More than 80 detained protesters, arrested in yesterday’s anti-coup demonstration in Mandalay were released this afternoon (Feb 10). Military-run media has described in its news release on Feb 9 “about 2,000 of demonstrators violently assaulted the police with rocks and stones and other objects that could cause injuries”. In yesterday’s anti-coup demonstrations, several anti-coup protesters …
Aung San Suu Kyi’s government is opening the economy and growth is rebounding in Burma, though the possibility of broader Western sanctions over the Rohingya crisis is nevertheless giving some foreign investors pause, according to a senior IMF official.
Burma’s short-term business confidence dropped to 49 percent in 2017 from 73 percent a year ago, according to a survey.
The International Monetary Fund on Friday forecast an economic rebound in Burma this year, but said the Rohingya refugee crisis may dampen investment as the country faces international pressure over its treatment of the Muslim minority.
An International Monetary Fund delegation visits Burma this week for an annual economic checkup of a country whose treatment of its Rohingya Muslim minority has put it in the international spotlight.
Burmese tycoon Serge Pun, one of the wealthiest men in Asia, says the government led by Aung San Suu Kyi has neglected the nation’s much-needed economic reform.