Myanmar’s growth prospects shrink on resurgence of COVID-19

Two men walk at the Ayeyarwady COVID-19 treatment centre built inside Thuwanna Stadium in Yangon. Photo: Aung Htay Hlaing/The Myanmar Times Myanmar’s growth prospects shrink on resurgence of COVID-19 Stringent containment measures, an uncertain export outlook and strengthening of the local currency against the US dollar could delay Myanmar’s economic recovery into 2021 following a […]

Nay Pyi Taw Union Territory should be shrunk, says MP

Upper House MP Dr Myat Nyarna Soe criticised the government for carrying out development projects throughout the Nay Pyi Taw Union Territory, despite the sparse population there. The Nay Pyi Taw Union Territory is under the direct administration of the president of Myanmar. Day-to-day functions are carried out on the president’s behalf by the Nay […]