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Nearly 30 garment factories closed in 2023; Central Bank cracks down on illegal forex businesses
FROM THE DVB NEWSROOM
Nearly 30 garment factories closed in 2023
The Federation of General Workers Myanmar (FGWM) stated that around 30 garment factories closed down...
Tourism remains below pre-pandemic levels; Central Bank revokes licenses of 123 forex dealers
FROM THE DVB NEWSROOM
Tourism remains below pre-pandemic levels
The regime’s Ministry of Hotels and Tourism states that 609,690 tourists entered Burma from January to July...
Central Bank cracks down on ‘illegal’ foreign currency; NUG to investigate death of political prisoner
FROM THE DVB NEWSROOM
Central Bank cracks down on ‘illegal’ foreign currency
The Central Bank of Myanmar (CBM) issued a directive on Aug. 20 stating that...
Flooding nationwide kills at least five; Central Bank revokes more forex licenses
FROM THE DVB NEWSROOM
Flooding nationwide kills at least five
Five people were killed and around 60,000 were displaced from their homes nationwide due to floods...
Central Bank to take action against currency traders, U.S. diplomat says junta’s elections may incite violence
FROM THE DVB NEWSROOM
Central Bank will take action against “unauthorized” currency traders
The Central Bank of Myanmar (CBM) announced that it will take action against...
KBZ Pay users and vendors frustrated by new Central Bank rules
Ma Khine Swe, 37, frowns after looking at her phone screen from her home in Bangkok, Thailand. She wasn’t able to transfer 900,000 Kyat...
