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.
22
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22 May 2022
Yangon
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Thai Firm Takes Over Myanmar Gas Field After Withdrawal of Chevron, Total
6.2k
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
9.5k
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.
Global Clothing Factory Deal Ditched in Protest at Myanmar Junta
9.6k
The Action Collaboration Transformation deal was signed to demand workers’ rights in the garment sector.
Uzbek Plane Supplies Myanmar Junta with Banknote Paper
11.6k
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
6.4k
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
11.8k
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
16.4k
The junta is apparently trying to stimulate military-owned businesses by outlawing imports of daily essentials.
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UN Panel Calls on Int’l Business Community to Take Stand on Myanmar Junta’s Abuses
8.8k
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 Military-Owned Brewer’s Sales Halved as Boycott Bites
10.4k
According to the military’s venture partner Kirin, Q1 sales plunged by 46% on-year at Myanmar Brewery, which is among junta-linked firms targeted by a consumer boycott.
100 Days Since Myanmar’s Coup: Looming Economic Collapse, Poverty and Hunger
15.7k
The Irrawaddy charts how the February coup has economically devastated the country in just over three months.
Myanmar Central Bank Limits ATM Transactions, Account Withdrawals
15.7k
Individuals can take out 500,000 kyats daily on ATMs, and withdraw 2 million kyats a week; companies face a weekly 20-million kyat withdrawal limit.
Growing Number of Businesses Shun Myanmar Military-Linked Goods, Services
13.7k
‘Social punishment’ campaigns launched by young activists are proving successful, as items produced by firms linked to the military disappear from stores.
Family of Suu Kyi’s Detained Economic Adviser Calls on Myanmar Military for Release
15.6k
Australian Sean Turnell, the director of research at Myanmar Development Institute, has been under detention since the coup last week.
Global Clothing Factory Deal Ditched in Protest at Myanmar Junta
Uzbek Plane Supplies Myanmar Junta with Banknote Paper
Myanmar Regime's Ban on Imported Soap and Toothpaste Criticized for Aiming to Boost Military Profits
100 Days Since Myanmar’s Coup: Looming Economic Collapse, Poverty and Hunger
Myanmar Central Bank Limits ATM Transactions, Account Withdrawals
Irrawaddy Business Roundup
Over 7,000 Apply to Run in Myanmar’s November Election
Irrawaddy Business Roundup