Myanmar restaurants seek more govt support

  LOCAL restaurants in Myanmar are calling for more government support amid the expansion of international restaurant chains in the country. Nay Linn, president of Myanmar Restaurants Association and the owner of a restaurant named Sein Lan So Pyay Gardens, said local players lack the capital and experience to compete with these chains. He recalled […]

ABB & Pact To Bring Solar Power To Rural Myanmar

A project engaging women to run solar battery charging stations could help provide reliable electricity to rural villages in Myanmar. The power and automation technology group ABB will partner with Pact Myanmar to bring electricity in the form of solar power to approximately 3,500 individuals from villages in rural areas of Mandalay, Central Myanmar. With […]

Ayeyarwady Bank announces Ks 1 trillion in deposits

The Ayeyarwady Bank has recorded public deposits amounting to Ks 1 trillion (US$1 billion) since its founding in 2010, according to bank statements. The bank began business three years ago with the opening of its headquarters in Nay Pyi Taw on August 11, 2010. Apart from normal banking procedures, it has become a member of […]