Hungry for cash and unable to collect tax in resistance strongholds in Sagaing, the regime has taken the unusual step of revoking sought-after liquor licences in the region and transferring them to compliant businesses in Yangon.
Despite struggling to keep the lights on, the military regime has unveiled plans to electrify the nation’s transport system, with many of the initial import permits going to companies close to the generals.
A Chinese state-owned company and the military regime are quietly pushing forward with a railway line that would run through active conflict zones, after lengthy delays due to Myanmar’s wariness, COVID-19 and then the coup.
Civil society groups say an investment protection agreement being negotiated by Myanmar and the European Union lacks transparency and exposes the government to the possibility of compensation payouts it cannot afford.
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.