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.

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 ...

This trend has boosted digital evolution, transforming the financial service environment in Myanmar, both online and offline. In recent years, more ATMs have been installed, more credit cards have ...

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’s farms are well diversified, with most farms producing rice paddy during the monsoon season and other crops such as beans, pulses, oilseeds and maize, during the cool and dry seasons. The ...

BANGKOK--Myanmar’s economy is forecast to grow only 1% in the fiscal year that ends in March, the World Bank says, as conditions deteriorate with an escalation in fighting between the military ...

MANDALAY: A robber who targeted KBZ Bank Branch 37 in Mandalay was arrested on the morning of February 22, according to initial reports. A man armed with a gun robbed KBZ Bank 37 in Bodhikone ...

With the civil war showing no sign of ending, the country’s economic prospects will remain “bleak” in 2025-26.

Past household monitoring efforts have been impeded by a lack of reliable official data. The World Bank's Myanmar Subnational Phone Surveys (MSPS) address this knowledge gap. A large sample size of ...