Showing 1 - 10 of 243
Chinese billionaires go all-in on AI
Published on 28/06/2023
» China’s tech sector has a new obsession: competing with US titans like Google and Microsoft in the breakneck global artificial intelligence "arms race".
World Bank: Myanmar recovery years away
Published on 27/06/2023
» The economy of Myanmar has shown some signs of stabilising in the first half of this year but it is unlikely to recover to pre-Covid levels until 2027 or 2028, according to the World Bank.
Thai stocks flounder in absence of China spark
Reuters, Published on 16/06/2023
» SINGAPORE: Thailand's stock market has become the symbol of investor disenchantment with China's economic reopening, going from market darling in January to Asia's second-worst performing market by June, with little sign of a turnaround.
Western Brands Divided Over 'Made in Myanmar' After Coup
Business, Published on 06/10/2022
» Western retailers are increasingly divided over whether to buy clothes made in Myanmar, a country that had emerged as one of the world's fastest-growing garment exporters before the military staged a coup last year.
U.S. and Europe Dig In for Long Economic Standoff With Russia
Business, Published on 29/07/2022
» Western governments are bracing for a protracted economic confrontation with Russia over its invasion of Ukraine, as Moscow fights back against international sanctions by disrupting energy and food supplies.
Myanmar 'has enough funds to avert Sri Lanka-like crisis'
Bloomberg News, Published on 26/07/2022
» Myanmar has sufficient foreign reserves to avoid an economic crisis similar to Sri Lanka’s, the military government said, pushing back on suggestions by some analysts that the Southeast Asian nation faces a growing possibility of default.
US says no more 'business as usual' with Myanmar's junta
Published on 26/07/2022
» WASHINGTON: The United States on Monday said there can be no "business as usual" with Myanmar's ruling military following its execution of four democracy activists, adding that all options were on the table as it considered further measures to punish the junta.
Myanmar suspends foreign loan repayments amid dollar crunch
Published on 15/07/2022
» YANGON: The Central Bank of Myanmar ordered companies and individual borrowers to suspend repayment of foreign loans, the latest in a series of steps to defend the nation’s dwindling foreign exchange reserves.
Russia fails to pay debt but denies default
AFP, Published on 27/06/2022
» MOSCOW: Russia said Monday that two of its debt payments were blocked from reaching creditors, pushing the country closer to its first foreign default in a century due to sanctions over the Ukraine offensive.
Bangladesh pursues careful Myanmar policy
Asia focus, Published on 02/05/2022
» The history of Myanmar is one of struggle with coups, military rule, religious persecution and ethnic conflict. The ongoing violence between the country's military and organised armed civilians is now leading the country to the verge of a full-blown civil war that is unlikely to end anytime soon.