Quarterly Business Magazine

November 2014

Saving Withdrawal Rose Two Folds at United Amara Bank after U Aung Thaung’s Sanction

Yangon - Due to rumors after the news of the US sanction on U Aung Thaung, the saving withdrawal rose two folds at United Amara Bank (UAB Bank), ac

Two New Airlines Given MIC Permits

Yangon – Myanmar Investment Commission (MIC) has given permits to two new domestic and international airlines based in Nay Pyi Taw in October.

U.S. Government Put U Aung Thaung on Sanction List

Yangon – The US Treasury Department announced on October 31st that U Aung Thaung, a representative from the ruling Union Solidarity and

Myanmar Up Five Places in Doing Business Report, Government Minister not Content

Yangon – Although the Myanmar government has relaxed many of its restrictions, Myanmar has climbed up only five places in terms of the Ease of Doin

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