Zara owner Inditex is in the process of stopping sourcing from Myanmar, the company told Reuters on Thursday, as a result of a campaign by global workers’ union IndustriALL to convince companies to …
ThaiBev unit expanding in Myanmar
Fraser & Neave (F&N), the Singapore food and beverage group controlled by Thai Beverage Plc, is expanding its beer business in Myanmar, according to local reports.
Thai Beer Titan to Invest US$14M in Another Brewery in Myanmar
ThaiBev links up with crony conglomerate Win Brothers through its Singapore unit Fraser and Neave for new venture.
Myanmar’s military plans to move Suu Kyi to house arrest, according to unofficial reports
Reports from Myanmar say its military-controlled government plans to transfer the country’s ousted leader Aung San Suu Kyi from a prison in the capital of Naypyitaw to home confinement as part of an a …
EU imports from Myanmar surge despite sanctions
Some say that EU imports are essential in providing a livelihood to ordinary people, while others argue it plays into the junta’s narrative that it’s business-as-usual in Myanmar.
Junta’s New Banknote Sparks Inflation Panic in Myanmar, Again
Prices jump, shops shut over fears of more “juntanomics” after central bank announces a new banknote will be issued.
US Dismisses China’s Rejection of UN Accusations of Arms Transfers to Myanmar
US says it supports a UN report by Tom Andrews, the special rapporteur on human rights in Myanmar, which highlighted China exported over $267 million worth of weapons to the Myanmar military
Myanmar conglomerate Yoma bides time under military rule
BANGKOK/YANGON — Myanmar property conglomerate Yoma Group has hunkered down in survival mode since the military took control of the government two years ago, tightening its belt and waiting for the …
Myanmar Central Bank will issue its highest denomination banknote as the economy suffers
The Central Bank of army-ruled Myanmar will issue a new banknote worth twice as much as the current highest denomination.
The Day the Myanmar Junta’s Execution of Political Activists Shocked the World
On this day last year, Ko Jimmy, Ko Phyo Zeya Thaw, Ko Hla Myo Aung and Ko Aung Thura Zaw became the first political prisoners hanged in Myanmar since 1989.