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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.
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 ...
Myanmar’s economy might expand by just 1% in the current year to end-September, the bank has forecast. ... Japan’s climate heroes show potential and limits of local initiatives.
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.
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 ...
Myanmar is battling a plunging local currency amid an unprecedented dollar shortage, driving up the cost of imports and worsening the economy’s struggle with dual challenges of the pandemic and ...
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.
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 ...
The Third Green Economy Green Growth Forum taking place Nov. 20-22 in Nay Pyi Taw and Yangon comes at a crucial turning point for Myanmar. The Forum attempts to bridge the gap between biology and ...
Myanmar has officially permitted the use of the Chinese and Japanese currencies in cross-border payments, as the Asian giants vie for dominance in one of the region’s last frontier markets.
Myanmar currency drops 60 per cent in weeks as economy tanks after February coup - The Straits Times
NAYPYIDAW (REUTERS) - Myanmar's currency has lost more than 60 per cent of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a ...
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