Showing 1 - 10 of 17
Myanmar has experienced a series of total and partial internet shutdowns since the military coup in February 2021. These restrictions have varied in intensity across the country and over time, ranging from the complete shutdown of all wireless broadband services and nightly shutdowns of fixed...
Persistent link: https://www.econbiz.de/10013254865
Transport and logistics services in Myanmar have been substantially hit by the impacts of the February 2021 coup and the surge in Coronavirus disease 2019 (COVID-19) cases. Logistics companies have been affected by rising fuel prices, border closures, and a shortage of shipping containers. While...
Persistent link: https://www.econbiz.de/10013254866
Myanmar's economy continues to be severely tested by the ongoing impacts of the military coup and the surge in COVID-19 cases in 2021. While some real-time indicators have improved in recent months, they remain consistent with a much lower level of economic activity than prior to the February...
Persistent link: https://www.econbiz.de/10013255308
This economic update provides an overview for 2012 and 2013 in Myanmar, years during which the economy continued to accelerate. The main drivers of growth were increased gas production, services, construction, foreign direct investment, and strong commodity exports. Inflation has been on the...
Persistent link: https://www.econbiz.de/10012560472
Agriculture sector growth in Myanmar averaged 2.5 percent during 2009/10-2016/17. This compares to only half of the growth rate in neighboring China and Thailand at the same stage of their economic development and less than one-third of nonagricultural growth in Myanmar. This low agricultural...
Persistent link: https://www.econbiz.de/10012247457
Since launching fundamental political and economic reforms in 2011, Myanmar has been undergoing a major transformation aimed at increasing openness, empowerment and inclusion. The economic transition has witnessed an acceleration in growth, buoyed by improved macroeconomic management, increased...
Persistent link: https://www.econbiz.de/10012247584
This budget brief presents a summary of developments in Myanmar's public finances. This report includes three sections that cover the aggregate fiscal update, public finance developments in states and regions, and core service ministries. The report relies on data from published reports of the...
Persistent link: https://www.econbiz.de/10014578842
Extremely severe cyclonic storm Mocha made landfall as a Category 4-equivalent cyclone in the Saffir-Simpson hurricane wind scale on Sunday May 14, 2023, at 07:07 UTC (14:07 local time) around Sittwe city, the capital of Rakhine State, Myanmar. Given the fragile and conflict-affected situation...
Persistent link: https://www.econbiz.de/10014579237
This report is a product of the World Bank's monitoring efforts in Myanmar and provides an in-depth look at the country's agricultural sector and food security status. This study examines intertwined challenges, falling crop yields, escalating food costs, deteriorating dietary habits, changing...
Persistent link: https://www.econbiz.de/10014579242
Economic conditions in Myanmar have deteriorated in the past six months, with the signs of recovery observed in the first half of 2023 proving to be fragile and short-lived. Conflict has escalated across much of Myanmar since October causing displacement, labor shortages, and increased logistics...
Persistent link: https://www.econbiz.de/10014579318