Showing 1 - 10 of 169
New world disorder
Business, Post Reporters, Published on 19/12/2022
» The world is likely to become brittle, anxious, non-linear and incomprehensible, posing new challenges to businesses after the pandemic, says an industry association.
China's Military Is Catching Up to the U.S. Is It Ready for Battle?
Business, Published on 22/10/2022
» China's military is emerging as a true competitor to the U.S. under Xi Jinping.
Myanmar central bank weakens official fx rate for kyat currency by 13.5%
Published on 08/08/2022
» Myanmar's central bank weakened its kyat currency from 1,850 to 2,100 per dollar on Monday, according to a statement published in a state newspaper.
Myanmar central bank orders firms with up to 35% foreign ownership to convert forex
Published on 18/07/2022
» Myanmar's central bank has ordered companies with up to 35% foreign ownership to convert foreign exchange into the local currency, state media reported on Monday, extending a rule aimed at relieving pressure on the kyat to include more businesses.
Japan's Kirin offloads Myanmar beer business over coup
AFP, Published on 30/06/2022
» Japanese drinks giant Kirin said Thursday it has agreed to a buyout of its shares in a Myanmar joint venture with a junta-linked conglomerate, completing its exit from the market over the 2021 coup.
Myanmar exempts foreign entities from exchange rules after business outcry
Published on 21/04/2022
» Myanmar's central bank has announced a broad exemption of foreign entities from a controversial new policy requiring foreign exchange to be converted into local currency, a rule that triggered panic among business groups and residents.
More young people in Myanmar taking up arms
Asia focus, Published on 28/02/2022
» Young people in Mon State who not long ago were actively engaged in campaigning for elections in Myanmar have shifted from protesting in the streets against the military to taking up arms to defend their rights and freedoms.
Myanmar junta firm applies to end Kirin brewery deal
AFP, Published on 24/11/2021
» A Myanmar military conglomerate has applied to dissolve the brewery it runs with Japanese beer giant Kirin, state media said, as its once-popular drink reels under a coup-inspired boycott.
Myanmar GDP growth expected to contract 18%
Business, Published on 27/07/2021
» Myanmar's economy is expected to shrink by 18% in 2021, the World Bank said on Monday, as a result of massive unrest following a military coup and a resurgent coronavirus outbreak.
Capping carbon
Asia focus, Pattama Kuentak, Published on 12/07/2021
» While the world has been fighting the prolonged Covid-19 pandemic, the global emergency posed by climate change is growing more alarming. Powerful nations are rolling out plans and policies to weather the crisis and hoping to bring the rest of the world into line.