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Search Result for “kyat”

Showing 1 - 7 of 7

OPINION

Myanmar faces increasing uncertainty

Oped, Larry Jagan, Published on 01/02/2024

» Today marks the third anniversary of the military coup led by Senior General Min Aung Hlaing that ousted the democratically elected government of Aung San Suu Kyi. Over the last three years the Tatmadaw -- as the armed forces are known, has plummeted the country into ever-increasing violence and despair.

BUSINESS

Myanmar banks feel the heat

Asia focus, Larry Jagan, Published on 23/09/2019

» The fragile state of Myanmar's banking industry remains a problem for the government as it strives to liberalise the financial sector and create a genuine market-based economy. A mini-run on local banks earlier this month underscored how shaky public confidence is.

BUSINESS

Paying for power stability

Asia focus, Larry Jagan, Published on 08/07/2019

» The government of Myanmar has substantially increased electricity prices with immediate effect as it seeks to reduce its deficit -- electricity subsidies alone cost US$500 million a year -- and finance new power projects to end chronic blackouts.

BUSINESS

Yangon gets smarter

Asia focus, Larry Jagan, Published on 20/05/2019

» Yangon is introducing smart meters to control the electricity supply, monitor usage and bill customers in a single automated system. If a pilot project is successful, the potential for further development could be huge, says the entrepreneur spearheading the technology.

BUSINESS

Painful correction

Asia focus, Larry Jagan, Published on 08/10/2018

» Myanmar's currency crisis seems to have eased in recent days as a result of government actions, and to the relief of some market observers who feared an Argentina-style meltdown was in the making.

BUSINESS

Myanmar business mood darkens amid Rakhine outrage

Asia focus, Larry Jagan, Published on 24/09/2018

» Myanmar is stepping up efforts to attract foreign investment and spur economic development. A diplomatic offensive to improve the country's tarnished international image is part of the campaign, but western companies are not being swayed.

BUSINESS

Minister on a mission

Asia focus, Larry Jagan, Published on 09/07/2018

» Soe Win has been in his post for less than two months, but already there are significant signs that Myanmar's new finance minister is ready to deliver on the government's commitment to boost economic growth.