To break the COVID-19 blues, Myanmar’s government has extended tax exemptions and held talks with South Korea to boost bilateral trade.
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The News For
23 September 2020
Yangon
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Myanmar, S. Korea Pledge to Step Up Cooperation on Trade, Investment, Energy
2.5k
South Korea has reaffirmed its commitment to deepen economic ties with Myanmar after projects agreed during President Moon’s visit last year were delayed due to COVID-19.
Myanmar Traders Brace for Another Hit as China Closes Key Customs Gate Due to COVID-19
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Trade on Myanmar’s border with China has ground to a halt and truckloads of goods are stranded after the Chinese town of Ruili closed its customs office due to COVID-19.
Despite Current Economic Fallout in Myanmar, ADB Forecasts a Bounce
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The Asian Development Bank is hopeful that Myanmar’s economy will spring back from the current 1.8 percent growth to 6 percent in the next financial year.
Irrawaddy Business Roundup
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Bucking the COVID-19 downturn, Myanmar is seeing rapid activity on Yangon’s new city and the Dawei industrial zone.
Singapore Airlines Group Slashes 4,300 Jobs Due to Impact of COVID-19
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The parent company of Singapore Airlines has announced 4,300 job cuts at the carrier and two other airlines as COVID-19 wreaks havoc on global travel.
Myanmar Extends Tax Deadline Until End of Year to Aid COVID-Hit Businesses
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The Myanmar government has again pushed back its tax deadline, giving businesses until the end of the year to pay as the economic impact of COVID-19 continues to be felt.
Myanmar Hires German Firm to Oversee Bidding in Initial Phase of China-Backed New Yangon City
6.4k
Germany’s Roland Berger Co. will oversee a tender process to allow global firms to bid against China’s CCCC to develop infrastructure for the New Yangon City project.
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Myanmar’s COVID-19 Cases Exceed 1,000
3.0k
As the government imposes partial lockdowns in more areas to curb the spread of coronavirus, some fear restrictions are crushing the economic recovery.
Myanmar Civil Servants Offered COVID-19 Loans
1.9k
The government says it will offer two months’ salaries as interest-free loans to civil servants as it tries to boost the economy
China's Top Foreign Policy Official to Visit Myanmar
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China’s foreign affairs supremo, Yang Jiechi, is expected to visit Myanmar at some point this week, the embassy in Yangon has announced.
The Irrawaddy Business Roundup
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Business goes on, despite this week’s COVID-19 spike, with major investment unveiled for Yangon and plans for a large power plant take shape.
Myanmar’s Suu Kyi Pledges Full Support to Fight Rakhine COVID-19 Outbreak
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State Counselor Daw Aung San Suu Kyi says Rakhine State will get the food, protective equipment and investment it needs to tackle its coronavirus spike.
Myanmar Sets Out Re-entry Rules for Foreign Staff
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Myanmar’s investment agencies say foreigners applying for work visas must have urgent businesses to be personally taken care of in Myanmar.
Despite Current Economic Fallout in Myanmar, ADB Forecasts a Bounce
Irrawaddy Business Roundup
The Irrawaddy Business Roundup
Myanmar’s COVID-19 Cases Exceed 1,000
Irrawaddy Business Roundup
Over 7,000 Apply to Run in Myanmar’s November Election
Irrawaddy Business Roundup
The Irrawaddy Business Roundup