June 16 (Reuters) - Myanmar's economy is showing tentative signs of stabilisation but the recent fuel price shock has amplified pressure on the civil-war-ravaged Southeast Asian country, the World ...
Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: People line up outside a bank to withdraw cash, in Yangon (Reuters) - Myanmar's currency has lost more than 60% of its ...
Dec 6 (Reuters) - Myanmar's central bank will no longer set exchange rates for foreign currencies and will allow banks and dealers to decide rates themselves, according to state media, in a rare ...
Myanmar’s banking sector reached a key milestone last year when it decided to open its doors to foreign banks for the first time, consequently summoning the attention of the international banking ...
Dec 8 (Reuters) - Myanmar's economy is showing some signs of improvement and its GDP growth is estimated to rebound to 3% in the next fiscal year despite the challenges of continuing conflict and the ...
Myanmar is set to enact a new law in the coming days giving greater independence to its central bank, officials said Wednesday, in the latest economic reform aimed at enticing foreign investors. The ...
It is a busy day in the Kamayut branch of KBZ Bank in Yangon. Beneath a photograph of the bank’s chairman receiving an award for being the country’s biggest taxpayer, a woman in a green facemask is ...
BANGKOK (AP) — Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe toll nearly four years after the military ousted its elected ...
Globally, World Bank Group COVID-19 support since April 2020 includes deployment of up to US$160 billion in financial support to help more than 100 countries protect the poor and vulnerable, support ...
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