Business

Qatar Airways named as world’s best airline for fourth time

Qatar Airways, the national carrier of the State of Qatar, recently won the Airline of the Year by 2017 Skytrax World Airline Awards held at the Paris Air Show, for the fourth time, according to Akbar Al Baker, the airline’s group chief executive.

“It is a significant testimony of our passengers’ belief and trust. This award is also a reflection of the hard work and dedication of every employee at Qatar Airways. Our recognition at Skytrax this year is especially important as these awards are voted by travellers,” he said.

SECM to tie up deal with Thai securities regulator

Myanmar will sign the first memorandum of understanding (MoU) on securities exchange cooperation with Thailand's Securities and Exchange Commission, seeking the neighbour's knowledge and expertise in capital market development.

According to Htay Chun, commissioner of the Securities and Exchange Commission of Myanmar, the MoU which has taken over a year in negotiation should be signed within three months.

IFC urges Myanmar to improve information disclosure for fundraising

AS MYANMAR encourages public companies to list on the Yangon Stock Exchange (YSX), the International Finance Corporation is helping the government educate companies about the importance of transparency and disclosure standards in company reporting, according to an IFC executive.

Luis Mariano Enriquez Mejia, senior corporate governance officer at IFC, said that information disclosure is “key” to attract foreign direct investment which would drive the nation to move forward.

China unblocks over 300 bank accounts

China has unfrozen over 300 bank accounts, containing about Ks200 billion 

Value-added gold to encourage exports

Minister of Planning and Finance Kyaw Win says jewellery and gold products are going to be promoted as value added in order to encourage exports. 

Export earnings approach $2.5bn

 

Turkey agrees to launch flights

 

Consumer prices rise 4%

The Consumer Price Index (CPI) increased by 4 per cent this year, coming in at 132.4 per cent at the end of May, according to the Central Statistical Organisation (CSO).

 

Govt must protect exporters: rice chiefs

The Myanmar Rice Federation (MRF)

Online realty pioneer aims for the top

WITH more and more Myanmar home-buyers taking to their screens, House.com.mm says it is confident of establishing the lead in the country’s online property market even as it faces up to potentially stiffer competition in the near future.