Mandalay outbreak could infect trade
Myanmar’s second largest city is scrambling to prevent its own full-scale epidemic with a stay-at-home order, spot temperature checks, and other lockdown measures. And although (at the time of writing) Mandalay has less than 500 confirmed COVID
Mobile wallets boom as pandemic burns on
The second wave of COVID-19 shows no signs of slowing, and continues to deal blow after blow to the economy. This week, KBZ Bank announced that it would temporarily close 51 of its Yangon branches, leaving only 92 open as the city remains under tight
Economic minister vows to ‘build back better’
As the new COVID-19 wave slams the economy, Union minister for investment and foreign economic relations U Thaung Tun has vowed that the country will weather the storm and emerge even stronger than before. “In a different time, our isolated eco
Pandemic stops the presses
Yangon’s news media has risen on the list of COVID-19’s economic victims. A recent blanket stay-at-home order for Yangon Region has forced printing presses to close their doors and most private newspapers and magazines to suspend their pr
Thailand optimistic about trade despite stay-at-home measures
Thailand’s chamber of commerce believes trade with Myanmar will not be greatly affected by the recent stay-at-home measures in Yangon. The blanket stay-at-home order, which will continue for at least 14 days, covers the entire city and heavily
