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Tag: Myanmar

Posted on November 24, 2022

Indefinite ban on free movement of Myanmar nationals hits border trade; affects livelihood of thousands of villagers

Victor Limthang, president of the influenctial Hill Tribes Council Moreh, said, “People in the border villages are facing problems since there is no other means of earnings.” …
Posted on November 24, 2022

Australia’s ANZ Bank Exits Myanmar Due to Post-Coup Turmoil

The bank, which was awarded a banking license in Myanmar in 2014, said it was withdrawing due to the country’s “increasing operational complexity.” …
Posted on November 24, 2022

An Assessment of Myanmar’s Parallel Civilian Govt After Almost 2 Years of Revolution

The National Unity Government has forged a nationwide armed force, but much needs to be done before it can declare victory over a brutal military dictatorship.
Posted on November 23, 2022

In Myanmar, human trafficking hub forces Filipinos into crypto scam

The ordeal of 12 Filipinos forced into a cryptocurrency scam by Chinese mafia in Myanmar is just one of thousands of human trafficking stories in Southeast Asia …
Posted on November 22, 2022

Foreign secretary raises human trafficking issue during Myanmar visit: MEA

Foreign Secretary Vinay Mohan Kwatra met senior leadership of Myanmar during his trip to the Southeast Asian country and raised the issue of human trafficking of Indians by international crime …
Posted on November 22, 2022

ANZ Bank to Withdraw From Myanmar Over ‘Operational Complexity’

Australia & New Zealand Banking Group Ltd plans to withdraw from Myanmar by next year citing increasing “operational complexity”, underscoring how global companies are turning cautious on the country …
Posted on November 22, 2022

ANZ set to pull out of pariah state Myanmar after facing ‘increasing operational complexity’

ANZ announces it will pull out of Myanmar, dealing a blow to the country’s military junta and potentially ramping up pressure on other overseas banks to turn their backs on the regime.
Posted on November 22, 2022

UPDATE 1-Australian lender ANZ to end Myanmar operations by early 2023

Australia and New Zealand Banking Group will cease its Myanmar operations by early 2023 due to the rising complexities it has been facing there over the past several months, Australia’s fourth-largest …
Posted on November 22, 2022

ANZ set to pull out of pariah state Myanmar after facing ‘increasing operational complexity’

ANZ announces it will pull out of Myanmar, dealing a blow to the country’s military junta and potentially ramping up pressure on other overseas banks to turn their backs on the regime.
Posted on November 22, 2022

Released Australian adviser supports sanctions against Myanmar officials

Australia should sanction Myanmar’s military government and the regime’s bankers, Sean Turnell, the Australian economist and adviser to deposed leader Aung San Suu Kyi said in his first interview …

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