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Myanmar: In dire straits

YANGON: Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers. Business had been struggling because of the Covid-19 pandemic, but after a Feb 1 coup that sparked mass protests and a deadly crackdown, during which his factory was set […]

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Thai firms in Myanmar seek help

The Commerce Ministry is planning to help Thai businesses in Myanmar as the prolonged political conflict is affecting their liquidity, productivity and goods transport. Permanent commerce secretary Boonyarit Kalayanamit, who discussed their problems during a meeting with businesses and Thai-Myanmar border traders on Friday, promised he will suggest Commerce Minister Jurin Laksanawisit push ahead with […]

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It’s wait-and-see for Malaysian businesses in Myanmar

KUALA LUMPUR: There are no specific indications of Malaysian businesses pulling out of Myanmar following the coup early this month but some might rethink the decision if the situation worsens, said vice president of the Malaysian Economic Association Dr Evelyn S. Devadason. The University of Malaya professor said Myanmar is also highly unlikely to be […]

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