Business
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Military council restricts exports to Bangladesh via Maungdaw
The regime’s ban on sales of rice, onions, and other goods through the Rakhine State border town may be a response to Bangladesh’s freezing of accounts belonging to US-sanctioned Myanmar entities
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Military, Chinese preparations underway to open Kyaukphyu Special Economic Zone and deep sea port
Following a junta announcement that the controversial Rakhine coastal project is moving ahead, the Chinese state-owned company advertises jobs and promises language classes for locals
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Junta further restricts access to dollars as kyat continues to fall
The junta’s vilification of Myanmar citizens who possess and exchange dollars as "speculators" may only compound its troubles from the rapid depreciation of the kyat and underperformance across most economic sectors
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Myanmar regime looks to restart hydroelectric project in northern Shan State
The Shweli (3) project has been on hold since its major investor pulled out a month after the February 2021 coup over human rights concerns
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Shwe Byain Phyu announces dissolution of petroleum company
The conglomerate continues to operate petroleum trading subsidiaries and remains the majority owner of a telecoms network controversially purchased from Norway’s Telenor
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