Weekly Business News from Myanmar

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  Vietnamese airlines Vietjet to fly new Yangon-Ho Chi Minh City air route from October

  Vietnamese airlines Vietjet to fly new Yangon-Ho Chi Minh City air route from October
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  The Small and Medium Industrial Development Bank (SMIDB) to open five new branches during 2015-16 fiscal year

  The Small and Medium Industrial Development Bank (SMIDB) to open five new branches during 2015-16 fiscal year
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  MasterCard and Myanma Apex Bank launch a prepaid card

  MasterCard and Myanma Apex Bank launch a prepaid card
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  About 500,000 tourists are expected to visit Mandalay region this year, which is 37.5% higher than that of the previous year, but accommodation options scarce: Ministry of Hotels and Tourism

  About 500,000 tourists are expected to visit Mandalay region this year, which is 37.5% higher than that of the previous year, but accommodation options scarce: Ministry of Hotels and Tourism
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  An automobile policy aimed partly at attracting more international factories to Myanmar could be finalized by September but will not be presented to the parliament until 2016

  An automobile policy aimed partly at attracting more international factories to Myanmar could be finalized by September but will not be presented to the parliament until 2016
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  An updated banking law of Myanmar has been submitted to the parliament

  An updated banking law of Myanmar has been submitted to the parliament
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  The recent slump in the Myanmar Kyat raises prices of imported goods from Thailand; particularly vehicles

  The recent slump in the Myanmar Kyat raises prices of imported goods from Thailand; particularly vehicles
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  Yangon is dealing with a downtown problem as its population has doubled since 1983 and is expected to double again in the next 15 years

  Yangon is dealing with a downtown problem as its population has doubled since 1983 and is expected to double again in the next 15 years
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  Telenor Myanmar reaches Kayah State

  Telenor Myanmar reaches Kayah State
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  Myanmar's garment exports this year is set to decrease

  Myanmar's garment exports this year is set to decrease