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Press Release

Myanmar Announces Direct Border Trade Currency Settlement with Thailand; Plans Similar Non-Dollar Convertibility with India in Near Future
Mar 15, 2022 09:30 JST

The Myanmar Government has agreed to accept the Thai baht as an official currency for settling border trade starting this month. Thailand is the second country after China to permit its national currency to be exchangeable with the Myanmar kyat for border trade activities.
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Myanmar's Minister of Information Addresses the Domestic Security Situation, Foreign Media Perception, and Preparations for Multi-Party Elections
Feb 28, 2022 15:00 JST

The Ministry of Information (MOI) of the Union Government of Myanmar released today remarks by Minister of Information, Mr Maung Maung Ohn, addressing the domestic security situation, preparations for multi-party elections and foreign media perception.
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Myanmar Government Approved USD 3.82 Billion in Foreign Investment and USD 651 Million in Domestic Investment in First Year of State Administration Council
Jan 27, 2022 15:00 JST

The Myanmar Government said today it has approved USD 3.82 billion of foreign investments and USD 651 million equivalent(1) in domestic investments in first year since the State Administration Council (SAC) took office. The investment commitments underscore confidence in the country's economic potential amid a return to national stability and efforts to increase vaccination rates to contain the COVID-19 pandemic.
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Myanmar Government Looks to Early Resumption of Development & Infrastructure Projects with China, Its Close Neighbour and Main Trading Partner
Dec 22, 2021 17:30 JST

The Myanmar Government looks forward to re-start development projects and accelerate bilateral economic and technical cooperation with the People's Republic China (PRC), its largest trading following disruptions caused by the pandemic and recent social unrest.
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Myanmar Government Prioritizes Economic Recovery as Pandemic Infections Decline Amid Return of National Stability Ahead of Preparations for Multi-Party National Elections
Dec 07, 2021 15:30 JST

The Myanmar Government said today that it has largely restored national stability after recent civil unrest and is now focused on increasing vaccination rates to reduce COVID-19 infections and attracting local and foreign investments to jump-start economic growth and job creation.
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Myanmar Government to Re-Open Land Borders, Resume International Travel in Early 2022 After Achieving Vaccination Targets Amid Clear Signs of Economic Recovery
Nov 16, 2021 15:30 JST

The Myanmar Government announced today it will reopen land border crossings with China and Thailand next month ahead of a planned resumption of international air travel by the end of the first quarter of 2022, as vaccination rates have improved significantly amid clear signs of economic recovery from the COVID-19 pandemic.
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Myanmar Government to Re-Open Schools, Revive Economy and Support Currency to Overcome 'Triple Crisis Situations' of Pandemic, Economic Slowdown and Issues of National Stability
Oct 19, 2021 15:30 JST

The Myanmar Government announced today it would reopen schools from next month and take urgent measures to support its currency and accelerate economic recovery so as to restore national stability quickly amid an unprecedented 'triple crisis' situation in the country.
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