Myanmar

Myanmar exiles ousted in a 2021 coup are pressing the US Federal Reserve to endorse their bid to use billions of dollars in funds...

Qatari telecommunications company Ooredoo is about to sell its Myanmar operations to Singapore-headquartered technology firm The One Matrix Ventures, Reuters reported, referring to insiders. Ooredoo...

Myanmar’s currency, the kyat, is continuing its rapid devaluation and has reached a record low against the US dollar and other major currencies in...

Myanmar’s workforce shrank by 1.1 million men and women from pre-Covid-19 and pre-coup times, two and a half years into the global pandemic and...

Qatar's telecommunications firm Ooredoo is in talks to sell its Myanmar unit amid the worsening economic and political climate in the country, Reuters cited...

The Central Bank of Myanmar on order of the country’s military government has issued a directive that companies and individual borrowers holding foreign loans...

Myanmar’s junta, which came to power in a coup d’etat in February 2021 and has since had to deal with the problem of a...

The economy of Myanmar has fallen in turmoil so drastically since the military coup on February 1, 2021 that the World Bank said it...

Russia’s biggest truck manufacturer Kamaz is set to start vehicle production in Myanmar as the company is increasingly losing access to other markets due...

Myanmar’s central bank has announced an exemption for foreign entities from a controversial new policy requiring all their foreign exchange held in banks or...

The military government in Myanmar in an attempt to get more control over foreign currency flows has ordered all holders of foreign currency in...

Real estate prices in Myanmar’s bizarre capital Naypyitaw have been rising since last year despite the military coup and ongoing military crackdown on civilians...

Myanmar's junta through the Myanmar Investment Commission has given the final approval for the sale of Telenor’s operations in the country to a local...

Thailand’s PTT Exploration & Production (PTTEP), a unit of Thai state-controlled oil and gas giant PTT, will be taking over the stake of French...

Malaysia’s oil giant Petronas and Japanese conglomerate Mitsubishi are divesting their stakes in Myanmar’s Yetagun gas field, the companies said on February 18, in...

The World Bank is maintaining a bleak outlook for Myanmar from the double whammy of the military coup on February 1, 2021 and the...

France’s TotalEnergies and US-headquartered Chevron, two of the world’s largest energy conglomerates, announced on January 21 that they were ceasing all operations in Myanmar. As...

Myanmar’s military government implemented a hefty raise of the commercial tax on Internet services on January 8, state-run newspaper Global New Light of Myanmar...