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Central Bank vice-chair shot in Yangon home
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The vice-chair of the military-controlled Central Bank of Myanmar, Than Than Swe, has been shot at her home in the Shwe Gone Yeik Mon...
Banking on Shwedagon
Burma’s most iconic Buddhist monument, Shwedagon Pagoda, has a fund of nearly 70 billion kyat (US$52 million) sitting in a bank account, earning yearly interest of up to 4bn kyat.
Central Bankers’ Crisis of Confidence
When you need your company to have a new website or if you venture on updating your old webpage with a new look and...
General Aung San one step closer to banknotes revival with Lower House vote
The Lower House of Parliament has passed a bill in favour of again printing the image of General Aung San on banknotes, with the vote on Friday overcoming opposition from the chamber’s military bloc.
In Arakan State, ruined embankments prevent rice production
The residents of flood-prone Kyaukphyu Township in southwestern Arakan State are still struggling to resume agricultural production seven years after their lands were devastated by Cyclone Giri in 2010.
Kachin rebels demand protection money from CB Bank, says Burmese military
We do requests donations from local businesses, but never using force or threats," the KIO responded.