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Myanmar economy

Amid Conflict, Travel Flickers Back to Life in Myanmar
June 16, 2022

Amid Conflict, Travel Flickers Back to Life in Myanmar

By Seng Pan and Tsa Shee Nrang
While international tourism may never fully recover, domestic travel is on the rise despite widespread insecurity.

Myanmar Central Bank Orders Government Agencies to Stop Using Foreign Currencies
May 27, 2022

Myanmar Central Bank Orders Government Agencies to Stop Using Foreign Currencies

By Sebastian Strangio
The move is designed to strengthen further the junta's control of foreign currency flows, amid Myanmar's full-spectrum economic crisis.
Myanmar’s Military Junta Tightens Control Over Foreign Currency Flows
April 05, 2022

Myanmar’s Military Junta Tightens Control Over Foreign Currency Flows

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

Myanmar Financial Holdings and U.S.-Singapore Contention
April 05, 2022

Myanmar Financial Holdings and U.S.-Singapore Contention

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

Online Trade in Engandered Wildlife Booming in Myanmar Since Coup
April 01, 2022

Online Trade in Engandered Wildlife Booming in Myanmar Since Coup

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

Blackouts and Fuel Price Surges Bite in Post-Coup Myanmar
March 28, 2022

Blackouts and Fuel Price Surges Bite in Post-Coup Myanmar

By Seng Pan and Tsa Shee Nrang
Fourteen months on from the military takeover, many ordinary people are struggling to pay for basic necessities.

Myanmar OKs Use of Thai Currency in Border Trade
March 16, 2022

Myanmar OKs Use of Thai Currency in Border Trade

By Elaine Kurtenbach
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.
Japan’s Kirin to Finalize Withdrawal From Myanmar
February 15, 2022

Japan’s Kirin to Finalize Withdrawal From Myanmar

By Sebastian Strangio
After a year of failed negotiations with its military-linked joint venture partner, the Japanese beverage maker has become the latest foreign firm to exit the country.

Pulling the Plug in Myanmar
February 09, 2022

Pulling the Plug in Myanmar

By Sribala Subramanian
A coup and an energy transition break up two longstanding partnerships in the country’s oil and gas sector.

World Bank Says Myanmar’s Economic Outlook is ‘Critically Weak’
January 27, 2022

World Bank Says Myanmar’s Economic Outlook is ‘Critically Weak’

By Sebastian Strangio
The Bank estimates that Myanmar's economy is 30 percent smaller than it would have been were it not for the coup and the COVID-19 pandemic.

The Human Cost of Myanmar’s Coup Continues to Mount
December 01, 2021

The Human Cost of Myanmar’s Coup Continues to Mount

By Sebastian Strangio
A new survey from UNDP reveals the impact of the coup on everyday life in Myanmar, and the desperate steps people are taking to survive.
Myanmar’s Missing Millions
November 03, 2021

Myanmar’s Missing Millions

By Anrike Visser
Millions of dollars in pandemic relief funding from the IMF have gone missing under the military regime, even while Myanmar battles a surge of COVID-19 cases.

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