Myanmar economy

The Financial Action Task Force said the move was a result of the country's persistent failures to combat money laundering and terrorist financing.

The military's seizure of power has created a climate in which even carrying out human rights due diligence is next to impossible.

News that the Doha-based company is seeking to offload its Myanmar unit follows the exit of Norway’s Telenor earlier this year.

The risk assessment group Fitch Solutions predicts that the country's lost economic output won't be recouped until 2028.

While international tourism may never fully recover, domestic travel is on the rise despite widespread insecurity.

The move is designed to strengthen further the junta's control of foreign currency flows, amid Myanmar's full-spectrum economic crisis.

Under new central bank rules, all local holders of foreign currency will have to convert them to Myanmar kyats.

Given its financial ties to Myanmar, Singapore's cooperation is vital if the world is to choke off the military junta's revenue streams.

The World Wildlife Fund claims that illegal online transactions of endangered wildlife products rose 74 percent in 2021.

Fourteen months on from the military takeover, many ordinary people are struggling to pay for basic necessities.

Seeking to limit Myanmar’s reliance on the U.S. dollar in trade, the military-led administration has agreed to accept Thai baht and plans a similar arrangement to accept Indian rupees.