(CNN) — Once considered among the most promising economies in Southeast Asia with a growing middle class, Myanmar is now suffering from soaring levels of poverty as a devastating civil war drives tens ...
BANGKOK, Thailand — Myanmar was a rising star in Southeast Asia before its military seized power three years ago in a takeover that has brought civil strife and a tightening vise of international ...
Almost half of Myanmar's population of roughly 55 million people is living below the poverty line -- a figure that nearly doubled from 2017 to 2023, a UN report said on April 11. Underscoring the ...
BANGKOK — Myanmar, once a thriving emerging economy, is struggling to regain momentum as the country’s civil war increasingly disrupts trade and livelihoods. World Bank economists estimate the country ...
The World Bank predicts the country’s economy to grow by 1 percent this fiscal year, but even that seems optimistic in the current circumstances. Myanmar’s economic performance will remain “feeble” ...
(Reuters) - Poverty in Myanmar is more widespread than at any time in the last six years and growth in the conflict-torn nation is likely to remain at a measly 1% in the current fiscal year with ...
LONDON -- The military junta in Myanmar dropped at least one bomb from a paraglider, killing at least 18 people and injuring ...
(Reuters) - The dual impacts of the pandemic and Myanmar's political crisis triggered by a military coup could result in nearly half the population, or as many as 25 million people, dropping into ...