This article was written by Sean Turnell and posted on East Asia Forum
On 1 July 2020, the European Union and six of its member governments announced a moratorium on debt repayments due from Myanmar. The agreement allows Myanmar to ‘focus efforts on economic recovery from COVID-19’ and is worth...
"Fix the money, fix Myanmar"
This is the slogan of Myanmar Dollar-MYD, the newly emerged cryptocurrency, which is intended to counter the junta’s grip on Myanmar Kyat. This is one of the facets of the revolution against the coup. Unlike A-May Suu Token, a crypto token that emerged after the...
By Josh Smith and Sangmi Cha
SEOUL, April 10 (Reuters) - South Korean officials on Friday reported 91 patients thought cleared of the new coronavirus had tested positive again.
Jeong Eun-kyeong, director of the Korea Centers for Disease Control and Prevention (KCDC), told a briefing that the virus may have been...
By Kiyoshi Takenaka
TOKYO, May 12 (Reuters) - Japan plans to approve its first coronavirus antigen testing kits on Wednesday, a health ministry official said, to boost the number of diagnostic tests available to battle the pandemic.
Fujirebio, a subsidiary of Japanese diagnostics and laboratory testing service provider Miraca Holdings, last...
TOKYO
Japanese stocks fell on Monday, December 16, slipping from an over- one-year high hit in the previous session as investors booked profits following an initial rally sparked by a preliminary trade deal between the United States and China.
The Nikkei index ended down 0.29 percent at 23,952.35 with the industrial...
Avis Myanmar plans to continue the investment by tripling the size of Avis Fleet in 2021 with estimated investment values around USD 4 million since it is optimistic about the prospect of the country after this challenging pandemic.
The pandemic Covid-19 profoundly changed the global political and economic arena. With...
After the Central Bank of Myanmar has tightened the dollar exchange rate to between 0.5% of its reference rate by an order issued on November 9, the dollar rate against Myanmar Kyat has dropped to MMK 1,778 per dollar today.
Following the order, there were more buyers than sellers in...
By Leika Kihara
TOKYO, April 24 (Reuters) - Japan's core consumer inflation eased in March for the second straight month, underscoring fears that slumping oil costs and soft consumption because of the coronavirus pandemic might push the country back into deflation.
The data released on Friday comes just ahead of the...
U Kyaw Tin, Union Minister of the Ministry of International Cooperation, has requested China for early access to the COVID-19 vaccine.
“We need to increase collaboration between the developing country to respond to the health challenges we are facing and fight all forms of poverty. Myanmar is continuing its fight...
John Geddie (REUTERS)
SINGAPORE
Singapore said on Thursday it had levied an S$11.2 million ($8 million) fine on Swiss bank UBS after investigations showed its advisors deceived clients over prices for bonds and structured products.
The Monetary Authority of Singapore (MAS) said UBS had reported certain malpractices in Hong Kong and Singapore...
