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Shoon Naing

Lines, tokens and money brokers: Myanmar's crumbling economy runs low on cash

May 14 2021

(Reuters) -If you need cash in Myanmar, you have to get up early. Queues start forming outside banks at 4 a.m., where the first 15 or 30 customers are given a plastic token that will allow them to enter the bank when it opens at 9:30 a.m. and withdraw cash, according to more than a dozen people who spoke to Reuters. 

Lines, tokens and money brokers: Myanmar's crumbling economy runs low on cash

May 14 2021

May 14 If you need cash in Myanmar, you have to get up early. Queues start forming outside banks at 4 a.m., where the first 15 or 30 customers are given a plastic token that will allow them to enter the bank when it opens at 9:30 a.m. and withdraw cash, according to more than a dozen people who spoke to Reuters.

Myanmar lawmakers undaunted as parliament set to convene amid political crisis

Jan 31 2021

YANGON Myanmar's new lawmakers vowed to take their seats in parliament for the first time on Monday and said they were undaunted by threats from the army and fears of a coup after the military alleged last year's election was fraudulent.

Myanmar military allays coup fears, says it will protect constitution

Jan 30 2021

YANGON Myanmar's military said on Saturday it would protect and abide by the constitution and act according to law, a move that could allay concerns that the armed forces might attempt to seize power.

U.N. voices alarm about Myanmar after military threats, coup fears

Jan 29 2021

YANGON The United Nations and Western governments voiced alarm on Friday over threats by Myanmar's military that have stirred fears of a coup in the aftermath of an election the army says was fraudulent.

Explainer: Myanmar army flexes muscles as Suu Kyi's government begins second term

Jan 29 2021

Myanmar's powerful military has triggered worry about a coup after threatening to "take action" over alleged fraud in a November election won by the party of Aung San Suu Kyi, just days before a new parliament convenes.

Explainer: Myanmar army flexes muscles as Suu Kyi's government begins second term

Jan 29 2021

Myanmar's powerful military has triggered worry about a coup after threatening to "take action" over alleged fraud in a November election won by the party of Aung San Suu Kyi, just days before a new parliament convenes.

Myanmar poll body says no election fraud after army warns of 'action'

Jan 28 2021

YANGON Myanmar's election commission on Thursday rejected allegations by the country's military of vote fraud in last year's election and said there were no errors big enough to impact the credibility of the vote.

Myanmar prioritises healthcare workers as it launches vaccination drive

Jan 27 2021

YANGON Myanmar launched a COVID-19 vaccination programme on Wednesday, with healthcare staff and volunteer medical workers the first to receive shots of the AstraZeneca and Oxford University vaccine donated by neighbouring India.

REFILE-Myanmar launches vaccination drive, prioritises frontline healthcare workers

Jan 27 2021

YANGON, Jan 27 Myanmar launched a COVID-19 vaccination programme on Wednesday, with healthcare staff and volunteer medical workers the first to receive shots of the AstraZeneca and Oxford University vaccine donated by neighbouring India.

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