Business

‘I don’t want to be a burden’: Fleeing workers see no future in the countryside

With jobs in rural areas scarce, thousands of workers who have returned to their villages to escape violent crackdowns in Yangon are unable to support their families and are relying on relatives.

BY Frontier

News Feed, News Feed, News, Business

Despite public fury, businesses split over response to regime

While boycotts targeting regime-compliant businesses gain momentum, some Myanmar tycoons and foreign investors are reluctant to burn bridges with the military.

BY Frontier

News Feed, News Feed, News, Business

‘We can’t plan for the future’: Myanmar’s businesses struggle to survive

The fallout from the February 1 coup has left the economy reeling, with far-reaching disruption to businesses and an inability to plan for the future. Frontier spoke to six business leaders on the steps they are taking to survive and what needs to happen for Myanmar to avoid economic calamity.

BY Frontier

News Feed, Uncategorized, Bizfeed, News, Business

Foreign firms face tough choices over Myanmar unrest

NGOs have urged companies to review their presence as the military dramatically ramps up its use of lethal force against protesters.

BY AFP

Highlights

News Feed, News

Vitriol in cyberspace for celebrities who stayed silent

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German company halts supply of Myanmar bank note components

Giesecke and Devrient said it was halting deliveries with immediate effect, and had already been restricting supply to Myanmar's state-owned print works for several weeks.

BY AFP

News Feed, Bizfeed, News, Business

Private banks hit with fines for failing to reopen branches

The Central Bank of Myanmar has started issuing weekly fines ranging from K2 million to K30 million to local private banks that continue to keep branches shut, as reopening slowly gathers pace.

BY Frontier

News Feed, Bizfeed, News, Business

Military piles pressure on private banks to reopen – or else

Bankers say they are facing threats of nationalisation or forced reopening as the military regime grapples with an industry-wide strike, but a lack of physical cash also looms as a potential crisis point.

BY Frontier

News Feed, News, Business

‘Nothing is moving’: CDM freezes foreign trade, raising fears of shortages

Striking truck drivers, bureaucrats and bank workers have brought international trade through Yangon’s ports to a standstill, with exports estimated to be down as much as 90 percent since February 1.

BY Frontier

Latest Issue

Volume 6, Issue 18

January 27, 2021

Stories in this issue

Editorial, Opinion

Myanmar enters 2021 with more friends than foes

The early delivery of vaccines is one of the many boons of the country’s geopolitics, but to really take advantage, Myanmar must bury the legacy of its isolationist past.

News Feed, News

Will the Kayin BGF go quietly?

The Kayin State Border Guard Force has come under intense pressure from the Tatmadaw over its extensive, controversial business interests and there’s concern the ultimatum could trigger fresh hostilities in one of the country’s most war-torn areas.

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Business

Highlights

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Latest Issue

Myanmar enters 2021 with more friends than foes

Will the Kayin BGF go quietly?

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