The Norwegian company’s sale of its Myanmar unit to a firm with junta ties violates the economic grouping’s guidelines for multinational firms, their complaint alleges.
Irresponsible? Telenor’s withdrawal from Myanmar draws complaints to OECD
Myanmar-based rights groups argue that Telenor Myanmar’s sale to M1 Group could lead to the deterioration of human rights …
The World Bank forecasts Myanmar’s Economy to Contract by 18 Percent in FY 2021
The World Bank, in a report dated July 26, forecasts that the economy is expected to contract by 18 percent in 2021 Fiscal Year, which will have detrimental implications for the lives, livelihood, …
World Bank: Coup and Coronavirus Shrink Myanmar’s Economy by 18%
Myanmar’s economy is forecast to shrink by 18% as it grapples with the coronavirus and the political turmoil unleashed by a coup, the World Bank said Monday. The contracting economy threatens millions …
World Bank: Coup and Coronavirus Shrink Myanmar’s Economy by 18%
Myanmar’s economy is forecast to shrink by 18% as it grapples with the coronavirus and the political turmoil unleashed by a coup, the World Bank said Monday. The contracting economy threatens millions …
EU sanctions no ‘silver bullet’ against Myanmar’s illegal timber trade, experts say
The European Union has imposed new sanctions on a state-owned timber enterprise in Myanmar following the coup in February, as part of an international effort targeting businesses whose profits are …
Myanmar facing economic calamity from coup and COVID: World Bank
The World Bank has warned in a new report that Myanmar faces severe economic losses and a doubling of poverty as a result of the combined impact of the coup and COVID-19, with the military regime …
Myanmar facing economic calamity from coup and COVID: World Bank
The World Bank has warned in a new report that Myanmar faces severe economic losses and a doubling of poverty as a result of the combined impact of the coup and COVID-19, with the military regime …
World Bank forecasts 18% annual decline for Myanmar’s economy
Myanmar’s economy is expected to contract by 18% this year amid deepening political turmoil following the Feb. 1 military takeover and the rapid rise of a third wave of COVID-19, according to new …
World Bank forecasts 18% annual decline for Myanmar’s economy
Myanmar’s economy is expected to contract by 18% this year amid deepening political turmoil following the Feb. 1 military takeover and the rapid rise of a third wave of COVID-19, according to new …