Weekly Business News from Myanmar

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  State-run Myanmar Posts and Telecommunications (MPT) reduces installation fee by half to make the fixed lines "more affordable" for retail consumers and businesses

  State-run Myanmar Posts and Telecommunications (MPT) reduces installation fee by half to make the fixed lines "more affordable" for retail consumers and businesses
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  The Central Bank of Myanmar (CBM) revises its reference rate to Kyat 1,220 per USD

  The Central Bank of Myanmar (CBM) revises its reference rate to Kyat 1,220 per USD
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  The Yangon Regional Government invites proposals from developers to submit for the Yangon New City project by 18 August

  The Yangon Regional Government invites proposals from developers to submit for the Yangon New City project by 18 August
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  Myanmar plans to export rice to the Philippines, not to rely on only the China's market

  Myanmar plans to export rice to the Philippines, not to rely on only the China's market
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  Banking authorities of Singapore and Myanmar cooperate in banking supervision and capacity building

  Banking authorities of Singapore and Myanmar cooperate in banking supervision and capacity building
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  Myanmar's fish product is not enough to meet the foreign demand: Chairman of Myanmar Fisheries Products Exporters Association

  Myanmar's fish product is not enough to meet the foreign demand: Chairman of Myanmar Fisheries Products Exporters Association
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  General Electric (GE)'s gas turbine upgrades, finishing by October, will bring in an additional 30 megawatt (MW) to the national grid

  General Electric (GE)'s gas turbine upgrades, finishing by October, will bring in an additional 30 megawatt (MW) to the national grid
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  Construction of the USD 200-million wharf project at Thilawa SEZ will be completed in 2017

  Construction of the USD 200-million wharf project at Thilawa SEZ will be completed in 2017
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  The 7,000 megawatt hydropower project on the Thanlwin river at Mong Ton is still in the planning stage: Myanmar's Ministry of Electric Power

  The 7,000 megawatt hydropower project on the Thanlwin river at Mong Ton is still in the planning stage: Myanmar's Ministry of Electric Power
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  A difference between the official and unofficial exchange rate remains despite the Central Bank of Myanmar has brought its reference rate close to market's

  A difference between the official and unofficial exchange rate remains despite the Central Bank of Myanmar has brought its reference rate close to market's