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Tag: Myanmar

Posted on July 15, 2023

Decision of the Day: Conspiracy, False Statement Counts Severed In Trial Over Assault of Myanmar Ambassador

A superseding indictment added charges for false statements. District court granted defendant’s motion to sever the conspiracy and false statements counts. The false statements counts would require a “mini-trial” directing disproportionate jury focus to defendant’s credibility in certain interviews.
Posted on July 14, 2023

No ‘silver bullet’: Experts weigh in on America’s latest Myanmar sanctions

New US sanctions on two state-owned banks have made it harder for the junta to access foreign revenue and import weapons, but experts say additional measures are needed to close loopholes.
Posted on July 13, 2023

How Close is the Philippines to Purchasing its First Submarine?

The Philippines has floated the idea of a submarine fleet since at least 2008. In Southeast Asia, only Malaysia, Indonesia, and Vietnam, and Myanmar have submarines. The Philippines and Thailand are …
Posted on July 13, 2023

Indonesia demands dialogue to end Myanmar’s post-coup crisis

Indonesia’s foreign minister on Wednesday urged dialogue to end the deep crisis in Myanmar unleashed by the February 2021 military coup. “Dialogue will pave the way to political solution. Only political solution will lead to durable peace,
Posted on July 13, 2023

As Myanmar crisis deepens, Five-Point Consensus should remain ASEAN’s focus: Indonesia foreign minister

JAKARTA: The implementation of the Five-Point Consensus (5PC) should remain the focus of the Association of Southeast Asian Nations (ASEAN), said Indonesia’s Minister of Foreign Affairs Retno Marsudi on Wednesday (Jul 12) even as the political crisis in Myanmar continues.
Posted on July 12, 2023

ASEAN chair Indonesia has little to show for Myanmar peace drive – diplomats

Indonesia, working on behalf of southeast Asian nations, has little to show so far for its intense behind-the-scenes efforts to bridge gaps between factions in Myanmar’s conflict, diplomatic sources say.
Posted on July 12, 2023

Singapore-based developer divests from Myanmar real estate project

The company, whose lease payments to the Myanmar military were uncovered by activist investigators in 2021, sold its stake in a massive Yangon complex on military-owned land to another, newly formed c …
Posted on July 11, 2023

Singapore Firm ‘Still Tied to Myanmar Junta-Linked Project Despite Stake Sale’

Singapore-listed ETC is selling its stake in Yangon’s Golden City project, built on military-owned land, but the buyer is a related company, rights group JFM said.

( read original story …)



Posted on July 11, 2023

UOB to close Myanmar Airways International’s bank accounts by Aug 15

The airline has been asked to stop using the bank for outward transactions by July 21. Read more at straitstimes.com.
Posted on July 10, 2023

Major Singapore bank halts financial services for Myanmar airline

A leaked letter signed by MAI’s CEO explains that UOB is halting the airline’s transactions, including deposits and transfers, by mid-August …

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