Moderate level of inflation good for economy, say economic experts

A moderate level of inflation is good for the economy, whereas deflation has a negative impact on the country’s economy at a particular level, said U Maung Maung Win, deputy minister for Planning and Finance. What is important is to exert efforts to effectuate the development in economy, boost the livelihood of people and scale […]

Industry banks add to sector’s risk

With each new approval of an industry-focused bank, Myanmar’s banking sector becomes riskier. Instead of creating more banks, Myanmar should streamline its existing institutions to minimise the chance of a banking sector crisis, according to international advisers, who have warned the government against the systemic risks created by sector-specific banks. However, despite an already crowded […]