Dollar exchange rate in Myanmar hits two-year low

The exchange rate in Myanmar has reached its lowest level this year, with the kyat now trading for less than K1280 per US dollar in the local market. On October 9, the Central Bank’s reference exchange rate was K1279.50 to the dollar. The dollar has been weakening against the Myanmar kyat due to a fall […]

Myanmar to purchase more ocean liners

YANGON—Myanma Five Star Line will be purchasing three more ocean liners, according to MFSL deputy general manager Maung Maung Soe. As the national flag carrier of the Republic of the Union of Myanmar, MFSL now operates shipping services by running with 22 ocean-going vessels for domestic and foreign travel. “We are planning to buy three […]