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Myanmar's 'Khaki Commerce' Set to Flourish Under Junta

Few military officers have shown as much greed as Snr-Gen Min Aung Hlaing, and there is little doubt he is clinging to power to protect his economic interests. ....

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What Is Keeping India on the Wrong Side of History With Myanmar?

What Is Keeping India on the Wrong Side of History With Myanmar?
thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.

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BIS Implements New Burma Export Controls And Adds Four Entities To The Entity List | Husch Blackwell LLP

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The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued final rules amending the Export Administration Regulations (“EAR”) by implementing new export controls on Burma (Myanmar), and adding four entities linked to the recent coup to the Entity List. These final rules effective March 8, 2021 come less than a month after President Biden imposed sanctions blocking U.S. property and interests of Burmese military and government officials.
Burma Removed from Country Group B with Significant Repercussions
As of March 8, Burma is now in the more highly controlled Country Group D:1 (it was previously in Country Group B). Because of Burma’s move to Country Group D:1, transactions involving Burma are no longer eligible for the following License Exceptions under the EAR: ....

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Behind Myanmar's coup: the military had control, so why did it seize power?

Behind Myanmar’s coup: the military had control, so why did it seize power?
Crikey
25/02/2021
© Provided by Crikey
Myanmar’s remarkable campaign of civil disobedience continues to escalate, with mass street protests and a general strike across the country this week in the wake of the military’s February 1 coup.
But few are expecting any civilian uprising to succeed in the face of a pervasive military, known as the Tatmadaw, which has proven unable to cede power despite a program of reform.
Arrests have continued and troops have moved into the country’s main cities, with occasional reports of violence. The military has warned of potential “loss of life” if the marches continue. ....

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Myanmar's military makes money grab

YANGON, 17 February 2021: Tourism crops up as one of the industries that line the pockets of Myanmarâs ruling government but nothing on the scale of mines, banks, petroleum, agriculture and the gems trade.
Experts and activists say key industries that have attracted foreign investors give army chiefs access to “enormous wealth from the sprawling conglomerates they control”, according to a widely publicised AFP report this week.
The report accuses the military coup leaders of “vested
interests in large swathes of the country’s economy, providing them with a
colossal and closely guarded fortune that the US President has targeted with ....

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