Read More

Myanmar: What does Brexit mean for Myanmar?

Myanmar: What does Brexit mean for Myanmar? Tuesday, 28 June 2016 – Last week, the United Kingdom voted to excuse itself from the European Union – a move which has since taken a toll on financial markets worldwide, bringing the British pound to its lowest level in decades. Now that the intensely close referendum has […]

Read More
Read More

Myanmar: Myanmar’s Kanbawza Bank opens office in Bangkok

Myanmar: Myanmar’s Kanbawza Bank opens office in Bangkok Wednesday, 3 August 2016 – Kanbawza Bank (KBZ Bank) has opened a representative office in Bangkok, the first Myanmar bank to establish an international presence.Earlier this year, KBZ Bank officially received a licence from the Bank of Thailand to open the office in the capital. The bank […]

Read More
Read More

Myanmar banks offer international credit cards

Myanmar banks offer international credit cards THURSDAY, 23 JUNE 2016 – In a boon for holiday shoppers, Myanmar banks are starting to offer customers international credit cards for the first time. The country has only recently returned to true credit cards, which disappeared in the wake of the 2003 banking crisis. At the start of […]

Read More
Read More

Rising growth should sustain, not stifle, transition

Rising growth should sustain, not stifle, transition WEDNESDAY, 22 JUNE 2016 – Rising trade and more foreign investment could be on the way, says the World Bank, but warns that careful steps are required to ensure they provide inclusive growth and reinforce rather than undermine the country’s peace process. On June 20, the World Bank […]

Read More