Mekong Memo Myanmar 20230822

Mekong Memo Myanmar Weekly, August 22, 2023: Business, politics, finance, trade & legal headlines.

We monitor and filter the very best and most insightful stories from Southeast Asia directly to your inbox every week.

By reviewing a wide variety of media including legal, financial and other relevant industries along with government and NGO sources, we are able to sift through the noise and bring you only what we believe to be relevant to an informed observer of Myanmar business news.

The Memo is published weekdays - Cambodia (every Monday), Myanmar (Tuesday), Laos (Wednesday), Vietnam (Thursday) and Thailand (Friday). The Thailand edition is free in its entirety; the others are headlines-only for non-paid subscribers.

If you wish to receive only some country editions of the memo, please navigate to https://www.mekongmemo.com/account and turn on/ off to select whichever editions you would like to receive.

With that said, here is your Mekong Memo Myanmar for the week of August 22, 2023:

Headlines:

H&M Phases Out Myanmar Operations Amid Labor Abuse Allegations

Rising Employment Terminations and Income Insecurity For Labor

Myanmar Experiences Sudden Spike in Fuel Prices Due to Currency Fluctuations

UK Police Interrogate Ousted Myanmar Ambassador Over Residence Standoff

Myanmar Grateful for China's $22 Billion Investment, Primarily in Electricity Sector

Global Demand for Myanmar Teak Unabated Despite Sanctions

Myanmar Approves Thai Baht for International Transactions

Dollar Trading Faces Hurdles in Myanmar After Central Bank Action

Myanmar Junta Holds $6.8 Billion in Reserves Across 14 International Banks

Shwe Byain Phyu Dissolves Petroleum Business Amid Sanction Calls

Myanmar's Strong Black Gram Exports Amid Decline in Green Grams

Hip Hop as a Tool of Resistance in Myanmar

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This week’s Mekong Memo is sponsored by Smiling Albino’s Bensley Art Trail 2023. Join Smiling Albino and Bill Bensley for an exclusive trip of Bensley-designed hotels in Thailand, Cambodia and Laos and find your long lost artistic child within.

Bill Bensley, for the first time ever, is conducting a 12-day tour of some of his
favorite resorts while conducting immersive art classes along the way.

This will be a colorful journey for discerning lovers of art, luxury, design and
conservation, culminating in a worthy cause.

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