Military-led Myanmar seeks to reassure foreign investors

Dayana Jones

BANGKOK (AP) — Myanmar officials sought Thursday to counter worries over sanctions, energy shortages and currency controls that are adding to the military-led government’s challenges in managing the economy. Two ministers of Myanmar’s army-installed government said in an online briefing that approved foreign investors, embassies, United Nations agencies and non-government […]

Myanmar exempts foreign businesses, NGOs from forex rules

Dayana Jones

BANGKOK >> Myanmar is exempting approved foreign investors, embassies, United Nations agencies and non-government organizations from its rules requiring conversion of foreign exchange into the local currency, officials said Thursday. Aung Naing Oo, the army-installed government’s minister for Investment and Foreign Economic Relations, said Thursday in an online briefing that […]