News Myanmar Bank deposits: Junta Accuses Ousted Deputy Governor of Central Bank of Myanmar of Corruption
Dr. Bo Bo Nge is accused of failing to tax a donation from billionaire George Soros’s Open Society Foundation among other charges.
News Myanmar Bank deposits: Myanmar's central bank blacklists 158 companies for violating regulation
YANGON (Xinhua): The Central Bank of Myanmar (CBM) has added 158 companies to a blacklist for failing to deposit export earnings into accounts in domestic banks within the prescribed periods. The ...
News Myanmar Bank deposits: Myanmar Central Bank Orders Government Agencies to Stop Using Foreign Currencies
The move is designed to strengthen further the junta’s control of foreign currency flows, amid Myanmar’s full-spectrum economic crisis.
News Myanmar Bank deposits: Myanmar central bank says FX deposits must be converted into kyat
(Reuters) -- Foreign exchange earned by locals in Myanmar must be deposited in accounts at licensed banks and exchanged for the local currency within one working day, the central bank said ...
News Myanmar Bank deposits: Myanmar central bank says FX deposits must be converted into local currency
Foreign exchange earned by locals in Myanmar must be deposited in accounts at licensed banks and exchanged for the local currency within one working day, the central bank said, as the country's military authorities seek more control over foreign currency flows.
News Myanmar Bank deposits: Chinese Firms Stalling on Myanmar Solar Power Projects
Agreements by Chinese companies to build 28 solar power plants are not being followed under the military regime.
News Myanmar Bank deposits: Energy giants’ Myanmar exit renews attention on sanctions
A decision by energy giants Total and Chevron to pull out of a gas project in Myanmar has reignited calls for multinationals and banks to stop doing business with the country and for governments to ...
News Myanmar Bank deposits: Myanmar public urges gas sanctions to stop military funding
The young woman in Myanmar decided to speak out when she realized that money from the company she loved was now in the hands of the military leaders she hated. She and her parents had long worked for ...
News Myanmar Bank deposits: Lines, tokens and money brokers: Myanmar's crumbling economy runs low on cash
Private banks in Myanmar are required to deposit a certain percentage of their customers’ money with the country’s central bank, as a way of protecting savings. Two bankers told Reuters their ...
