Myanmar economy - updates

Rappler's latest stories on Myanmar economy


IMF approves emergency funding for pandemic-hit Myanmar

Jun 27, 2020 - 9:15 AM

Myanmar will receive $356.5 million in emergency financial assistance from the International Monetary Fund

People work at a tailor training centre, recently reopened with new plastic dividers to halt the spread of the COVID-19 coronavirus, in Yangon on June 9, 2020. (Photo by Ye Aung THU / AFP)

Emerging Myanmar discovering it pays to insure

Aug 03, 2016 - 11:20 PM

Though most people in Myanmar are not yet interested in getting insurance experts believe there is huge potential to be tapped in the coming years

In this photo taken on May 12, 2016, Myanmar pharmacy shop owner Aye Aye Nge (C) handles a customer transaction from her stall at a new commercial building at the Shwe Mingalar market in Yangon. It was only when Aye Aye Nge's pharmacy burned down for the second time that she thought about taking out insurance, a novelty in impoverished Myanmar where most people either can't afford to buy premiums or don't trust those selling them. / AFP PHOTO / ROMEO GACAD / TO GO WITH Myanmar-economy-insurance,FEATURE by Hla Hla Htay

Floods, political change hamper Myanmar growth – World Bank

May 31, 2016 - 11:00 PM

The World Bank estimates 7 GDP growth for Myanmar during the 2015 16 financial year

epa04953916 Street vendors walk through flooded roads near the ThiriMandalar Express bus station in Mandalay, Myanmar, 28 September 2015. Heavy monsoon rains caused floods around Mandalay. EPA/HEIN HTET

Aquino's APEC, ASEAN trips to cost P24M

Nov 09, 2014 - 11:15 AM

Aquino will be in China for the 22nd APEC Economic Leaders Meeting and will then proceed to Myanmar to attend the 25th ASEAN Summit

OFF TO CHINA, MYANMAR. President Benigno S. Aquino III delivers his departure statement during the send-off ceremony at the NAIA terminal II before he departs for the APEC and ASEAN summits, 9 Nov 2014. Photo by Robert Viñas/ Malacañang Photo Bureau

Reforming Myanmar courts investors at 'Asia's Davos'

Jun 05, 2013 - 7:42 AM

Hundreds of world leaders and industry chiefs meet in Myanmar Wednesday as the fast changing nation woos foreign investors after the end of junta rule

BACK IN MYANMAR. This picture taken on June 3, 2013 shows a woman walking past Coca-Cola cans sitting on a shelf at a supermarket in Yangon. Coca-Cola on June 4 opened a factory in Myanmar as it returns to the former pariah state after an absence of more than six decades. Photo by Ye Aung Thu/AFP

Myanmar unveils major debt relief deal

Jan 28, 2013 - 2:25 PM

Myanmar on Monday January 28 announced a deal with international lenders to cancel nearly 6 billion of its debt another milestone in the rapid transformation of the former junta ruled nation

Myanmar could be Asia's 'rising star': IMF

Nov 22, 2012 - 7:43 AM

Myanmar can become Asia s next economic engine if it enacts vast reforms the IMF says signaling the country could receive a Fund monitoring program in 2013