Factory closures and lay-offs put over 65,000 out of a job

Factory closures and lay-offs put over 65,000 out of a job

“A total of 65,707 workers lost their jobs when factories closed or suspended operations and laid off workers amid COVID-19. Most of the affected factories were involved in contract manufacturing,” said an official of the regional ministry of Imm

Study links COVID-19 to poverty rise

The International Food Policy Research Institute (IFPRI) has linked the COVID-19 to a rise in poverty among Myanmar’s poorest in both rural and urban areas. The study surveyed 1000 people in Yangon and 1000 living in the central dry zone. In bo
Rural development Loan proposed by Ministry of Agriculture

Ministry of Agriculture proposes loan for rural development

The Myanmar government is weighing a potential loan of USD 185 from the Asian Development Bank (ADB). The loan is aimed to be used for wide-ranging rural development initiatives. U Hla Kyaw, deputy minister for the Ministry of Agriculture, Livestock