Myanmar economy
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News
More than 25,000 businesses have closed in Myanmar since the coup
Despite regime officials’ denials, Myanmar businesspeople said the increasing deregistration of domestic and foreign companies was largely due to worsening economic conditions in the country
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In-Depth
Money without value
The rapid deterioration of the Myanmar kyat and the corresponding rise in commodity prices leaves Yangon residents struggling to eat and pay rent
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News
Myanmar factories close amid deteriorating economic conditions
Manufacturers across various sectors have suspended operations or rented out their facilities while some foreign-owned factories have shut down permanently
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News
Myanmar’s economy declines despite junta claims of progress
The value of the kyat plummets to a record-breaking low after the junta chief boasts to Russian media of economic growth
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In-Depth
Alone among post-Covid Asian economies, Myanmar fails to recover under coup regime
Importers, managers and other businessmen spoke to Myanmar Now about the difficulties in operating their businesses amid the stagnation, shortages, and inflation brought about by the junta’s mismanagement
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