YANGON/GENEVA (Bloomberg): The World Bank expects Myanmar’s economy to contract in the current fiscal year, as elevated inflation, a slumping currency, and electricity and labor shortages ...
which is based on the United Nations World Population Prospects report. The World Bank has estimated Myanmar's population at 50.7 million in 2014.
Myanmar’s military seized power in a coup, and the country’s economy, already hammered by the pandemic, started to buckle.
Myanmar's military deposed the elected government led by Nobel laureate Aung San Suu Kyi. She remains in jail and the country is mired in a brutal civil war.
Myanmar's power crisis has worsened steadily since 2021, the World Bank said last year, blaming ageing power plants, the gas shortage, damage to the national grid, lack of spare parts, and weak ...
A World Bank report found that 17 percent of Myanmar firms surveyed had invested in off-grid solar power. Zaw Htay Aung, the director of Sun Solar Myanmar Company, said he has seen a rise in the ...
Thailand will suspend electricity supply to some border areas with Myanmar in an effort to curb scam centres, its government ...
The Australian former special economic adviser to Aung San Suu Kyi, imprisoned for 21 months by the Myanmar junta that ...