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
Operators unfazed as Myanmar slows
August 27, 2018 by
YOUNG entrepreneurs in Myanmar remain upbeat on the country’s economic outlook despite weakening of the kyat, high inflation and delay to reform. “It is not good if you look at the exchange rate. The kyat is retreating against the US dollar and Thai baht, We are in a unstable period,” May Mon Thu, managing director […]
