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THE CENTRAL BANK OF MYANMAR
Manipur CM urges NITI Aayog to drive state's recovery and developmentManipur Chief Minister Yumnam Khemchand Singh urged NITI Aayog to spearhead the state's economic recovery and long-term development, emphas...- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- Asia finance leaders say they are ready to act to stem volatility risksFinance leaders from China, Japan, South Korea, and ASEAN nations met in Samarkand. They pledged to watch for excessive financial market vo...
- India, Myanmar discuss ways to promote trade through local currenciesIndia and Myanmar discussed promoting bilateral trade using local currencies, rupee and kyat, during a meeting between Commerce Minister Pi...
- India executes first Rs 1 crore pulses export to Myanmar under Rupee-Kyat trade settlement mechanismThe first transaction of over Rs 1 crore pulses export from India to Myanmar under the Rupee-Kyat trade settlement mechanism was successful...
- Payment mechanism for traders importing pulses from Myanmar simplified: GovtIndia has simplified the payment mechanism for traders importing pulses from Myanmar, requiring them to use the Rupee/Kyat direct payment s...
- China-Myanmar ties under shadow after rebels action along borderChina's economic ties with Myanmar face a significant hurdle as rebel groups seize strategic border towns, hindering trade routes and disru...
- Myanmar wants Rupee-Kyat trade arrangement by June-endMyanmar Commerce Minister U Aung Naing Oo on Monday expressed hope that a Rupee-Kyat trade arrangement between the two nations is finalised...
- Myanmar political standoff leaves economy in tattersThe military takeover in Myanmar has set its economy back years, if not decades, as political unrest and violence disrupt banking, trade an...
- Myanmar's junta powerless as currency drops 60% in four weeks, economy tanksThe increasing economic pressures come amid signs of an upsurge in bloodshed, as armed militias have become bolder in clashes with the army...
- Myanmar guerrillas capture government base; airstrikes followMyanmar's military staged airstrikes several hours later on villages in territory controlled by the Karen forces, said a guerrilla spokesma...
- Suu Kyi detention extended as protests continue in MyanmarSuu Kyi's extended detention is likely to further inflame tensions between the military, which seized power in a February 1 coup, and the p...
- Days before coup, IMF sent Myanmar $350 million in emergency aid it cannot get backThere appears to be little the IMF can do to claw back the funds, part of rapid-disbursing COVID-19 financing programs with almost no condi...
- Dollar loses luster against Asia's top performing currency of 2020In a year that’s upended so many norms, the dollar’s crown has slipped. The world’s reserve currency is trailing its Group-of-10 peers, but...
- NPCI looking to port UPI success to the rest of AsiaNPCI's recently set-up subsidiary NPCI International (NIPL) and Kansas-based fintech company Euronet have jointly submitted a bid to the Ce...
- India steps up engagement in Indo-Pacific region amid China's Health Silk Road initiativeIndia is stepping up engagement in its neighbourhood including in the Indian Ocean Region as part of Indo-Pacific vision amid China's renew...
- SBI among 4 new foreign banks allowed to operate in MyanmarIn April last year, Japan's Tokyo-Mitsubishi UFJ became the first foreign bank in decades to open a branch in Myanmar.
- RBI puts a stop to barter trade on Indo-Myanmar borderIndo-Myanmar border is perhaps one of the few places on the earth where barter trade still exists.
- Exim Bank gets license to open representative office in MyanmarThe EXIM Bank of India said it has received a licence to open a representative office in Myanmar's Yangon.
- United Bank of India plans Yangoon office to facilitate Indo-Myanmar tradeUnited Bank of India said it will soon seek permission of Central Bank of Myanmar to open its representative office at Yangoon.
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