The Irrawaddy has investigated 20 firms that helped fund Monday's parade in Naypyitaw.
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2 April 2023
Yangon
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Myanmar’s Tough Economic Times Forecast to Continue
Economists predict low growth and high inflation for Myanmar this year. The Irrawaddy looks at the key forecasts for 2023 in a series of infographics.
Uncertainty Looms Over Myanmar Economy: World Bank
The global financial body has predicted that deepening conflict, unnecessary regime regulations and international problems could prevent economic recovery.
Myanmar Junta-Controlled Innwa Bank Continues to Use Global Financial System: Report
The activist group Justice For Myanmar says foreign governments need to target Innwa and other regime assets or risk complicity in its atrocities.
Economic Meltdown Highlights Success of NLD’s Policies
The Irrawaddy assesses the legacy of four National League for Democracy economic figures who helped stabilize finances after decades of military mismanagement.
Daughter of Myanmar Junta Crony Briefly Detained at Yangon Airport
It is unclear why officials questioned Daw Nang Lang Kham, Kanbawza Bank deputy CEO and daughter of junta-linked tycoon U Aung Ko Win; the junta later apologized.
Thai Firm Takes Over Myanmar Gas Field After Withdrawal of Chevron, Total
State-owned PTTEP will take control of operations from July 20; the field accounts for roughly half of Myanmar's gas demand and 11 percent of Thailand's.
Most Japanese Firms Investing in Myanmar Remain Despite Coup
Fewer than 7 percent of Japanese companies doing business in the country plan to leave despite the turmoil caused by last year’s military coup, a survey shows.
Uzbek Plane Supplies Myanmar Junta with Banknote Paper
The regime appears to be running out of paper money since Myanmar’s German supplier withdrew its services in March.
Electricity Office in Myanmar Capital Targeted With Bomb Blast
The attack in Naypyitaw was a warning to the junta not to collect unpaid electricity bills by force.
Myanmar Regime Says Private Banks’ Foreign Hires Must Be Approved
Private lenders must seek the Central Bank of Myanmar’s nod before recruiting foreigners, whose appointments will be limited.
Myanmar Regime's Ban on Imported Soap and Toothpaste Criticized for Aiming to Boost Military Profits
The junta is apparently trying to stimulate military-owned businesses by outlawing imports of daily essentials.
Total, Chevron Suspend Some Payments to Myanmar Junta-Linked Energy Firm
Critics say pausing dividends to the pipeline firm, a joint venture with regime-controlled MOGE, doesn’t go far enough, as the junta still earns money from gas projects.
UN Panel Calls on Int’l Business Community to Take Stand on Myanmar Junta’s Abuses
Experts from the UN working group on business and human rights warned companies they risk becoming complicit in crimes if they continue to operate in Myanmar.
Myanmar’s Tough Economic Times Forecast to Continue
Uncertainty Looms Over Myanmar Economy: World Bank
Myanmar Junta-Controlled Innwa Bank Continues to Use Global Financial System: Report
Economic Meltdown Highlights Success of NLD’s Policies
Myanmar Junta-Controlled Innwa Bank Continues to Use Global Financial System: Report
Myanmar Central Bank Limits ATM Transactions, Account Withdrawals
Irrawaddy Business Roundup
Over 7,000 Apply to Run in Myanmar’s November Election