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CB Bank successfully adapting to meet the needs of a new generation

Economic liberalisation came relatively late to Myanmar, but the country has been working hard to make up for its slow start. Following a military coup in 1962, the country was governed by an oppressive dictatorship and subsequently experienced the ignominy of being rated one of the least developed and most corrupt nations in the world. […]

Singapore Myanmar Investco reports encouraging initial retail results at Yangon International Airport

Singapore Myanmar Investco Limited has reported revenue of US$13.3 million in its travel and fashion retail segment for the year ended 31 March 2017. Subsidiary SMI Retail only began duty free operations at Yangon International Airport in September 2016, meaning there is little meaningful basis for year-on-year comparison. The company was awarded contracts for duty […]

Myanmar’s Air KBZ set sights on regional skies

International (MAI), is expanding regionally with plans to launch flights between Yangon and Chiang Mai in May. The ATR72-600 service will start with two flights a week, according to Crystal Aung, assistant manager marketing and sales, Air KBZ. “We are working on a codeshare agreement with another Myanmar airline company to increase the number of […]