Launching of Myanmar Productivity Center (MPC) is expected under JAIF support

Myanmar Productivity Center opens up

The Myanmar Productivity Center (MPC) was established on June 22. Indeed, the Ministry of Industry strives to foster human capital development and raise productivity for SMEs. “Towards a Better Economy” as says the motto – the MPC wants to lay
Momentum loss in Myanmar Economy

IMF warns momentum loss in Myanmar Economy

The International Monetary Fund (IMF) warned that “risks are tilted to the downside” referring to the concerns over the failure to address the humanitarian issues of Rakhine crisis. It was also warned that the Myanmar economy “appears to be los
IMF and the World Bank slashes growth forecasts

IMF and the World Bank revise growth forecasts for Myanmar

The International Monetary Fund (IMF) and the World Bank have both cut their GDP growth estimates for Myanmar in 2018-19. This highlights further indications of a lack of confidence in the country’s economy. In a statement, the IMF revised its grow