An order by Myanmar’s central bank that all foreign currency in bank accounts must be converted into the local currency has many in the military-ruled country worried over potential losses.
Why Vietnam Holds the Trump Card in the U.S.-Vietnam Partnership
Vietnam seems to well understand its strong … and they can start taking the necessary steps now. Given its financial ties to Myanmar, Singapore’s cooperation is vital if the world is to choke …
China’s Support for Myanmar Further Shows the World Dividing into Autocracy versus Democracy
When the Myanmar junta first launched a coup, in February 2021, there was some discussion in the following months of the possibility that China, which had enjoyed a close relationship with the prior, …
China’s Support for Myanmar Further Shows the World Dividing into Autocracy versus Democracy
When the Myanmar junta first launched a coup, in February 2021, there was some discussion in the following months of the possibility that China, which had enjoyed a close relationship with the prior, …
Myanmar central bank says FX deposits must be converted into kyat
Foreign exchange earned by locals in Myanmar must be deposited in accounts at licensed banks and exchanged for the local currency within one working day, the central bank said, as the country’s …
Myanmar military’s beer sales tumble after junta boycott
When Japanese brewing giant Kirin called time on its Myanmar operations last month, the news made little difference to Kyaw Gyi — like many drinkers, he had long boycotted the beer it produced with a …
Tourists urged to avoid Myanmar as junta prepares to reopen to world
Travel agents and aid workers raise issues of safety and note that tourism dollars will only benefit the ruling military …
Why this Manipur town is keeping one eye on Myanmar
Decades-old trade ties between Moreh and the markets of Myanmar come under threat as the double whammy of Covid and coup seals borders …
China says it will back Myanmar ‘no matter how the situation changes’
China says it will back neighbour Myanmar no matter how the situation changes, in the latest show of unequivocal Chinese support for the ruling military council that seized power last year.
China to back Myanmar ‘no matter how the situation changes’
China says it will back neighbor Myanmar “no matter how the situation changes,” in the latest show of unequivocal Chinese support for the ruling military council that seized power last year. China …