BANGKOK--An order by Myanmar’s central bank that all foreign currency in bank accounts must be converted into the local currency has many in the military-ruled country worried over potential losses.

Electricity shortages have plagued Myanmar since soon after the military seized power in 2021. Junta boss Min Aung Hlaing has ...

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 ...

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 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 ...

Tue, March 18, 2025 Published on Mar. 18, 2025 Published on 2025-03-18T16:38:27+07:00 uthorities will question hundreds of citizens arriving in Jakartal on Tuesday after they were rescued from ...

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 ...

MANDALAY: A robber who targeted KBZ Bank Branch 37 in Mandalay was arrested on the morning of February 22, according to initial reports. A man armed with a gun robbed KBZ Bank 37 in Bodhikone ...