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Myanmar
Corporate moves
Serge Pun steps down as chairman of Yoma, son to succeed him
Serge Pun steps down as chairman and CEO of Yoma, to be succeeded by son Melvyn
July 24, 2024
Company in the news
No charges filed against Serge Pun in Nay Pyi Taw, Yoma clarifies
Pun has been meeting and cooperating with the relevant authorities on matters relating to banking business, Yoma says.
July 10, 2024
Company in the news
Yoma rebounds despite a challenging operating environment
Yoma seeks to expand its presence outside of Myanmar to capture the Myanmese diaspora.
June 06, 2024
Asean
Myanmar is burning, posing a challenge for Asean
The Myanmar crisis leaves no winners, only losers
February 01, 2024
Cryptocurrency
Tether Is Now Official Currency for Myanmar’s Anti-Junta Groups
Bloomberg reports that anti-junta groups are using Tether, a stablecoin, to raise funds
December 13, 2021
Cryptocurrency
Fresh Off The Block: Indian PM Modi hacked with bitcoin tweet and more
Tether adopted as official government currency, while IMF urges need for global crypto regulatory framework
December 13, 2021
Results
Avarga declares interim dividend of 0.42 cent per share for 1Q21
Shares in Avarga closed 1.5 cents lower or 4.8% down at 29.5 cents on May 7.
May 08, 2021
Myanmar Coup 2021
Sanli's Myanmar operations disrupted due to political situation
Myanmar military declared martial law in Yangon on Mar 14.
March 23, 2021
Asean
DPM Heng urges US-China cooperation, Singapore 'appalled' by violent crackdowns in Myanmar
While tensions “could intensify for some time”, DPM Heng hopes that the parties will develop a framework for cooperation.
March 22, 2021
Myanmar Coup 2021
No "significant" funds from Myanmar in Singapore banks, says MAS
MAS expects financial institutions to remain vigilant to any transactions that could pose risks to the institution.
February 23, 2021