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Myanmar: Caught in the crosshairs

Feb 1 marked a return to the dark days of military rule for Myanmar. Concerns abound about how the coup will not only destabilise any progress in building democratic principles, but also freeze lucrative foreign investments and economic liberalisation. The possibility of sanctions by Western nations grows by the day as US President Joe Biden […]

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Myanmar banks reopen after closing amid military coup

Myanmar banks in the commercial hub of Yangon reopened on Tuesday after halting financial services a day earlier due to poor internet connections after the military seized power in the country, a Reuters witness said. The Myanmar bankers association had issued a statement on Monday saying it would allow members to reopen from Tuesday.  Source: https://www.bangkokpost.com/business/2061271/myanmar-banks-reopen-after-closing-amid-military-coup

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