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According to campaign group Justice for Myanmar (JFM) the International Finance Corporation (IFC) of the World Bank Group is divesting from Myanmar’s Yoma Bank after its business with military companies was exposed.
Rights group calls on World Bank and international investors to pressure Yoma Bank to cease its business relationship with Mytel’s military-backed operator.
The NGO Justice for Myanmar has raised concerns over Yoma Bank’s relationship with the illegally-installed Myanmar junta.
The Asian Institute of Management (AIM) is proud to announce the recent appointments of Mr. Takehiko Nakao and Mr. Serge Pun to the Board of Governors of the Institute. Mr. Nakao served as the president of the Asian Development Bank (ADB) from April 2013 to January 2020. Under his leadership,…
by Yanis Iqbal / February 13th, 2021 On 12 February, 2021, the United Nations Human Rights Council (UNHRC) adopted a resolution in which it criticized the removal of Myanmar’s democratically elected government by the military, locally known as Tatmadaw. The Council also called urgently for the immediate and unconditional release of all persons arbitrarily detained, including State Counselor Aung San Suu Kyi and President Win Myint and others, and the lifting of the state of emergency. As the international community condemns the coup and shows support for Suu Kyi, it is important not to whit...