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.
According to Myanmar's Ministry of Information, most of the victims are from Asian countries such as China and India, with ...
The world must do more to slam shut the junta’s coffers with smartly targeted sanctions against the banks and businesses that ...
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 ...
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 ...
B ANGKOK (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 ...
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 ...
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 ...