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Political analyst Aung Thu Nyein believes any positive recovery of Myanmar’s economy is unlikely. “Other neighboring countries show a sign of recovery from the COVID-19 crisis.
UNODC figures show Myanmar’s opium output falling steadily since 2014, down to 405 metric tons last year. ... Myanmar’s economy was hit hard again in February by the coup.
Isolated for decades and squeezed by Western sanctions, Myanmar is courting investors to try to revive its economy under a new government pursuing big reforms after 49 years of military rule.
Myanmar’s economy is expected to contract by 10 per cent this year, World Bank forecasts released on Friday show, as the Southeast Asian nation is convulsed by nationwide protests, strikes and ...
Its records show 3,461 in detention. Food concerns Myanmar has reported 142,800 cases of COVID-19 with 3,209 deaths since the start of the pandemic, according to the Johns Hopkins University.
Foreign investment, much of it from China, has helped the economy to grow at around 7% a year. But it remains one of the region’s poorest countries. And vast swathes of the economy remain untouched.
Myanmar’s economy is expected to grow by just 1 percent over the year to March 2025, with businesses continuing to face a very difficult operating environment. Conflict has escalated across much of ...
Burma's government must make sure its expected economic boom does not just benefit the privileged minority, Oxfam has warned, ahead of the opening of the East Asia World Economic Forum.
Myanmar's beleaguered economy is expected to contract by 2.5 percent in the 2025/26 fiscal year largely due to the devastating impact of a powerful earthquake in late March, the World Bank said in a ...
The forecast is a sharp reversal from the World Bank’s previous economic update in October, when it predicted Myanmar’s economy would grow by 5.9 per cent, one of the strongest rates of expansion in ...
Myanmar’s economy is expected to contract by 10 per cent this year, World Bank forecasts released on Friday show, as the Southeast Asian nation is convulsed by nationwide protests, strikes and ...