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.
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The ruling party has staked much of its legacy on its building works, from roads to agriculture to the restoration of holy sites.
A new version of the 10,000 kyat note will be issued on 15 June by the Central Bank of Myanmar to increase the “security status” of the currency, according to[…]
Japanese multinational Sumitomo Mitsui Banking Corporation (SMBC) will be opening its first branch in Burma this year, offering deposit and lending services for businesses operating in the country. With growth[…]
DVB Interview International’s Alex Bookbinder sits down with Burma chief Abdoulaye Seck, to discuss how the World Bank has progressed since its 2012 reengagement with the Burmese government.
Bank Negara Indonesia (BNI), Indonesia’s fourth largest bank with over nine million customers, will open a branch in Burma this year to encourage business relations between the two countries. It[…]
Settlers have returned to the Irrawaddy River-bank after local authorities evicted over 400 families before King Harald and Queen Sonya of Norway sailed the Mandalay stretch of the river.