mm01
Read More

Cash shortages bug businesses and consumers in Myanmar

Myanmar businesses and consumers have been facing serious problems obtaining cash in the wake of the 1 February coup. Since the military takeover, the country has been crippled by a cash shortage with banks placing limits on ATM cash withdrawals and introducing token systems to restrict the number of customers making counter transactions. People queuing […]

Read More
th02
Read More

Phu Nam Rom border crossing reopened for freight

KANCHANABURI: The Phu Nam Rom border crossing in Muang district will reopen from Wednesday for transport of cargo between Thailand and Myanmar. Governor Jirakiat Phumsawat, chairman of the provincial communicable disease committee, issued an order on Tuesday to open the Phu Nam Ron checkpoint, opposite Myanmar’s Tiki checkpoint. He said the Covid-19 situation on the […]

Read More
CLMVT01
Read More

CLMVT strategy refined

With the Covid-19 pandemic expected to leave long-term impacts on global investment patterns and consumer behaviour, the CLMVT countries are counting on closer economic cooperation within Southeast Asia to help them benefit from each other’s strengths. That cooperation will help the region keep up with megatrends such as persistent geopolitical tension, fast changing technology and […]

Read More
th04
Read More

Myanmar GDP growth expected to contract 18%

Myanmar’s economy is expected to shrink by 18% in 2021, the World Bank said on Monday, as a result of massive unrest following a military coup and a resurgent coronavirus outbreak. The country has been in turmoil since the military took power in February and launched a bloody crackdown on dissent that has killed more […]

Read More