Survey to be conducted on taxis licensed outside of Yangon

A survey will be conducted for taxis operating in Yangon with licenses from other towns starting in December, said Dr. Maung Aung, the secretary of the Yangon Transport Authority. There are many taxis with licenses from towns other than Yangon, such as Bago and Pathein. The taxi survey will be carried out in cooperation with […]

IFC provides local bank US$ 5 million for trade financing

YANGON—The International Finance Corporation announced on Tuesday that it has provided a US$ 5 million trade finance facility to locally-owned Myanmar Oriental Bank Limited that will allow the bank to help local companies increase their imports and exports, generate more foreign exchange, and create jobs. This facility will enhance MOB’s capacity to cover the payment […]