'Riding a rollercoaster' in Myanmar's post-coup economy | Business and Economy News
Deepening conflict, sudden changes to regulations and a lack of transparency have made business increasingly hard.
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Deepening conflict, sudden changes to regulations and a lack of transparency have made business increasingly hard.
The conflict between the military and anti-coup fighters has deepened with violence in nearly all parts of the country.
A resolution to the conflict is unlikely in 2023. Jakarta should therefore take a realistic and flexible approach.
The prospects for peace in Myanmar, much less a return to democracy, seem dimmer than ever two years after the military seized power in a coup.
Myanmar's military seized power on February 1, 2021, ousting the civilian government and arresting its de facto leader, Aung San Suu Kyi.