474
Burma
Serge Pun says megaprojects under China’s Belt and Road Initiative are crucial to Myanmar’s recovery from COVID-19 as they can create employment.
1.2k
Business Roundup
This week Myanmar saw major pledges from the World Bank and Alibaba as the government promised COVID-19 relief will reach businesses beyond Yangon.
3.0k
Burma
During a call on Wednesday, Chinese President Xi Jinping and Myanmar President U Win Myint discussed how to speed up cooperation on Belt and Road Initiative projects.
3.7k
Burma
The Chinese ambassador to Myanmar has pushed to incorporate Beijing’s key strategic development projects into Myanmar’s COVID-19 Economic Relief Plan.
3.8k
Business Roundup
The Myanmar government rolled out its COVID-19 relief plan and announced investment projects, interest rate cuts and tax breaks on medical supplies as some factories reopened.
3.5k
Myanmar & COVID-19
State Counselor Daw Aung San Suu Kyi said her government’s comprehensive COVID-19 response plan would soften the economic blow of the pandemic and leave no one behind.
3.2k
Burma
The Central Bank of Myanmar has cut interest rates again, taking its total reduction to 3 percentage points in less than two months as the economy reels from COVID-19.
6.5k
Business Roundup
The Myanmar government adopts measures to support factory workers, stabilize commodity prices and delay the lottery, and the World Bank will loan the country US$50 million.
2.9k
Myanmar & COVID-19
The Myanmar government is following through on its threats to punish anyone who spreads fake news about COVID-19 as authorities arrested a man on Saturday for a Facebook post.
3.2k
Myanmar & COVID-19
The Mandalay government has banned a bus company for violating a mandate to reduce crowding in order to curb the spread of COVID-19.
5.2k
Burma
The Central Bank of Myanmar announced an additional 1 percent cut to interest rates, two weeks after announcing a 0.5 percent cut, as Myanmar’s economy slows due to COVID-19.
6.8k
Burma
The Irrawaddy presents what the military and its proxy Union Solidarity and Development Party did not want to be changed in the 2008 Constitution.
4.8k
Burma
The Central Bank will cut interest rates by 0.5 percent on April 1 in a bid to boost growth but economists say it won’t be enough as the bank’s rates remain high.
4.9k
Burma
The State Counselor said Tuesday that the government has plans in place to ensure the coronavirus outbreak does not lead to an economic crisis but gave few details.
4.6k
Burma
Over 11 days, the Myanmar military has seized drugs and paraphernalia worth nearly US$200 million in an area controlled by a military-backed militia in northern Shan State.
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