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Central Bank Of Myanmar
The Central Bank of Myanmar (; ; abbreviated CBM) is the central bank of Myanmar (formerly Burma). Organisation Its headquarter located in Naypyidaw, and it has branches in Yangon and Mandalay. The Governor is Kyaw Kyaw Maung and three Vice Governors are Soe Min, Soe Thein, Bobo Aung (Mohammed Aarif) and Bo Bo Nge. The Central Bank of Myanmar became an autonomous and independent regulatory body by the Central Bank of Myanmar Law which was enacted by the Myanmar Parliament in 2013. History The Central Bank of Myanmar was founded as the Union Bank of Burma on 3 April 1948 by the Union Bank of Burma Act, 1947 and took over the functions of the Rangoon branches of the Reserve Bank of India. The Union Bank of Burma was opened at the corner of Merchant Road and Sule Pagoda Road and had a sole right of currency issue. Role CBM has liberalised the financial organisations for competition, efficiency and integration into the regional financial system. As of the end of October ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naypyidaw
Naypyidaw, officially spelled Nay Pyi Taw (; ), is the capital and third-largest city of Myanmar. The city is located at the centre of the Naypyidaw Union Territory. It is unusual among Myanmar's cities, as it is an entirely planned city outside of any state or region. The city, then known only as Pyinmana District, officially replaced Yangon as the administrative capital of Myanmar on 6 November 2005; its official name was revealed to the public on Armed Forces Day, 27 March 2006. As the seat of the government of Myanmar, Naypyidaw is the site of the Union Parliament, the Supreme Court, the Presidential Palace, the official residences of the Cabinet of Myanmar and the headquarters of government ministries and military. Naypyidaw is notable for its unusual combination of large size and very low population density. The city hosted the 24th and 25th ASEAN Summit, the 3rd BIMSTEC Summit, the Ninth East Asia Summit, the 2013 Southeast Asian Games and the 2014 AFC U-19 Championsh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maung Maung Han
Maung may be, *Maung people of Australia ** Maung language Places *Batu Maung Vehicle *Pindad Maung People *Maung, an honorific in Burmese names * Maung Maung (other) *Cynthia Maung * Maung Khin * Kin Maung *Win Maung *Tin Maung *Nay Win Maung *Chit Maung *Kyi Maung *Bawa Maung *Saw Maung (painter) *Saw Maung *Maung Wunna *Shwe Maung *Thakin Chit Maung *Thant Sin Maung *Maung Sein Pe Maung Sein Pe (born 1920) was a Burmese sprinter. He competed in the men's 100 metres at the 1948 Summer Olympics The 1948 Summer Olympics (officially the Games of the XIV Olympiad and also known as London 1948) were an international mu ... {{dab Burmese names Burmese-language surnames Surnames of Burmese origin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Established In 1948
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1948
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buildings And Structures In Naypyidaw
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artistic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Of Myanmar
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Myanmar
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Burma
The economy of Myanmar has a nominal GDP of US$69.26 billion in 2022 and an estimated purchasing power adjusted GDP of $257.34 billion in 2022 according to the International Monetary Fund. For the 2022 estimate, GDP per capita in Myanmar would be $4,060.67 in PPP per capita and $1,409.70 in nominal per capita. History Classical era Historically, Burma was the main trade route between India and China since 100 BC. The Mon Kingdom of lower Burma served as important trading centre in the Bay of Bengal. The majority of the population involved in rice production and other forms of agriculture. Burma used a system based on siliver as a medium of exchange. All land was technically owned by the Burmese monarch. Exports, along with oil wells, gem mining and teak production were controlled by the monarch. Burma was vitally involved in the Indian Ocean trade. Logged teak was a prized export that was used in European shipbuilding, because of its durability, and became the focal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Burma
This is the list of banks in Myanmar. There are a total of 31 local banks and 13 foreign branched banks in Myanmar. Central bank * Central Bank of Myanmar State-run banks # Myanma Agricultural Development Bank # Myanma Economic Bank # Myanma Foreign Trade Bank # Myanma Investment and Commercial Bank Semi-government banks Construction, Housing and Infrastructure Development Bank# Global Treasure Bank (formerly Myanmar Livestock and Fisheries Development Bank) # Innwa Bank # Myawaddy Bank # Naypyitaw Sibin Bank # Rural Development Bank # Yadanabon Bank # Yangon City Bank Private banks SME-Development Bank# Asia Green Development Bank # Ayeyarwady Bank # Ayeyarwaddy Farmers Development Bank (A Bank) # Co-operative Bank (CB Bank) # Myanmar Citizens Bank # Glory Farmer Development Bank (G Bank) # Kanbawza Bank # Myanma Apex Bank # Mineral Development Bank (Public Company Limited) # Myanmar Microfinance Bank # Myanmar Oriental Bank # Myanma Tourism Bank # Shwe Rural and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Than Nyein (military Officer)
Than Nyein ( my, သန်းငြိမ်း; 5 August 1937 – 21 May 2014) was a Burmese politician and physician. He was one of the founders of the National Democratic Force (NDF) party, after working for the National League for Democracy (NLD) since its inception in 1988. Early life and career Than Nyein was born in Khanaung east village, Kyauktan Township in British Burma on 5 August 1937. He graduated from Institute of Medicine, Yangon in 1963 after passing high school in 1954. He worked for the Ministry of Health as a leader in the leprosy prevention group and as a township medical officer. He also served for the United Nations in Sri Lanka from 1984 to 1986. Political imprisonment He was forced to retire from government posts for his involvement in the 8888 uprising. He was arrested following an attempt by the National League for Democracy (NLD) to hold a meeting with Aung San Suu Kyi and NLD youth in Mayangone Township in Yangon. His medical licence was revoked ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kyaw Kyaw Maung
Kyaw is a town in Gangaw Township, Pakokku District ( Gangaw District), in the north-western part of the Magway Region in Myanmar. It lies on the left (eastern) bank of the Kyaw River. U.S. Army Map Service, October 1961 Transport The railway from Pakokku to the Myittha River valley runs pastKyaw
Kyaw is a town in Gangaw Township, Pakokku District (Gangaw District), in the north-western part ...
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