Myanmar Ruby Enterprise News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: On March 25, 2021, the United States imposed sanctions on Myanma Economic Holdings Public Company Limited ("MEHL") and Myanmar Economic Corporation Limited ("MEC"), Burma's two largest military conglomerates. 1 On the same day, the United Kingdom announced sanctions on MEHL. On April 8, the United States imposed sanctions on Myanma Gems Enterprise ("MGE"), a Burmese state-owned entity responsible for all gemstone activities in Burma, 2 and on April 9 the United States introduced further export controls on Burma. 3 These sanctions fo...

Myanmar Junta Reaps Millions in Gem Sales as Economy Crumbles A buyer examines a piece of jade at a gems market in Mandalay, Myanmar, in March 2019. Photo: IC Photo (Nikkei Asia) — Fresh economic data from private research groups suggest that Myanmar’s economy is deteriorating more sharply than feared after the Feb. 1 coup, with heightened risks of soaring inflation, collapsing trade and increased poverty. At the same time, recent days have seen a remarkable display of the military’s grasp on Myanmar’s natural resources, with a multi-million dollar, 10-day auction of gems, jade and pe...

RAPAPORT... The US government has placed sanctions on an important state-owned gemstone company in Myanmar, its latest attempt to deprive the military of funding.American businesses may no longer transact with Myanma Gems Enterprise (MGE), an entity “responsible for all gemstone activities”...

ABC News Turn on desktop notifications for breaking stories about interest? OffOn US sanctions on Myanmar gems target key junta funding source U.S. sanctions on Myanma Gems Enterprise target an army-controlled business rife with corruption and abuses that is one of the junta’s key sources of revenue By ELAINE KURTENBACH AP Business Writer April 9, 2021, 10:50 AM • 4 min read Myanmar anti-coup protesters paint slogans on eggs Anti-coup demonstrators in Myanmar painted eggs with protest slogans, in what they're calling the "Easter Egg Strike."The Associated Press BANGKOK -- The late...

2021/04/09 17:42 FILE - In this Nov. 13, 2018, file photo, a merchant examines a jade stone displayed at the Gems Emporium in Naypyitaw, Myanmar. In its latest targete... FILE - In this Nov. 13, 2018, file photo, a merchant examines a jade stone displayed at the Gems Emporium in Naypyitaw, Myanmar. In its latest targeted sanctions against Myanmar's military, the U.S. has focused on an army controlled gems business rife with corruption and abuses that is part of one of the junta's most important sources of revenue. (AP Photo/Aung Shine Oo, File) FILE...