Economy

Economy

The Sule Shangri-La Hotel will close for nine months from February 1 (Sai Zaw/Myanmar Now)
Sule Shangri-La Hotel to close until November as Covid-19 crisis devastates tourism industry 
Staff will be placed on leave and given partial pay and benefits, but hotel refuses to disclose...
Published on Jan 15, 2021
Factory workers strike over benefits and layoffs at the Grand Enterprises Garment factory in the East Dagon industrial zone on March 26, 2020. (Photo- Sai Zaw/ Myanmar Now)
Government’s economic plan for pandemic is ‘weak’, say industry leaders
Loan scheme equals less than 0.1% of GDP, compared to nearly 10% in neighbouring countries
Apr 28, 2020
Photo : Mung Sang Aung / Myanmar Now
Thousands to lose jobs as 13 Yangon factories shut down
Some were hit by strikes in recent months, but owners blame shortages of raw materials and high land prices for closures
Mar 6, 2020
‘All the Rooms Are Vacant’ - Pyin Oo Lwin’s Tourism Industry Crippled After Rebel Attack
Charming hill town that usually hosts up to 12,000 visitors a month now has almost no tourists
Aug 29, 2019