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U Maung Maung, a National Unity Consultative Council (NUCC) member, told MNJ news that the gasoline and diesel shortages, stemming from the Military Council's fast shrinking foreign currency reserves (US Dollars), are expected to exacerbate over the next three months. "The inability to import diesel has created significant hardships for the public. The diesel shortage may ....
The United States has requested that Sonali Bank, a state-owned bank in Bangladesh, close its accounts in two banks in Myanmar that are currently under sanctions from the US government. In June, the US imposed sanctions on the Myanmar Foreign Trade Bank and the Myanmar Investment and Commercial Bank – both state-owned. Later, the US Embassy in Dhaka wrote a letter to ....
A meeting of the foreign ministers of Asean started in the Indonesian capital of Jakarta and will run from Sunday and through the week with Myanmar issues among the main topics to be discussed.. ....
Facing opprobrium after the 2021 coup, the junta in Naypyitaw has deepened its relationship with the Kremlin to relieve international pressure. Powers wishing to see Myanmar return to democracy should not try to break these ties but rather redouble their targeted sanctions and embargo efforts. ....