Escalating conflict in Myanmar raises Thai industries’ concerns over the potential trade slump and surge in illegal workers.
Sumitomo to book Y35 billion provision in 2023/2024 for losses at Myanmar unit
Japanese trading house Sumitomo Corp said on Wednesday it will book a provision of 35 billion yen ($230 million) in its results for the year just ended to account for impaired loans at its telecoms …
Sumitomo to book Y35 billion provision in 2023/2024 for losses at Myanmar unit
Japanese trading house Sumitomo Corp said on Wednesday it will book a provision of 35 billion yen ($230 million) in its results for the year just ended to account for impaired loans at its telecoms …
KDDI, Sumitomo Corp. announce loss in Myanmar telecom business
TOKYO — Japanese telecommunication operator KDDI announced on Wednesday that its subsidiary in Myanmar recorded 105 billion yen ($690 million) as a provision for doubtful receivables regarding its …
KDDI, Sumitomo Corp. announce loss in Myanmar telecom business
TOKYO — Japanese telecommunication operator KDDI announced on Wednesday that its subsidiary in Myanmar recorded 105 billion yen ($690 million) as a provision for doubtful receivables regarding its …
Feature: Why is KDDI staying and Axiata exiting Myanmar?
Joseph Waring investigates Myanmar’s mobile market, where some players have cut their losses, but KDDI has decided to ride out the storm.
Thailand ready to receive 100,000 fleeing Myanmar
BANGKOK: Thailand is prepared to accept 100,000 people fleeing Myanmar, Bangkok’s top diplomat said on Tuesday, as fighting near a crucial border town rumbled on.
Myanmar Labor Shortages Reported as Residents Flee Junta Conscription
Businesses in Myanmar’s Mandalay say workforce in some sectors has halved as junta conscription teams hunt down young men for depleted military.
Thai PM says sensitive issues at play in Myanmar dialogue, must address all sides
There were sensitive issues in initiating talks between Myanmar’s junta and anti-junta groups, Thailand’s Prime Minister Srettha Thavisin said after a cabinet meeting that discussed the escalating …
Chevron hands Myanmar gas field stake to junta, Thailand’s PTTEP
U.S. energy company Chevron has quit the Yadana natural gas field in Myanmar, a spokesperson said on Monday, more than two years after it condemned violence and human rights abuses there and announced …