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Suu Kyi invites UN chief to Panglong conference

State Counsellor Aung San Suu Kyi met UN Secretary-General Antonio Guterres on Monday and invited him to attend the 21st Century Panglong Conference next week, the Ministry of Foreign Affairs announced.

China’s Xi says Belt and Road needs to reject protectionism

Chinese President Xi Jinping on Monday urged major multilateral institutions to join his new Belt and Road Initiative, stressing the importance of rejecting protectionism in seeking global economic growth.

Central bank governor under fire amid stalled reforms

Kyaw Kyaw Maung, the governor of the Central Bank of Myanmar, was reappointed to the position in 2013 by former president Thein Sein, after previously serving under Burma's former military junta.

Burma to reduce resource dependency: German delegation

Burma's government wants to pursue more sustainable economic development by depending less on resources, says a German business delegation.

INTERVIEW: Burma to push for rural development, equality, says minister-elect

Burma's first freely elected cabinet in more than half a century will focus on income equality, rural development and boosting budget revenue, the finance minister-elect said in his first interview since being picked for the job.

Dollar black market undermines Burma’s banks

Lenders say they have been forced to turn to unlicensed brokers for scarce dollars to keep the wheels of trade turning.

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