A boycott launched in the wake of the February 1 coup has caused sales of Myanmar Beer to plummet – and may even have wiped US$1 billion off the value of its military-linked parent company.
Sagaing Region residents equipped with single-shot traditional rifles known as “tumi guns” – and in some cases more modern weaponry – are resisting security forces’ attempts to crush anti-coup protests.
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A number of hostages seized by the Arakan Army in a raid on a ferry packed with scores of Myanmar security forces have been killed, both sides said.