Strengthening Myanmar’s banking sector is key to economic growth

Central to Myanmar’s economic development is the reform of its finance sector and specifically its banking sector. Banks play a fundamental role in the transformation of market economies. Recently the government has enacted a series of laws intended to reform and strengthen its banking institutions to restore investors’ confidence and to make capital more accessible. […]

Inflation Expected to Rise as Myanmar’s Economy Grows

YANGON — While observers are positive about the economic outlook as Myanmar enters a new fiscal year, the Asian Development Bank (ADB) and the International Monetary Fund (IMF) both predict rising inflation, pushing the cost of living up for the country’s mostly poor population. The ADB on Tuesday released its annual Asian Development Outlook report, […]