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 ...

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.

In a time when emerging markets are struggling to maintain their explosive growth rates of old, Myanmar, guided by a strong banking sector, remains on the upward curve. Of the banks that have ...

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.

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.

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 ...