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In a riverine battleground in western Myanmar, an entrepreneur hunts for reception using a makeshift bamboo antenna, his ...
Despite quake devastation and economic freefall, Min Aung Hlaing dismissed the World Bank’s prediction of economic contraction and made a growth forecast instead.
Naypyidaw: An earthquake of magnitude 4.1 struck Myanmar on Thursday, a statement by the National Center for Seismology (NCS) ...
Exporters are being punished for failing to deposit their earnings in junta-controlled banks and exchanging 25 percent of them at the derisory official exchange rate.
Officials in Myanmar have destroyed nearly $300 million worth of illegal drugs with massive drug-burning ceremonies taking ...
"The Central Bank of Myanmar has arranged to provide US$100-million towards the fuel oil sector in the foreign currency market," it said in a statement on Wednesday.
Banks in conflict-torn Myanmar have restricted customers' cash withdrawals, triggering further anxiety among people already reeling from high inflation and a nose-diving economy. Tension gripped the ...
1. The Junta’s Domestic Financier The junta’s profound mismanagement of Myanmar’s economy has led them to rely overwhelmingly on the CBM to fund their wars. Ballooning budget deficits fueled by ...
The Central Bank of Myanmar "expressed our strong objection to the U.N. Special Rapporteur’s report", it said in a statement published in a junta newspaper on Saturday.
Myanmar's central bank denied a UN report that the country's military government can still access money and weapons for its war against anti-coup forces, saying financial institutions under the ...
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