The Action Collaboration Transformation deal was signed to demand workers’ rights in the garment sector.
The regime appears to be running out of paper money since Myanmar’s German supplier withdrew its services in March.
The junta is apparently trying to stimulate military-owned businesses by outlawing imports of daily essentials.
The Irrawaddy charts how the February coup has economically devastated the country in just over three months.
Australian Sean Turnell, the director of research at Myanmar Development Institute, has been under detention since the coup last week.
Foreign firms are closing as businesses express concerns about the recovery and the security of their investments after the coup.
Foreign investment continues to arrive in Myanmar with a major South Korean bank opening in Yangon as honey producers eye EU exports.
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.
Yoma Central strikers say they are not being paid their wages or social-security allowances.
Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.
© 2023 Irrawaddy Publishing Group. All Rights Reserved