Tag
Myanmar economy
Myanmar OKs Use of Thai Currency in Border Trade
By Elaine Kurtenbach
Seeking to limit Myanmar’s reliance on the U.S. dollar in trade, the military-led administration has agreed to accept Thai baht and plans a similar arrangement to accept Indian rupees.
Japan’s Kirin to Finalize Withdrawal From Myanmar
By Sebastian Strangio
After a year of failed negotiations with its military-linked joint venture partner, the Japanese beverage maker has become the latest foreign firm to exit the country.
Pulling the Plug in Myanmar
By Sribala Subramanian
A coup and an energy transition break up two longstanding partnerships in the country’s oil and gas sector.
World Bank Says Myanmar’s Economic Outlook is ‘Critically Weak’
By Sebastian Strangio
The Bank estimates that Myanmar's economy is 30 percent smaller than it would have been were it not for the coup and the COVID-19 pandemic.
The Human Cost of Myanmar’s Coup Continues to Mount
By Sebastian Strangio
A new survey from UNDP reveals the impact of the coup on everyday life in Myanmar, and the desperate steps people are taking to survive.
Myanmar’s Missing Millions
By Anrike Visser
Millions of dollars in pandemic relief funding from the IMF have gone missing under the military regime, even while Myanmar battles a surge of COVID-19 cases.
Telenor in Myanmar: Norway’s Human Rights Reputation Is On the Line
By Aung Myo Min
The Norwegian firm took a principled stance to Myanmar's coup. The same can't be said for its exit from the country.
Myanmar Junta Asks Telenor Executives Not to Leave the Country
By Sebastian Strangio
The Norwegian telecoms firm is awaiting regulatory approval for the sale of its Myanmar operation.
Investors Spooked by Myanmar Crisis as Economy Braces for Free Fall
By Dominic Oo and John Liu
The February coup has rapidly unwound a decade of economic progress, while foreign investors are headed for the exits.
Myanmar’s People Facing ‘Severe Crisis’: UN Official
By Sebastian Strangio
Eight months on from the military's seizure of power, the number of people in need of U.N. support has tripled.
Myanmar’s Currency Falls to All-Time Low Amid Post-Coup Turmoil
By Sebastian Strangio
Booming demand and limited supply of U.S. dollars have seen the kyat steadily lose value.
Myanmar Hemorrhages Jobs Due to Coup Crisis, COVID-19
By Sebastian Strangio
The International Labor Organization reports “a continuous deterioration in labor market conditions since the military takeover.”