Blockchain Wallet Everex Partners with Myanmar-Based MicroMoney

Ethereum-based blockchain developer Everex announced today that it has officially entered into a partnership with Myanmar-based microlender MicroMoney. Everex now has access to MicroMoney’s more than 450,000 unique customers and registered users. “We chose to partner with Everex because it is the easiest way to deliver money to our customers,” says MicroMoney’s Anton Dziatkovskii. “You […]

Myanmar-Thailand Border Trade Exceeds $1bn

​​ Earnings from border trade between Myanmar and Thailand reached over US$1 billion this fiscal year compared to $160 million in the same period in last fiscal year, according to Directorate of Trade. Myanmar earned $1.025 billion from border trade with Thailand as of January 20 this fiscal year, according to statistics from the department. […]

Myanmar woos investments in infrastructure, transport and energy

With the recent enactment of the investment law and lifting of sanctions, Myanmar has become friendlier to foreign investment, particularly in infrastructure, transport and energy, according to its state investment agency. The Myanmar Investment Law was passed on Oct. 18 by combining the country’s foreign investment law and citizen investment law, providing income tax exemptions […]

Chinese Thanlwin hydro projects to be revived

Myanmar plans to give the green light to three of six hydroelectric projects to begin construction on the Thanlwin River within three months, a high-ranking official at the Ministry of Electric Power said on August 16. “We plan to build six hydropower projects on the Thanlwin River,” said the official who asked not to be […]