Myanmar Regime's Ban on Imported Soap and Toothpaste Criticized for Aiming to Boost Military Profits

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.

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.

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.

The Irrawaddy charts how the February coup has economically devastated the country in just over three months.

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.

‘Social punishment’ campaigns launched by young activists are proving successful, as items produced by firms linked to the military disappear from stores.

Australian Sean Turnell, the director of research at Myanmar Development Institute, has been under detention since the coup last week.

Companies, especially foreign businesses, are putting investment plans on hold and some have suspended production in the wake of Monday’s military coup.

Foreign firms are closing as businesses express concerns about the recovery and the security of their investments after the coup.

Studies on the way on possible environmental and social impacts by Kyaukphyu port project that will give China access to the Indian Ocean.

The authorities are trying to provide Yangon with a reliable power supply to sustain economic growth.