Agreement backs both baht and kyat for border trade

Thailand and Myanmar signed a memorandum of understanding (MOU) supporting the use of both nations’ currencies for border trade. The October 21 announcement came just nine days before the opening of the second Thai-Myanmar Friendship Bridge, wh

Inflation reaches 8 percent

Myanmar’s inflation levels reached 8.53 percent in August, up from 6.94 percent at the beginning of the year, according to Myanmar’s Central Statistical Organisation. According to official figures, the average inflation rate for the previ