Bank officials said they were creating a new way to conduct transactions digitally to remedy problems inherent in printing ...

YANGON: The Central Bank of Myanmar has added 197 companies to a blacklist for failing to deposit export earnings into ...

Despite quake devastation and economic freefall, Min Aung Hlaing dismissed the World Bank’s prediction of economic contraction and made a growth forecast instead.

Myanmar’s budget deficit is seen widening to 6.9% by the end of March next year, up from 5.1% a year earlier with much of the deficit funding coming from the central bank, the report said.

Myanmar has been severely impacted by the March earthquake, and the economic aftershocks are compounding ongoing challenges faced by firms and households, according to a new World Bank report.

Exporters are being punished for failing to deposit their earnings in junta-controlled banks and exchanging 25 percent of them at the derisory official exchange rate.

In a riverine battleground in western Myanmar, an entrepreneur hunts for reception using a makeshift bamboo antenna, his ...

According to Myanmar’s ruling junta, the death toll has topped 3,700. World Bank division director for Thailand and Myanmar Melinda Good said in a statement: “The earthquake caused significant ...

The Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal announced, government plans to invest ₹5,000 crore to ...

Myanmar off World Bank forecasts amid 'path of self-destruction' warning Junta accused of using banned cluster bombs on school children. Students' bags are kept in front of a school building damaged ...

Myanmar recovery dented by devastating quake, World Bank Prior to the earthquake, which left 3,800 people dead and 207,000 people displaced, the World Bank had forecast a 2% expansion this year. - AFP ...

A new study has found that such practices are prevalent in some of India’s neighbours, such as Myanmar, where the country’s ...