Belgian firm withdraws from Myanmar military-backed Mytel

Belgian company Newtec’s decision to stop doing business with Myanmar military-backed Mytel will not seriously impact the company’s more than 15 million SIM-card holders across the country, according to Communication & Commerce (Com & Com), a technology and equipment supplier to Mytel. On Aug. 5, the UN’s Fact-Finding Mission on Myanmar (FFM) published a list […]

Myanmar official says ‘totally underestimated’ economic impact of Rohingya crisis

A Myanmar foreign investment official said on Wednesday he “totally underestimated” the economic damage of the Rohingya crisis, adding that the outcry over the jailing of two Reuters reporters would also have some impact on his country’s reputation. Asked at an investor forum in Singapore what impact the crisis had on Myanmar’s economy and investment, […]