Business
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Myanmar trade limited to Thai border as other crossings close
As battles between the military and resistance forces escalate, border gates to China, India and Bangladesh are no longer open and commercial routes are blocked
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Myanmar regime revokes more than 100 companies’ currency exchange licences
Over 160 businesses have lost their licences since March, reportedly for noncompliance with the junta's increasingly stringent controls intended to prop up the value of the kyat
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Junta threatens businesses to stock military-made products amid boycotts
The regime’s move to compel stores and restaurants to carry their brands is an apparent response to substantial revenue losses incurred since the coup
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Myanmar regime arrests army general, targets businessmen and traders as economy continues to suffer
Failing to amass enough foreign revenue or keep prices under control, the junta has resorted to investigating one of its own generals among other officials, demanding back taxes from border traders, and cracking down on businessmen
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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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