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Myanmar

World Bank Approves $80Mn Aid in Burma, first in 25 Years

For the first time in 25 years the World Bank has approved a grant for Burma and developed a strategy for helping the government improve its economic management.

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For the first time in 25 years the World Bank has approved a grant for Burma and developed a strategy for helping the government improve its economic management.

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The bank issued a statement Thursday saying the $80 million grant is for infrastructure projects in poor rural areas.

World Bank president Jim Yong Kim said he is pleased by reforms that have been taking place in Burma and encourages the government to continue to push forward with their efforts.

The bank closed its Rangoon office in 1987 and halted new lending after the then-ruling military stopped making payments on debts worth hundreds of millions

via World Bank Approves First Burma Aid in 25 Years.

Myanmar

Digital Revolution and Repression in Myanmar and Thailand

Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage of events on the ground.

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By Karen Lee

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Following the February 1 coup, Myanmar’s netizens became the latest to join the #MilkTeaAlliance, an online collective of pro-democracy youth across Asia.

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China

Will Myanmar’s coup help China influence ASEAN?

The Myanmar crisis is becoming increasingly tragic, with the military’s use of lethal force now killing over 60 protestors.

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On 16 January 2021, Chinese Foreign Minister Wang Yi concluded a visit to four ASEAN countries. One destination was Myanmar, the upcoming country coordinator of the ASEAN–China dialogue and now centre of international attention after the country’s military seized power.

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Asean

CLMV economies Outlook by EIC Q1/2021

Within the region, Vietnam’s economy is projected the fastest growth due to ongoing strong exports performance for electronics products and a resilient domestic economy.

Boris Sullivan

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The global recession and COVID-19 pandemic heavily affected CLMV economies in 2020, resulting in major slowdown in Vietnam and Myanmar whereas Laos and Cambodia faced economic contractions from additionally specific negative factors.

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