The bank said growth was expected to slow from 6.8 percent in 2017-18 to 6.2 percent in 2018-19 and face potential risks to recovery.
Country’s first credit-rating firm signs software deal with Equifax
Private lenders made billions of kyats on Dec. 4 thanks to intervention when dollar was low; vice governor says transaction was routine.
Four Chinese companies, consortiums between Myanmar, China, Japan and Thailand and French, Korean and Japanese companies are contenders for the first phase of the project.
Myanmar’s largest private bank was named Myanmar Bank of the Year for 2018 by The Banker for its leading role in the country’s financial sector by using new digital technologies.
Growth in China's vast manufacturing sector stalled for the first time in over two years in November as new orders shrank, adding pressure on Beijing.
Details of huge industrial park and port project remain vague, NGOs say
Local affiliate SHOP.com says 1,500 orders placed in first hour, mostly via mobile phones
The Central Bank said its decision to let foreign banks operating in the country lend to domestic companies will help exporters finance their trade with the rest of the world.
Joint Myanmar-Chinese consortium will have concession rights to operate deep seaport in Rakhine as part of the project.
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