Page 3 - Myanma Posts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The regime is using attack helicopters against civilians in the face of heavy civilian resistance, villagers say.

Norway's Telenor exits Myanmar, sells stake to military-linked firm Norwegian telecom behemoth Telenor has sold off its Myanmar operations to the Lebanese investment firm M1 Group, a firm now on the Burma Campaign UKs ‘Dirty List’ in 2019 for business ties with the country’s brutal military.   |  10 July 2021 4:38 AM GMT KOLKATA: Norwegian telecom behemoth Telenor has sold off its Myanmar operations to the Lebanese investment firm M1 Group, a firm now on the Burma Campaign UKs 'Dirty List' in 2019 for business ties with the country's brutal military. Late on Thursday, Telenor announc...

  Picture: Aung Htai Hlaing Norwegian telecommunications company Telenor at the presentation of its first-quarter financial results on May 4 said that the current situation in Myanmar left it with no other choice than to write off its entire investment in the country of $782 million. Telenor CEO Sigve Brekke said that the military coup had a “severe impact” on the company’s business in Myanmar and the situation was not expected to get better any time soon. “Due to the worsening of the economic and business environment outlook and a deteriorating security and human rights situation, w...

Sumitomo forecasts no profit from Myanmar telecom business in 2021/22 Toggle share menu Advertisement Sumitomo forecasts no profit from Myanmar telecom business in 2021/22 FILE PHOTO: Logos of Sumitomo Corp are seen after the company's initiation ceremony at its headquarters in Tokyo, Japan April 2, 2018. REUTERS/Toru Hanai/File Photo 07 May 2021 01:20PM (Updated: 07 May 2021 05:00PM) Share this content Bookmark TOKYO: Japanese trading house Sumitomo Corp is assuming under its earnings forecast for the year to March 2022 that no profits will be made from i...

Myanmar Making Noises for Democracy Anti-coup protesters in Yangon on Saturday. / Hein Htet / The Irrawaddy 5.0k By Mon Mon Myat 8 February 2021 I was woken early last Monday with a call from an international news agency covering the military coup in Myanmar. This news shocked me because I had miscalculated the generals’ attitude. I had thought military chief Min Aung Hlaing would not take the chance while under the threat of serious human rights violations and crimes under international law and while the country struggles with COVID-19. I was wrong. Neither international pressure nor the...