China's yuan slipped to a new low and was on course for its worst month on record, as a bitter Sino-US trade row threatened to rattle the world's second-biggest economy.
Lawmakers say govt plan to set up industrial zones in 11 different Yangon townships at the same time will be unsuccessful on the ground.
The regional govt proposed buying 10 Ford cars at a cost of 100 million kyats each for official use in the 2018-19 fiscal year.
Thirteen state banks have reported combined losses of $8.6 billion for the year to March - including $6.5 billion in the last quarter.
Myanmar’s economy performed better in the 2017-18 fiscal year with a recovery in agriculture, improved manufacturing performance and strong services growth, the World Bank stated
As Myanmar’s three key operators compete for bigger market shares, they pour money into the country’s telecom industry.
The Irrawaddy rounds up significant events in what has been a troubled year for Myanmar.
China has tried to position itself as a party to promote talks between Pakistan and Afghanistan, uneasy neighbors since Pakistan’s independence in 1947.
Until then, DICA will conduct a trial for electronic registration of companies, hold discussions with stakeholders and educate the public on the new law.
U Kyaw Win said his remarks six months ago that the economy was poised to take off like a plane on ‘jet power’ were overly optimistic.
Advisers and stakeholders call for a revamped economic strategy.
The Labor Directorate hopes the new wage will strike a balance between what employers say they can afford and what employees say they need.
Central bank relaxes deadline for lenders to clear up bad debts
State Counselor cites leading role of women in the economy.
As it marks the 2nd anniversary of its historic victory, the party can point to progress on health and rights, but democratic, economic development is slow.