Singapore denies hosting Tatmadaw money hoard
The Monetary Authority of Singapore (MAS) denied reports that Singaporean banks are holding vast sums of Tatmadaw (military) funds. MAS conducted an inquiry after advocacy group Justice For Myanmar claimed the military is in possession of USD 5.7 bil
UK, Canada issue new sanctions
Canada and the U.K. have joined the U.S. in targeted sanctions against military officials. The U.K. accused the Tatmadaw (Myanmar military) of human rights abuses following the coup, “including violating the right to life, the right to freedomQUAD nations call for restoration of gvt, UK & Canada impose sanctions
Through the US State Department head Antony Blinken, QUAD nations (USA, Japan, Australia and India) have vowed on Thursday February 18 to an “urgent” return to democracy. The call gathered Blinken, Indian Foreign Minister Subrahmanyam Jai
Sembcorp investments intact, Singapore uncertain
Singaporean conglomerate Sembcorp said its investments will remain business-as-usual despite the political turmoil, the Business Times reported. These include a 225-megawatt gas-fired power plant near Mandalay and a planned USD 230.4 million industri
U.S. identifies sanction targets
The U.S. Department of the Treasury has identified 10 military-linked individuals and three entities as the targets of new economic sanctions. The named parties include Senior General Min Aung Hlaing and Deputy Commander-in-Chief Soe Win, both of who
