Bangladeshi bank freezes US$ 1.1 million in accounts held by regime banks sanctioned by the US as regional banks recoil from Myanmar.
Addressing a Moscow conference by video, Min Aung Hlaing hinted his isolated regime, which is strapped for hard currency, is struggling to pay for fuel and fertilizers.
Junta’s economic ineptness, lack of electricity and instability driving foreign investment away, economists say.
Central bank’s efforts to stabilize exchange rates are backfiring and hyperinflation is next, economist warns.
Crony-owned Shwe Byain Phyu Group may reopen unit under new name to avoid more sanctions, observers say.
Analysts say junta's economic mismanagement is fuelling surge in prices of household goods.
Crony-run carrier to make its first foray outside Asia with twice-weekly flights to largest city in Siberia next month.
Loyalist Lt-General Nyo Saw has been appointed to two committees that aim to solve a crisis created by the coup.
The report says Mallee Resources Limited failed to assess the potential human rights impact of its Bawdwin mine in northern Shan State.
Beer, cigarettes and rum targeted in first phase of financial war against a “terrorist regime” accused of escalating war crimes.
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