Three ministries clarify undertakings in first 100 days

THE second press conference on the Union government’s undertakings in the first 100 days was held in Nay Pyi Taw yesterday. The following is the brief of the ministries present at the conference. U Tin Myint, Permanent Secretary of the Ministry of Home Affairs said the Ministry made efforts in anti-narcotic policing, closed cases involving […]

Myanmar gets its first contactless travel prepaid card

MASTERCARD in collaboration with Co-operative Bank (CB Bank) have launched a contactless travel prepaid card for Myanmar’s citizens, the first of its kind in the nation, in an effort to better tap on the country’s enlarging traveller base.   The CB EasiTravel Prepaid MasterCard Contactless card is currently available for signup and provides Burmese travellers […]

CB Bank Introduces Internet Banking for Businesses

Cooperative Bank (CB) said it has launched a “business internet banking (iBanking)” service that will allow companies to grant authority to employees at different levels to manage the firms’ bank accounts. Authorised staff will be able to access and manage the companies’ accounts allowing them to issue wages, handle account maintenance, remit money to foreign […]

China UnionPay International card to be introduced in Myanmar next month

YANGON, Aug. 22 (Xinhua) — China UnionPay International (UPI), in cooperation with Myanmar’s Cooperative Bank (CB), will introduce EASi Travel UnionPay card for the first time in Myanmar starting on Sept. 1 to facilitate Myanmar citizens in domestic and international payment, a bank official said here Friday. The EASi TRAVEL UnionPay Card issued in Myanmar […]