Central Bank of Myanmar Act of Union Bank of Burma 1947" and took over the functions of the Rangoon branches of the Reserve Bank of India. The Union Bank of Burma was opened at the corner of Merchant Road and Sule Pagoda Road and had a sole right of currency issue. CBM has liberalised the financial organisations for competition, efficiency and integration into the regional financial system. As of the end of December 2007, there are 15 domestic private banks and 13 representative offices of foreign banks and three representative offices of foreign insurance companies in Myanmar. According to the changes in the economic
What Is This Thing Called Love? What Is This Thing Called Love? "What Is This Thing Called Love?" is a 1929 popular song written by Cole Porter, for the musical "Wake Up and Dream". It was first performed by Elsie Carlisle in March 1929. The song has become a popular jazz standard and one of Porter's most often played compositions. "Wake Up and Dream" ran for 263 shows in London. The show was also noticed in New York, and the critics praised Tilly Losch's performance of the song. The show was produced on Broadway in December 1929; in the American rendition, "What Is This Thing Called