News Myanmar » Magway » Economy: Myanmar Economy to Shrink Further in 2025, World Bank Says
Myanmar’s economy is set to contract further in 2025, the World Bank said in its latest outlook, after a year of conflict in which resistance groups made significant inroads against the country’s ...
News Myanmar » Magway » Economy: Myanmar’s Economy Shrank 2 Percent in Year to March, Report Says
Myanmar’s economy is set to shrink by 2 percent this financial year, due to the effects of intensifying conflict and economic mismanagement by the military junta, according to the latest Myanmar ...
News Myanmar » Magway » Economy: As Inflation Soars, Myanmar Shop Owners Are Jailed for Raising Wages
Myanmar’s junta, facing a growing popular rebellion, has plunged the country into economic crisis, reversing gains from a decade of civilian leadership. By Richard C. Paddock With Myanmar’s currency ...
News Myanmar » Magway » Economy: Nearly 30,000 civilians displaced by fighting in Myanmar’s heartland
Nearly 30,000 civilians in central Myanmar’s Sagaing and Magway regions were forced to flee their homes in February, residents and aid workers said Friday, as fighting between the military and rebel ...
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