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Search Result for “exchange rate”

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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.

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BUSINESS

Myanmar looks West

Asia focus, Larry Jagan, Published on 25/03/2019

» Myanmar has embarked on a campaign to revive flagging interest among European investors, after focusing mainly on Asian countries -- the source of almost all the country's foreign investment in the last two years.

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BUSINESS

Myanmar's new investment push

Asia focus, Larry Jagan, Published on 14/01/2019

» The government of Myanmar is hoping this year will be a watershed for the country's investment and development plans. The emphasis is firmly on liberalisation and attracting foreign investors, as well as involving the local business community in the expected economic resurgence.

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WORLD

Myanmar steps up financial reforms

Asia focus, Larry Jagan, Published on 24/12/2018

» The government of Myanmar is finally putting its long-anticipated plans for economic liberalisation into overdrive. In the past few weeks it has announced numerous reforms -- including insurance liberalisation and further easing of restrictions on foreign banks, the establishment of a credit rating bureau and the formation of a "project bank" to encourage investment, especially from abroad.

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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.

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BUSINESS

Myanmar takes aim at graft

Asia focus, Larry Jagan, Published on 04/06/2018

» Myanmar's government is declaring war against corruption and preparing for significant cabinet changes amid the biggest political crisis since it took power two years ago.

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BUSINESS

Myanamar reforms gather pace

Asia focus, Larry Jagan, Published on 09/04/2018

» Myanmar has reached a critical crossroads with the start of a new financial year as the National League for Democracy (NLD) government enters its third year in office. But concrete plans for accelerated economic and political reform are in the pipeline. They mark a return to the NLD's traditional, populist principles, stressing land rights and economic fairness but with an emphasis on economic liberalisation.