Investigation
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In Myanmar’s heartland, a ‘public militia’ created to sow division
As its enemies in other parts of the country unite, the regime is relying on the Pyu Saw Htee to help it ‘divide and rule’ in Sagaing
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Italian steel giant Danieli called out at home for lack of ‘transparency and accountability’ in covert Myanmar operations
Activists say Italy’s authorities must investigate the company for the alleged violation of business and human rights guidelines and possibly European Union sanctions on Myanmar
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Junta fills coffers with private bank magnates’ bond purchases
Private domestic banks, whose assets consist largely of money deposited by ordinary Myanmar citizens, are effectively using the public’s money to fund the military council’s war effort
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Myanmar junta’s steel industry aided by secretive Italian firm Danieli
Existing EU sanctions fail to deter Myanmar’s military regime from seeking assistance from global steelmaker Danieli, a company accused by Ukraine of violating similar restrictions in Russia
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How Myanmar’s post-coup economy fuels war and profits the military
Since the 2021 coup, Myanmar’s military elite and those loyal to them have gained unbridled control of lucrative industries ranging from construction to telecommunications to natural resource extraction. The resulting lack of accountability and transparency has launched an ongoing debate about the role of international partners in financing the regime, to which Myanmar Now’s coverage has contributed extensively. In the first article, Myanmar Now explores how junta-affiliated companies—particularly those owned by the adult children of top generals—are “the biggest winners” in the post-coup economy, monopolising lucrative contracts and tenders nationwide, ensuring the military maintains an “oversized role” in business. Second, Myanmar Now exposes how an Australian-led mining company has continued exploratory activities in conflict-torn but gold-rich eastern Shan State amid both the withdrawal of its primary investor and an expansion of extractive activities by military-linked ventures in the region. The. . . Your first month FREE this December Get unlimited access to high-quality reporting from the frontlines and support independent journalism. Subscribe Now Already a subscriber? Log in
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