Business
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Singaporean company pulls out of Myanmar energy project
The company, Avarga Limited, said that its operations in Myanmar had deteriorated significantly since the 2021 coup
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As war rages on, banking services collapse in western Myanmar’s Rakhine State
The lack of cash in the state is adding to the hardships of residents reeling from a conflict that shows no signs of ending
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Myanmar’s jade trade plummets as troubles persist along China border
The industry—a major source of revenue for the regime—lost nearly a quarter of it value last year and continues to slide
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Myanmar junta imposes more restrictions on imports
The move is the latest by the regime aimed at tightening its grip over the country’s dwindling hard currency supply
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Myanmar junta turns to barter to deal with growing trade deficit
The move comes as the national currency, the kyat, continues its month-long slide to new lows against the dollar
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