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With its Economy in Free Fall, Myanmar Braces for the Worst

With Its Economy in Free Fall, Myanmar Braces for the Worst Apr 12 2021, 2:11 PM April 12 2021, 2:30 AM April 12 2021, 2:11 PM (Bloomberg) With a tea shop right next to key protest zones in Myanmar’s biggest city, Soe is never quite sure whether he should keep the business open. (Bloomberg) With a tea shop right next to key protest zones in Myanmar’s biggest city, Soe is never quite sure whether he should keep the business open. If protesters enter to evade authorities, the 43-year-old risks getting shot, arrested or having his property destroyed as the military and police hunt them down. But if he turns away fleeing demonstrators, he may face a backlash on Facebook and a boycott of his tea shop, among hundreds in Yangon that have long served as de facto community centers.

Dubai s Dewa donates Dhs10 million to 100 Million Meals campaign

Myanmar crisis looms with warnings economy will shrink up to 20%

The Straits Times Myanmar crisis looms with warnings economy will shrink up to 20% Myanmar s economy is now projected by the World Bank to shrink 10 per cent in 2021.PHOTO: AFP/DAWEI WATCH PublishedApr 12, 2021, 7:03 am SGT https://str.sg/Jyca They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

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