Lottery sales raise Ks19bn

The Aungbarlay State Lottery Department says it made more than Ks19 billion from selling Ks500 lottery tickets for the six-monthly lottery. The department said more than Ks11 billion would be used for more than 120,000 prizes. It said 42,300,000 tickets had been sold over six months. A total of 47 single and combined alphabets were […]

Invitation to 54th Myanma Gems Emporium 2017 to be held from 2nd to 11th August 2017

Subscribe to our tender alert mailing list 1. The significant 54th Myanma Gems Emporium will be held on August 2 to 11, 2017 at Maniradana Jade Hall in Nay Pyi Taw. Click here to see Google Map location. 2. Rough jade, rough gems, cut and polished gemstones, jewelries, jade carvings and gemstone pictures will be […]

In Myanmar, buying cars and homes with gunny sacks full of cash

Banks have even received deposits of S$10 million in bills, in a country where most still prefer cash in hand over credit. But could mobile wallets change all that? YANGON: At banks in Myanmar, it’s not unusual to see people lugging huge and heavy gunny sacks into the lobby. Once inside, they’ll split open the […]

KBZ Bank picks up another award for excellence

Kanbawza Bank was named Best Bank in Myanmar by the UK-based financial markets magazine Euromoney at a ceremony in Hong Kong on July 17, following two awards a week earlier from a regional banking association. KBZ chairperson Aung Ko Win and director Nan Lai Kham attended the Awards for Excellence 2014 ceremony to receive the […]