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.
15
The News For
15 March 2022
Yangon
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Global Clothing Factory Deal Ditched in Protest at Myanmar Junta
7.3k
The Action Collaboration Transformation deal was signed to demand workers’ rights in the garment sector.
Uzbek Plane Supplies Myanmar Junta with Banknote Paper
9.6k
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
5.4k
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
10.8k
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
14.6k
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
10.6k
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
8.3k
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.
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100 Days Since Myanmar’s Coup: Looming Economic Collapse, Poverty and Hunger
14.1k
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
14.8k
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
12.8k
‘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
14.8k
Australian Sean Turnell, the director of research at Myanmar Development Institute, has been under detention since the coup last week.
Kirin Scraps Joint Venture With Myanmar Military-Owned Firm After Coup
9.1k
Cutting ties with MEHL, the Japanese beverage giant said the Tatmadaw’s takeover and detention of civilian leaders “are against our standards and human rights policy.”
Sanctions Threat Already Having Chilling Effect on Business Activity in Myanmar
10.2k
Companies, especially foreign businesses, are putting investment plans on hold and some have suspended production in the wake of Monday’s military coup.
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