Myanmar banks agreed to temporarily shut all financial services on Monday due to poor internet connections during the current political situation, the Myanmar Bankers Association said in a statement.
Myanmar banks to shut temporarily: bankers association
Myanmar banks agreed to temporarily shut all financial services on Monday due to poor internet connections during the current political situation, the Myanmar Bankers Association said in a statement.
Cambodia monitors the situation in Myanmar
Prime Minister Hun Sen said that Cambodia is monitoring the current situation in Myanmar as Myanmar leader Aung San Suu Kyi and other senior figures from the ruling party have been detained in an …
Military coup in Myanmar threatens economic recovery
The coup follows rising tension between the government and the military over claims by the military that the NDL’s landslide win during the November election was marred by fraud.
Myanmar army seizes power in coup and declares state of emergency for one year
The military coup follows a disputed election in November and is a major blow to Myanmar’s transition from military rule to democracy.
Myanmar shuts border trade with Thailand after military takeover
Myanmar has closed the border with Thailand in Mae Sai district of Chiang Rai, prompting border trade between the two countries to come to a halt. The trade halt came soon after the Myanmar army …
Bangladesh Expects Myanmar to Keep Rohingya Repatriation Commitments Despite Coup
Bangladesh called for peace and stability in Myanmar after a military coup on Monday, and said it hoped its neighbour make genuine efforts to move forward the stalled process of voluntary repatriation …
India says deeply concerned at coup in Myanmar
India’s foreign ministry said on Monday it was deeply concerned at the military coup in Myanmar. “We have noted the developments in Myanmar with deep concern,” the statement said. “We believe that the …
Myanmar releases directives for non-bank financial institutions
The Central Bank of Myanmar (CBM) has released new regulations covering the establishment, operations and business conduct of non-bank financial institutions (NBFI) in the country.
Military Coup In Myanmar, Suu Kyi Detained
The military in Myanmar on Monday seized control of the country after it detained State Counsellor Aung San Suu Kyi, President U Win Myint following escalated tensions between the government and the …