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MYD: can it challenge the Myanmar Kyat? | Myanmar Business Today

MYD: can it challenge the Myanmar Kyat? | Myanmar Business Today
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Wage Rise Beyond 5 to 10pc Would Kill the Industry: Garment Leader

Wage Rise Beyond 5 to 10pc Would Kill the Industry: Garment Leader
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Top Global News | Myanmar Business Today

Top Global News | Myanmar Business Today
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We are finding ways to manage cash flow through distribution channels: Wave Money

If you want to withdraw cash from your bank account in Myanmar, you need to get up as early as at least 4 a.m and go to an ATM-not any ATM but ATM where your bank chooses to refill cash. Then wait for hours to have your turn to withdraw cash. If you are late, then you have very little chance to withdraw that day. Or If you don’t want to spend hours to have your turn to withdraw, then there is an option for you: you can exchange digits from your bank account with cash by paying as much as 10 percent as a fee to those who have cash or are making money from such transaction.

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