Can Myanmar sustain growth momentum?

YANGON — The World Bank’s forecast on Jan. 30 that Myanmar’s economy will grow by more than 7% annually for the next three years might appear to be overly optimistic. In the latest issue of its Myanmar Economic Monitor, the World Bank said that while growth would most likely be around 6.5% for fiscal year […]

Singapore to Cooperate in Banking Supervision

Banking authorities of Myanmar and Singapore have agreed to cooperate in banking supervision and capacity building, an official report said. The move will be made under a memorandum of understanding signed between the Central Bank of Myanmar and the Monetary Authority of Singapore at their 5th Myanmar-Singapore Joint Ministerial Working Committee Meeting. The joint meeting […]