SoftBank Ready for Counteroffensive with AI after Massive Losses
SoftBank Group Corp. CEO Masayoshi Son said the company will "mount a counteroffensive" after posting a massive net loss for the second straight year...
MAI Plans Healthcare Services in Cooperation with Sunway Medical Centre
Myanmar Airways International (MAI) and Sunway Medical Centre (SMC), one of the largest advanced private hospitals in Malaysia, will develop cooperation in health services....
Terrorists Arrested Following Myat Maung Goldsmith Robbery
Three terrorists robbed Myat Maung diamond and gold jewellery shop in North Okkalar Township on the evening of June 18. The security forces announced...
Exchange Rate to be Determined on Online Trading Platform
Central Bank of Myanmar (CBM) said that the exchange rate transacted on the online trading platform is the actual currency value and the Dollar...
Licences Temporarily Revoked from 8 Overseas Recruitment Agencies
Ministry of Labour announced on June 21 that the licences of eight overseas recruitment agencies have been. The agencies included Shwe Mandalar May, Myint...
CBM Orders Importers to Use Banking Transactions Only
Central Bank of Myanmar (CBM) has instructed importers to use banking transactions only. The importers holding licences must use only bank transfers as settlement...
Customs Duty and Taxes on SKD, CKD Vehicles Eased
Customs Department has announced that customs duty and taxes on domestically-assembled SKD and CKD vehicles has been eased. With the permission of the Myanmar...
Terrorists Arrested for Explosion Attack on IRD Office
An explosion occurred at the third floor of a tax office of the Internal Revenue Department (IRD) office on Pansodan Road in Kyauktada Township,...
‘Godfather of AI’ Urges Governments to Stop Machine Takeover
Geoffrey Hinton, one of the so-called godfathers of artificial intelligence, urged governments to step in and make sure that machines do not take control...
AGD Bank’s Relief Aid Reaches 300 Households Affected by Cyclone Mocha
The devastating impact of Cyclone Mocha has left the people of Rakhine in desperate need of assistance. The cyclone unleashed its fury upon the...