The military coup, on top of the Covid-19 pandemic, has hit Myanmar’s economy hard, with the kyat depreciating, business activity falling and food insecurity rising.
Myanmar coup: entrepreneurs struggle as internet blackouts, cash shortages and safety fears constrain businesses
As soon as he heard that the army had seized power on February 1, Myanmar entrepreneur Samuel, who owns a construction material company with 10 employees, rushed to Yangon bank to withdraw most of the …
Southeast Asian summit to address Myanmar’s post-coup crisis
When the 10-member Association of Southeast Asian Nations holds a special summit Saturday to discuss Myanmar, the regional body will be under as much scrutiny as the general who led the February coup …
Urgent action on Myanmar is needed but engaging the junta at the Southeast Asian leaders meeting is a risky gamble
The international community is putting its hopes on a meeting between Southeast Asian leaders this weekend to reach a breakthrough on stopping the violence in Myanmar, as the country’s ruling military …
Millions face hunger as Myanmar crisis worsens: U.N.
Up to 3.4 million more people in Myanmar will struggle to afford food in the next three to six months, the United Nations said on Thursday (April 22). The country has plunged into political turmoil …
Millions face hunger as Myanmar crisis worsens: U.N.
Up to 3.4 million more people in Myanmar will struggle to afford food in the next three to six months, the United Nations said on Thursday (April 22). The country has plunged into political turmoil …
Millions face hunger as Myanmar crisis worsens: U.N.
Up to 3.4 million more people in Myanmar will struggle to afford food in the next three to six months, the United Nations said on Thursday (April 22). The country has plunged into political turmoil …
Chevron lobbies U.S. officials on Myanmar as sanctions pressure rises
U.S. oil giant Chevron Corp CVX.N lobbied lawmakers and government officials to protect its energy interests in Myanmar during the first quarter, as the administration of President Joe Biden comes …
Chevron lobbies U.S. officials on Myanmar as sanctions pressure rises
U.S. oil giant Chevron Corp CVX.N lobbied lawmakers and government officials to protect its energy interests in Myanmar during the first quarter, as the administration of President Joe Biden comes …
Myanmar’s Economy in Freefall Under Military Regime
World Bank predicts a dire future for Myanmar’s economy with 10 percent shrink as foreign investment dries up and business sector paralyzed.