Myanmar’s new military regime is striving to present a business-as-usual approach to the economy in the face of daily street protests, but even a normally pliant private sector is crying foul at some of its initial steps.
A new Central Bank deputy governor has lashed out at protesters and bank staff who have joined the Civil Disobedience Movement and forced private banks to close their branches, and claimed the military regime is “doing its best” and should be given more time.
88 Generation leader U Ko Ko Gyi has created headlines by registering a political party to compete in the 2020 election but his foray into a food processing business with a Chinese entrepreneur has received less attention.
The Myanmar Artisan Toolkit is designed to help producers in the craft and sector – the country’s fourth-largest industry, employing around 2.4 million people – build their businesses and access local and international markets.
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.