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Business Roundup
This week Myanmar’s authorities and food dealers moved to ensure staples arrived at reasonable prices amid the panic-buying that followed three COVID-19 confirmations.
3.2k
Burma
Residents in Yangon and Mandalay apartment blocks where two coronavirus patients lived have been forced to stay indoors.
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Burma
Myanmar’s parliamentary speaker has rejected a proposal to summon the military-dominated National Defence and Security Council to address a possible COVID-19 outbreak.
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Burma
The Central Bank of Myanmar has promised that the nation’s banks will operate smoothly in “any situation”.
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Burma
The Central Bank of Myanmar announced an additional 1 percent cut to interest rates, two weeks after announcing a 0.5 percent cut, as Myanmar’s economy slows due to COVID-19.
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Asia
Over one fifth of American companies say they are already back to normal operations, with another quarter expected to be back to normal by the end of April.
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Burma
Myawaddy on the Thai border is being flooded with returning migrants as they flee COVID-19 and factory closures.
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Burma
Yangon social affairs minister U Naing Ngan Lin is in isolation after coming into contact with a student who has tested coronavirus positive after returning from the UK.
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Burma
The Yangon authorities say they will deport 86 illegal Chinese migrants after 118 were found in two Yangon homes in a weekend raid.
4.7k
Burma
Myanmar’s military says it is well-prepared for a possible coronavirus outbreak with teams of medics and quarantine measures in place.
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Dateline
The heads of the Confederation of Trade Unions in Myanmar and Our Generation Network tell The Irrawaddy factories should not use COVID-19 as an excuse to sack staff.
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Business Roundup
It’s been a busy business week in Myanmar with the government looking to protect firms from COVID-19 and the textile sector taking drastic measures to import supplies.
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Burma
Myanmar has announced the closure of all its land borders to foreign nationals in a preventative measure against the coronavirus.
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Burma
After almost a year, Myanmar’s military has abandoned its lawsuit against The Irrawaddy over coverage of the Rakhine State conflict.
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Burma
Myanmar’s Department of Labor has suspended its international employment program to counter the spread of the coronavirus.
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