Local fuel prices in Myanmar are rising sharply due to the high price of fuel internationally. Also contributing to the problem are the high exchange rates for exports that earn dollars, according to the Myanmar Petroleum Trade Association (MPTA).
We are seeing the gradual rise of a robust financial technology (fintech) sector around the world, with financial hubs such as London, New York and Singapore fast-developing thriving fintech industries. London and Singapore were recently named the world’s top fintech hubs. Htet Tayza comments.