As the military seized control of the issuance of currency in Myanmar in 2021, the citizens responded by taking to the stablecoin Tether for peer-to-peer transactions and cross-border remittances.
Telenor Group agrees to sell its stake in Wave Money to Yoma Strategic
Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51 percent share of Digital Money Myanmar Limited (“Wave Money”) for USD 53 million to Yoma MFS Holdings Pte.
Chinese companies urged to cease Myanmar mines investments amid escalating violence
As the junta’s bloody crackdown on dissent intensifies, experts and advocates call on Chinese firms to take a more ethical approach and withdraw their investments.
Chinese companies urged to cease Myanmar mines investments amid escalating violence
As the junta’s bloody crackdown on dissent intensifies, experts and advocates call on Chinese firms to take a more ethical approach and withdraw their investments.
Pay your power bill or pay with your life, Myanmar soldiers warn citizens
For weeks, residents say, troops have been going door to door alongside power company workers to extract payments in major urban areas, including the nation’s two largest cities, Yangon and Mandalay …
Pay your power bill or pay with your life, Myanmar soldiers warn citizens
For weeks, residents say, troops have been going door to door alongside power company workers to extract payments in major urban areas, including the nation’s two largest cities, Yangon and Mandalay …
Philippines says ‘indispensable’ Suu Kyi must be involved in Myanmar peace process
Deposed Myanmar leader Aung San Suu Kyi is “indispensable” in restoring democracy to the military-ruled country and must be included in any peace talks, regardless of her conviction, the Philippines’ …
Pay Your Power Bill, Myanmar Soldiers Say, or Pay With Your Life
Facing a huge loss of revenue amid economic turmoil, the military has sent soldiers to act as debt collectors.
Concern in Delhi over Myanmar conflict, PLA ‘links’ with junta
With many governments favouring engagement with the Taliban in Kabul, sources in Delhi said the same yardstick should be applied to the military regime in Myanmar, though in order to cover its bases, …
Myanmar’s Suu Kyi hit by five new corruption charges – source
(Reuters) -A court in military-ruled Myanmar has announced five new corruption charges against ousted leader Aung San Suu Kyi, a source familiar with the proceedings said on Friday, adding to a …