After eight months of the military coup: The inflation takes a heavy toll
Yangon (Chindwin): With an economy already weakened by the COVID-19 pandemic, the current kyat inflation has sent prices soaring for goods, electricity, gas, and oil, reaching...
Millions are at risk of the junta’s severe crackdown if Telenor telecoms goes ahead...
Yangon – Norwegian telecoms - Telenor – currently one of the mobile and internet service providers in Myanmar is about to sell its operations to...
An economic disaster is looming as the military junta repeats the same economic policy...
18 June 2022
Yangon (Chindwin): The coup leader Senior General Min Aung Hlaing, was boastful of a boost in trade surplus for the second quarter...
Myanmar regime has started cutting off supplies and transportation in northwest region
06 October 2022
Myanmar military junta destroyed roads in the Sagaing region in a bid to cut off supply access for people in the region...
France’s TotalEnergies says Myanmar Exit now comes into effect
(Melbourne): TotalEnergies, one of the largest energy companies in Myanmar, said Wednesday that its planned exit from Myanmar has now come into effect.
The Energy...
Myanmar junta gives “green light” to officially use Chinese Yan (¥) for international payment
Yangon (Chindwin) : Central Bank of Myanmar announced a move to permit four banks, including the Chinese government-owned bank, to officially facilitate the international payment...
Telenor says sale of Myanmar unit gets final approval from junta
Myanmar's junta has given the final approval for the sale of Norwegian telecommunications company Telenor's operations in the country to a local company and...
Myanmar Central Bank announced a restricted measure in a bid to prevent financial flow...
17 September 2022
As the military junta is facing a humiliating defeat across the country in battles with ethnic armed groups and other various resistance...
Corruption at border check-points flourishes again
12 September
Yangon (Chindwin): The corruption at border checkpoints is flourishing again as hundreds of thousands of Myanmar migrant workers return home from Thailand as...
Military junta to sell over ten thousand tons of timber online in coming weeks
11 September 2021
Export Marketing & Milling Department Yangon and Myanmar Timber Enterprise (MTE) has announced to sell over 10000 tons of teak wood and...