Japanese trading house Marubeni Corp has no plans to book impairment losses on its Myanmar business in this financial year, but is “deeply concerned” over the situation in the country and has halted a …
COVID-19: The situation in Bangladesh, Sri Lanka, Myanmar and Bhutan
In Bangladesh, an ongoing nationwide lockdown is being extended until mid-May. In Sri Lanka, the total number of confirmed cases has topped 115,000. Schools have been shut, and people are urged to …
Norway’s Telenor writes off Myanmar business after coup, posts Q1 loss
Norway’s Telenor is experiencing a first-quarter loss after the Myanmar military seized power in the 1 February coup and the company has written off the value of the company’s operations …
Young males being disappeared by Myanmar security forces
Myanmar’s security forces are arresting and forcibly disappearing thousands of people, especially boys and young men, in a sweeping bid to break the back of a three-month uprising against a military …
Civil Society Groups Urge UN Arms Embargo on Myanmar
More than 200 civil society and human rights groups from around the world have called on the U.N. Security Council to impose an arms embargo against Myanmar, in hopes of preventing the military from …
Calls Grow to Cut Myanmar Junta’s External Financial Lifelines
shipping and Myanmar National Airlines sales. However, each of these is controlled by an off-budget state-owned enterprise that retains 55 percent of profits and does not submit financial information …
French giant Total funding Myanmar’s military junta: Le Monde
French energy giant Total’s gas operation in Myanmar has been financially supporting the military junta by diverting funds from gas sales to …
Telenor writes off Myanmar business after coup, posts Q1 loss
Norway’s Telenor wrote off the value of its Myanmar operation in light of the country’s deteriorating security and human rights situation, plunging the group into a first-quarter loss and sending its …
Myanmar’s U.N. Envoy Tells U.S. Lawmakers More Sanctions Needed
Myanmar’s ambassador to the United Nations told the U.S. Congress on Tuesday that Washington should target the state-run Myanmar oil and gas company and a state-owned bank with sanctions. Ambassador …
Telenor posts Q1 loss after writing off Myanmar business following coup
Norway’s Telenor said on Tuesday it had written off the value of its Myanmar operation in light of the country’s deteriorating security and human rights situation, plunging the group into a …