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Japan, South Korea propose to import transit buses

YANGONJapan and South Korea have submitted a proposal for the Yangon region government to import transit buses, according to Yangon Transport Minister Aung Khin.

South Korea is interested in shipping transit buses, and Japan too, the minister said.

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Burma to Allow Foreign Banks to Begin Some Operations Next Year

RANGOON Burma will allow some foreign banks to begin offering limited financial services next year, a senior central bank official said, as the Southeast Asian country slowly opens up its banking sector following a series of economic and political reforms.

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Visa and CB Bank launch multicurrency visa travel prepaid card in Myanmar

YANGON Visa and CB Bank launched the CB Bank EASI Travel Visa card for Myanmar cardholders to use when traveling overseas. This marks another milestone in the development of the countrys financial system, opening the global marketplace to locals who are traveling internationally for business and leisure.

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