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 ...

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.

This trend has boosted digital evolution, transforming the financial service environment in Myanmar, both online and offline. In recent years, more ATMs have been installed, more credit cards have ...

SINGAPORE - A woman has admitted in court that she did not know the sources of hundreds of millions of dollars that were transferred to her firm’s three corporate bank accounts.

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 ...

YANGON/MOSCOW (Eleven Media Group/ANN): Myanmar and Russia signed agreements on opening bank accounts between the central banks of two countries and tourism. Myanmar delegation led by State ...

Myanmar’s farms are well diversified, with most farms producing rice paddy during the monsoon season and other crops such as beans, pulses, oilseeds and maize, during the cool and dry seasons. The ...

Economic activity in Myanmar has slowed in 2016-2017 with growth expected to moderate to 6.5% from 7.3% the previous year. Economic growth is projected to average 7.1% per year over the next three ...