMarkets.com’s offering. This report provides analyses of revenue and market forecasts as well as statistics of ...
News Myanmar Financial: Exclusive-UK urges ex-Myanmar ambassador to leave London home citing junta 'pressure'
Britain has urged Myanmar's former ambassador to leave the official London residence where he has continued to live since he was ousted for criticising last year's military coup, citing pressure from the junta, according to emails seen by Reuters. Kyaw Zwar Minn was locked out of his embassy last April by his own staff after calling for the release of Myanmar's civilian leader Aung San Suu Kyi, detained alongside most of her government in the Feb. 1 coup. The coup sparked international outrage, sanctions against Myanmar's military, including from Britain, and a mass uprising in which hundreds have been killed.
News Myanmar Financial: ESG Funds Scolded for Investing in Myanmar Arms Suppliers
(Bloomberg) -- Hundreds of ESG funds run by some of the world’s biggest money managers have a combined $13.4 billion stake in companies that supply weapons and technology to the Myanmar military, according to a report.Most Read from BloombergChina Warns U.S. Over Forming Pacific NATO, Backing TaiwanUkraine Open to Neutrality, Won’t Yield Territory, Aide SaysOwners Fear Planes ‘Are Gone Forever’ After Russia Shields Them From SeizureChina Pushes Conspiracy Theory About U.S. Labs in UkraineUkraine
News Myanmar Financial: ASEAN a Source of Arms, Investment for Myanmar Junta: Report
Mytel is a major source of revenue and technology for the Myanmar military. She Zhi Jiang, a Cambodian citizen, is the main investor in the Yatai City project in Shwe Kokko, Myawaddy Township, a huge ...
News Myanmar Financial: It just got easier for tourists to swipe their Visa, MasterCards in Myanmar
The easing of sanctions on Asia Green Development Bank and Ayeyarwady Bank underlines ... U.S. companies to invest in and provide financial services to Myanmar, dropping restrictions on dealing ...
News Myanmar Financial: What is the situation of Green Finance in Myanmar?
According to the assessment of the Asian Development Bank Institute, the global economy is growing at an annual rate of 3-4%, doubling the production per generation. In recent years, the global economy cannot provide sustainable growth with fundamental perspectives.