Yoma Central strikers say they are not being paid their wages or social-security allowances.
The SEZ committee says it lost confidence in Italian-Thai Development as its consortium had repeated delays and breaches of financial obligations.
Myanmar’s hotels have been closing and the authorities axed a deal to develop a giant economic zone. Meanwhile, an alarming fall in foreign trade has been reported.
The country is trying to buy millions of doses of COVID-19 vaccines and offset the economic impact of coronavirus.
Visiting Foreign Minister Wang Yi said Beijing would supply 300,000 doses of a coronavirus vaccine to Myanmar.
This week a Japanese beer giant took a stand against Myanmar’s military, tea orders arrived from the United States and remittance firms were licensed to transfer cash.
After a suspension of dividends to probe military funding claims, the Japanese brewer says an investigation ended inconclusively due to denial of information.
This week saw a Korean desk open in Yangon to boost bilateral trade. Work is also due to start on the Thai-backed Amata Smart City.
Wang Yi is expected to push BRI projects and discuss the issues facing Rakhine State during his visit; no specific date has yet been announced.
Myanmar’s economy is trying to break out of the COVID-19 gloom by relaxing restrictions and starting large infrastructure projects.
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