KBZ Bank joins Myanmar’s interbank transfer system

KBZ Bank account holders will be able to transfer money to other banks in Myanmar after the bank launched its digital interbank transfer system on December 15. “Digital money transfer can now be done easily and safely between local banks,” said KBZ deputy managing director Mr Robin Chua. Users can transfer a maximum of K […]

DCA: 1 Year Minimum Until Call for Domestic Airport Upgrade

Subscribe to our tender alert mailing list YANGON — A government call for the upgrading and privatization of 30 domestic airports in Myanmar has been postponed until late next year at the earliest, due to ongoing efforts to transfer three international airports to private hands, according to Win Swe Tun, the director general of the […]

Shopping 2.0: Myanmar heads to the web

Some companies have simplified shopping online down to just one click. In Myanmar, it’s not that simple – but that hasn’t stopped people from taking their business to online stores. For the past few years, connectivity in Myanmar has been scaling and the practice of selling clothes, electronic devices and other products has gained popularity […]

Govt, parliament have responsibilities to investigate AGD bank’s share transfer

To investigate whether the share transfer of Asia Green Development Bank (AGD) involves white money is dependent mainly on the government and the parliament. People have urged the executive pillars to inspect this case in line with the Anti-Money Laundering Law transparently. Such critics have risen following the in-person interview between Kyaw Ne Win – […]