Over 5,000 factory workers marched in protest near a Yangon industrial zone Sunday to demand higher wages as the government prepares to set the new minimum wage.
This week, Myanmar celebrated the opening of a Thai fish factory and border trade with Laos, while the World Bank is forecasting a growth boost.
A day after being removed from the US Treasury Department’s currency manipulator list, China says it never engaged in the practice.
The US Treasury said it no longer considers China to be a currency manipulator, days before the two countries are due to sign a trade agreement.
In the first week of 2020, Myanmar businesses forged new financial partnerships, hosted jade emporiums and made progress on an international transparency initiative.
US-based money transfer company Western Union says it will no longer work with military-owned Myawaddy Bank following pressure from human rights organizations.
The Irrawaddy talks to Hnin Hnin Hmwe of the Democratic Party for a New Society and advocate Kyee Myint about police reform and a recent blunder in the Victoria rape case.
Police in Mandalay have arrested five people found in possession of nearly 40 million kyats in fake bills and opened a case against them for counterfeiting currency.
As the National League for Democracy government pushes economic reform, The Irrawaddy looks at events that defined Myanmar’s economy in 2019 and its prospects for growth.
The Irrawaddy speaks with union lawyer U Htay and union federation spokesperson Daw Phyo Sandar Soe on workers’ rights and developing Myanmar’s social security system.
The Confederation of Trade Unions in Myanmar is proposing to raise the minimum wage from US$3.19 to US$4.78, as a recent survey shows that the cost of living has risen.
Police in Kyauktaw, Rakhine State are on the hunt for two men who stole what may be over US$130,000 from a branch of Myanmar Economic Bank.
A new World Bank forecast for East Asia and the Pacific suggests Myanmar will likely see economic growth in the near future despite internal and external risks.
Myanmar’s government has pledged to buy farmers’ paddy rice if the market drops below a certain price; some areas are already reporting prices below the government floor.
A committee in Yangon’s regional parliament has said the government should seek parliament approval for 12 projects that are worth at least US$10 billion.