Government reduces COVID-19 restrictions
This week, the Ministry of Health and Sports allowed restaurants throughout the country to reopen as it continues to gradually reduce COVID-19 restrictions. Restaurants in areas with no confirmed COVID-19 cases may open to dine-in customers, provided
Foreign COVID-19 aid flows
Several countries have pledged loans and aid to support Myanmar’s pandemic-stricken economy as well as its short term healthcare needs. This week, the World Bank announced a new Country Partnership Framework that aims to help Myanmar recover fr
Seafood industry dries up
Fish and seafood was one of the earliest industries to suffer from the COVID-19 outbreak. As export channels began to close within China and Thailand, fish merchants were left with warehouses full of rotting merchandise. Unfortunately, the situation
Industry leader fears “irreversible damage” for factories
Myanmar Industries Association head U Aung Thein has warned of grave economic consequences of extended factory closures. Speaking to Bloomberg, Aung Thein, whose organization is Myanmar’s largest in the sector, argued against postponing the end
Thai businesses at closed border speak out
Thai businesses across the Maw Daung (or Singkhon) pass, on the southern Thai-Myanmar border, are calling for the border to be re-opened. According to the Bangkok Post, traders based in the southern province of Prachuap Khiri Khan have petitioned the
