The world must do more to slam shut the junta’s coffers with smartly targeted sanctions against the banks and businesses that ...
Some officers even have Myanmar bank accounts to directly funnel their illicit earnings, making bribery and corruption an institutionalised system of exploitation. I was even told by a former ...
and the ways in which the bank is paving the way for future developments. How has banking in Myanmar evolved? The country’s banking sector has evolved substantially over recent years. However, Myanmar ...
Among those benefiting is KBZ, the biggest bank in Myanmar. Through a strategic, long-term approach, the company is paving the way for a sustainable economic future, implementing innovative corporate ...
Myanmar has not disclosed its level of foreign currency reserves. World Bank data shows it had just $7.67 billion in reserves at the end of 2020, before the February coup.
YANGON/GENEVA (Bloomberg): The World Bank expects Myanmar’s economy to contract in the current fiscal year, as elevated inflation, a slumping currency, and electricity and labor shortages ...
Myanmar's power crisis has worsened steadily since 2021, the World Bank said last year, blaming ageing power plants, the gas shortage, damage to the national grid, lack of spare parts, and weak ...
Past household monitoring efforts have been impeded by a lack of reliable official data. The World Bank's Myanmar Subnational Phone Surveys (MSPS) address this knowledge gap. A large sample size of ...
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