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BANGKOK--Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe toll nearly four years after the military ousted its elected ...
YANGON: The Central Bank of Myanmar has added 197 companies to a blacklist for failing to deposit export earnings into ...
Myanmar’s civil war is unwinnable under the circumstances. Supporting Kachin independence could secure rare earth supplies, ...
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Myanmar's economy set to contract as floods and fighting take heavy toll, the World Bank says - MSNBANGKOK (AP) — Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe toll nearly four years after the military ousted its ...
June 30 (Reuters) - Myanmar's central bank denied a U.N. report that the country's military government can still access money and weapons for its war against anti-coup forces, ...
Despite quake devastation and economic freefall, Min Aung Hlaing dismissed the World Bank’s prediction of economic contraction and made a growth forecast instead.
Overall, enrolment rates in Myanmar's education institutions have dropped by over 12% between 2017 and 2023, the World Bank said, underlining "a crisis in education access".
In December, the World Bank had projected Myanmar's economy would grow by around 2% during the current fiscal year, after estimated GDP growth of 1% in the year that ended in March 2024.
International banks are playing a significant role in the Myanmar military junta’s ability to carry out its systematic and deadly assault on the people, a new United Nations-backed report has found.
The World Bank says manufacturing and agriculture output in Myanmar have started to pick up, and a combination of cheaper fertilizer and higher crop prices could keep the farming sector growing.
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.
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