Political repression, global isolation and economic stagnation were once major problems for Myanmar, but essential reforms have accelerated growth in the country. Four-year-old Ayeyarwady Bank is ...
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 ...
SINGAPORE - A woman has admitted in court that she did not know the sources of hundreds of millions of dollars that were transferred to her firm’s three corporate bank accounts.
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.
He is a third-generation banker – his grandfather was a banker, while his father founded Yoma Bank, Myanmar's fourth-largest lender. Pun made his first serious play into fintech earlier this ...
The study was conducted in 2015 through a partnership between the World Bank, the Livelihoods and Food Security Trust Fund (LIFT), Myanmar Survey Research, and Indochina Research.
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 ...