Showing 1 - 10 of 16
Myanmar cash crisis taking heavy toll
Published on 15/05/2021
» If you need cash in Myanmar, you have to get up early. Queues start forming outside banks at 4am, where the first 15 or 30 customers are given a plastic token that will allow them to enter the bank when it opens at 9:30 and withdraw cash.
Rural roads
Life, Karnjana Karnjanatawe, Published on 22/12/2016
» The Department of Rural Roads will invest 930 million baht to build a new road to ease traffic to the border checkpoint between Thailand and Cambodia in Ban Khlong Luek of Sakaeo province.
Myanmar's KBZ Bank opens Thai office to serve citizens
Business, Published on 04/08/2016
» Kanbawza Bank (KBZ Bank) Ltd, part of the KBZ Group of Companies, has opened a representative office in Bangkok, making it the first Myanmar bank to establish a network in Thailand.
Myanmar's Kanbawza Bank opens office in Bangkok
Online Reporters, Published on 03/08/2016
» Kanbawza Bank (KBZ Bank) has opened a representative office in Bangkok, the first Myanmar bank to establish an international presence.
Enhancing CLMVT financial links
News, Veerathai Santiprabhob, Published on 21/06/2016
» Regional connectivity is a central part of domestic economic development and can take on many forms such as physical infrastructure, trade and investment, financial interconnectedness and one-on-one interactions. Financial connectivity underpins and supports all forms of connectivity. Promoting a well-connected financial system is key to strengthening regional economic integration on a sustained basis.
Myanmar's KBZ Bank moves into Thailand
Published on 10/05/2016
» Myanmar's banking sector is set to expand beyond national borders for the first time with Thailand’s granting of a licence to Kanbawza (KBZ) Bank to open a representative office.
Curtain rises for YSX, but not for foreign investors yet
Asia focus, Published on 21/12/2015
» The ringing of a ceremonial bell marked the long-awaited opening recently of the Yangon Stock Exchange, an event described as a "dream come true" by Maung Maung Thein, the chairman of the Securities and Exchange Commission of Myanmar.
Bell hunt claims ring hollow
Spectrum, Published on 14/09/2014
» At night, the small wharf near the confluence of the Yangon and Bago rivers is quiet and dark. The team searching for the mythical Dhammazedi Bell is resting, certain in the knowledge it will not be found in the next few hours. But for those looking for an update on the salvage attempt, this is the best time to visit the river.
From cash to cards
Asia focus, Jessica Mudditt, Published on 04/11/2013
» Just one year ago, Myanmar was a purely cash economy: there were no automated teller machines and international credit cards were not accepted, save for those of a few well-connected companies that routed payments to offshore companies.
Banking on Myanmar
Asia focus, Published on 17/06/2013
» A half century of isolation from the global economy has left Myanmar facing many challenges, not least the need to modernise a financial system where cash is still king. It’s not unusual to see people carrying large bricks of banknotes for transactions, even cars and houses. Most people completely bypass the banks to keep their money at home.