The COVID-19 impacts resulted in less fish consumption, according to the Myanmar Fisheries Federation (MFF). The coronavirus pandemic shut down the wedding, donation events, festivities and restaurants. It also poses difficulties in transportation. The restrictions caused a slump in fish consumption in the local market. Moreover, the individual income loses from heightened COVID-19 measures such […]
Manufacturing, new orders fall amid COVID-19 restrictions: IHS Markit
January 12, 2021 by
Restrictions in line with current COVID-19 regulations have resulted in the decline of manufacturing and new orders in Myanmar, said IHS Markit. The London-based information provider released a statement that said regulations introduced to curb the spread of the COVID-19 virus have also resulted in a record high of unfinished works. Manufacturing and the receipt […]
Myanmar extends COVID-19 preventive measures until January 31
January 6, 2021 by
The Myanmar government has further extended COVID-19 preventive measures in the country until January 31, 2021 to curb the spread of COVID-19. The National Level Central Committee on Prevention, Control and Treatment of COVID-19 announced December 29 that it will extend restrictions [excluding those which are to be relaxed or tightened further] to January 31 […]
MNA plans to fly commercial flights to Thailand, Singapore
December 23, 2020 by
Myanmar National Airlines (MNA) is planning to fly to Bangkok, Thailand and Singapore once international commercial flight operations are allowed to resume. Discussions between Myanmar’s Directorate of Civil Aviation (DCA) and their international counterparts are now underway to permit international commercial flight operations to resume on January 1, 2021. In order for flights to resume, […]
Myanmar Considers Relaxing COVID-19 Restrictions
November 20, 2020 by
Yangon – Myanmar’s State Counselor’s Office says the government is considering relaxing many COVID-19 restrictions, including stay-at-home orders, to ease the impact on the country’s economy. Myanmar imposed stay-at-home orders on about 75 townships in Bago, Ayeyarwady and Mandalay regions and Kachin and Mon states and the whole of Yangon Region and Rakhine State. Under […]
Property market expected to pick up after elections in Myanmar
November 13, 2020 by
Real estate developers are expecting the market to pick up after the November 8 election, when uncertainty over COVID-19 and the political process has cleared. Although lower interest rates have attracted some buyers into the market, COVID-19 restrictions have dampened buyer sentiment. Many buyers are waiting until after the elections to make a move,” he […]
COVID-19 restrictions keep express buses off the road
November 13, 2020 by
Although the government has not prohibited express buses, they face problems due to COVID-19 restrictions, said the Yangon Region Transport Authority (YRTA) on November 1. Express buses are only carrying cargo because the restrictions of the Health and Sports Ministry have been extended to November 30, and because of stay-at-home orders, health certificate requirements, and […]
Yangon cabs change to delivery service under ’new normal’
October 27, 2020 by
Yangon taxi drivers are delivering goods for delivery businesses due to a dwindling number of passengers caused by the COVID-19 movement restrictions in the city, several drivers said on October 20. After the recent scrapping of the QR pass system by Yangon Region, most taxi drivers are back on the road now. “Most taxies are […]
COVID boosts need, demand for e-commerce in Myanmar
October 22, 2020 by
E-commerce and food delivery have flourished in Myanmar since the lockdown and other restrictions to contain COVID-19 took hold in the country. METRO Wholesale Myanmar Ltd, which started out serving hotels, restaurants, tea shops and caterers, has pivoted to include delivery of food and daily necessities to consumers in Yangon during the pandemic. METRO CEO […]
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