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A total of 1500 local companies struck off from the registration list from July to mid-November 2021

A total of 1500 local companies struck off from the registration list from July to mid-November 2021
elevenmyanmar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elevenmyanmar.com Daily Mail and Mail on Sunday newspapers.

Myanmar Military s Joint Venture Brewery to be Dissolved After Product Boycott

Sanctions Threat Already Having Chilling Effect on Business Activity in Myanmar

Sanctions Threat Already Having Chilling Effect on Business Activity in Myanmar Sanctions Threat Already Having Chilling Effect on Business Activity in Myanmar Military trucks and armored personnel carriers are seen in Mandalay, the commercial hub of central Myanmar, on Feb. 3. / Zaw Zaw / The Irrawaddy 6.3k By Nan Lwin 3 February 2021 YANGON Many firms, especially foreign-owned businesses, in Myanmar have reacted with shock to Monday’s military coup and declaration of a yearlong state of emergency, which has put billions of dollars’ worth of foreign investment at risk due to possible sanctions from Western countries. Some foreign firms have already put investment commitments on hold.

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