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Myanmar coup to take big toll on trade with Thailand, the world: Experts


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Myanmar coup to take big toll on trade with Thailand, the world: Experts

 

84B4F846-3A4C-4B5F-843A-361AF01656A9.jpg

In this image made from video provided by the Democratic Voice of Burma (DVB), a protester holds a sign that says ‘Free Aung San Suu Kyi’ with an image of the deposed Myanmar leader as they march in Yangon, Myanmar Sunday, Feb. 7, 2021. (DVB via AP)

 

Thai and other foreign companies are expected to delay their investments in Myanmar following a military coup that threatens Thai border trade and migrant labour.

 

Myanmar’s military seized power on February 1st, detaining civilian chiefs including the country’s de-facto leader, Aung San Suu Kyi. The military declared a year-long state of emergency, plunging Myanmar back into dictatorship after its brief experiment with democracy.

 

Before the coup, Myanmar’s economy had been hit hard by COVID-19 and slower-than-expected reform.

 

Full story: https://www.thaipbsworld.com/myanmar-coup-to-take-big-toll-on-trade-with-thailand-the-world-experts/

 

 

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2 hours ago, webfact said:

Thai and other foreign companies are expected to delay their investments in Myanmar following a military coup that threatens Thai border trade and migrant labour.

If going by previous coups - their investments will be delayed about 50 years then

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Donald should migrate to Myanmar. He likes the thought of living in a dictatorship, especially one where quid pro quo is common place.. Maybe able to borrow some money from the countries treasury with the help of the generals. This may help him over the financial problems he faces over the next few years. Win/win for both countries.

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3 hours ago, Paul Henry said:

Donald should migrate to Myanmar. He likes the thought of living in a dictatorship, especially one where quid pro quo is common place.. Maybe able to borrow some money from the countries treasury with the help of the generals. This may help him over the financial problems he faces over the next few years. Win/win for both countries.

 

Is that before or after that Myanmar returns to the World bank the additional $350 million they were given the other week to deal with Covid19 and other health issues for their nation?

 

I am sure the military junta will return these monies back to the free world governments that have donated now that they have decided to remove a democratically elected government by force, and rule by brute force.

 

It does not bode well for SE Asian nations, most of which now are under the control of Juntas and Tyranny.

 

https://www.imf.org/en/News/Articles/2021/01/13/pr219-myanmar-imf-execboardapproves-sdr258-4m-disburse-under-rcf-purchase-rfi-address-covid19

 

 

 

Edited by Scouse123
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18 hours ago, Paul Henry said:

Donald should migrate to Myanmar. He likes the thought of living in a dictatorship, especially one where quid pro quo is common place.. Maybe able to borrow some money from the countries treasury with the help of the generals. This may help him over the financial problems he faces over the next few years. Win/win for both countries.

be a terrible loss for america, he will come back in 4 years and banish the socialist lefties back into their swamp!   go donny we love you!!

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