The root cause of high inflation rate in the third quarter of 2018-2019 fiscal year, is linked to high commodity prices and consumer price indexes, said Soe Thein, Vice-Governor of the Central Bank of Myanmar at the regular session of Lower House Parliament yesterday (August 27). The vice-governor replied to the question raised by Lower […]
Root cause of high inflation rate is linked to high commodity prices: CBM Vice-Governor
September 3, 2019 by
Budget deficit expected to hit K7 trillion in next fiscal year
July 2, 2019 by
Next year’s budget deficit is expected to be K7 trillion (US$4.5 billion) as the government plans to spend more in an effort to fulfil more of the public’s urgent needs, said President Win Myint. He made the comment at a National Planning Commission meeting and Finance Commission meeting for fiscal 2019-20 in Nay Pyi Taw […]
Myanmar insurance industry poised for reform, awaits liberalisation
April 19, 2018 by
Insurance providers in Myanmar can expect a more competitive and promising landscape on which to do business in the near future. With market liberalisation, which will enable firms to offer a wider variety of insurance products, on the government’s agenda, local and foreign providers alike have already started training staff and building management and IT […]
