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Does a proposed World Bank Project support the junta?
By Paul Greening
A project is being planned to support a number of vulnerable communities in Burma. It will be funded by the World Bank...
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...
Private banks may face a liquidity crisis due to the junta’s new banking regulations
Private banks have raised concerns after the junta’s Central Bank of Myanmar (CBM) recently announced that they must deposit 2.5 percent of their cash...
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...
Military lending to major banks as experts fear sector meltdown
DVB English - 0
Burma’s banking and financial crises have worsened since the military coup, despite the military pledging that it would prop up the sectors as private...
Denko and Apex Bank crony charged with graft at China JV power plant, ex-ministers implicated
DVB English - 0
The military has hit seven high-level individuals with historical charges relating to the operation of Taunggyi’s Tigyit coal power plant.
Former NLD union minister Win...
