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Yoma Strategic
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YOMA
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wavesurfer
Member |
04-Apr-2022 23:10
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Melvyn Pun Chi Tung get 5million shares, why this made the stock fly?
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Observers
Elite |
04-Apr-2022 17:29
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Are they preparing for US sanctions to elevate to Russian levels?
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jasonrxz
Senior |
04-Apr-2022 17:18
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Wa.............. If that' s the fact.... many true support and long term holder will be delighted...... Seeing the way the Lots were being absorb... really will have a greater north bound move..... If tmr comes a HALT , then the story continues............................ Pending for good news if there' s any.......  
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Hector
Veteran |
04-Apr-2022 17:09
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seems there will be some very positive news, result or activities coming for Yoma Fund managers, BBs are buying aggressively. May hit 20c sooner than expected |
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jasonrxz
Senior |
04-Apr-2022 15:45
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Thanks Master Richard for staing the risk of the rising YOMA...... The rise really does not tally with the fundamental at all. I have been seeing the uptrend build up since last week and today burst was out of expectation and will it really shoot till what Master TanKoksee mentioned at 0.20???? Well, will have to watch it carefully. Congrats to all who jump on board....................................... Smooth sailing and expect pullbacks 
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tankoksee
Supreme |
04-Apr-2022 14:56
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this week ah
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Entropy72
Master |
04-Apr-2022 14:52
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Memories of what life was like under previous regimes have hardened attitudes towards the one now in power   
Yangon resident Hlaing Htwe* takes out an old inverter to make sure that his family has light after the sun goes down. It has been 10 years or more since he last had to use it regularly. Now, however, it has once again become a part of his everyday life. For the 52-year-old film editor, the return of chronic blackouts in Myanmar&rsquo s largest city is not just an inconvenience. It is also a reminder of a time when powerlessness was the norm for most in the country.     This came home to him recently when he heard his 10-year-old son shout out with joy when the power suddenly returned after an hours-long outage. The sound immediately brought back memories of his own childhood, when he had reacted in the same way whenever the lights came back on. &ldquo What has changed since that time?&rdquo he asked himself. &ldquo Maybe nothing.&rdquo   More than a year after Myanmar&rsquo s latest military coup, many have begun to wonder if they, or their children, will ever see an end to their country&rsquo s political and economic misery. While resistance to the military takeover has been fierce, some worry that as the hardships of ordinary people deepen, most will revert to survival mode, adapting as best they can to a &ldquo new normal&rdquo that is also strikingly like life under previous regimes.     This has prompted many, like Hlaing Htwe, to engage in a more subtle form of resistance&mdash a refusal to accept the current situation as an inevitable return to the days of brutal repression and bare subsistence. &ldquo There is no reason my son should be overjoyed when the power comes back on. Instead, we should be outraged when it goes out, because it just isn&rsquo t normal,&rdquo he says.   Waking to a nightmare Hlaing Htwe admits that it isn&rsquo t easy, given Myanmar&rsquo s long history of repressive military rule and economic deprivation, to regard its brief era of relative freedom as the norm.  &ldquo It&rsquo s like there was a short period of peace that was just an illusion, and what we are seeing now is in fact the reality,&rdquo he says, referring to the &ldquo democratic transition&rdquo that began a decade ago when Aung San Suu Kyi, the leader of the National League for Democracy (NLD), was elected to parliament in a by-election in April 2012.
That event, which was followed three and a half years later by national elections that swept the NLD to power in a landslide victory, ushered in a revitalization of the pro-democracy movement that grew out of massive protests against military rule in 1988. It also effectively ended decades of international isolation that had turned Myanmar into one of the world&rsquo s poorest countries. When the NLD won another resounding victory at the polls in 2020, however, it was apparently too much for the military to accept. In a replay of 1990, when a previous junta refused to recognise the NLD&rsquo s first win two years after the party&rsquo s creation, the generals once again seized power, claiming electoral fraud. &ldquo We went to bed on the night of January 31 with democracy and woke up on the morning of February 1 to a dictatorship,&rdquo said Hlaing Htwe, recalling the suddenness of last year&rsquo s return to military rule. &ldquo All gone&rdquo &mdash that was the first thought that came to his mind when he heard that the elected NLD government had been overthrown. Once he got over the shock, and as protesters turned out in huge numbers all over the country, he convinced himself that the coup would fail. But as someone who had taken part in the 1988 uprising as a first-year university student, he also felt a growing unease about how the situation would unfold. &ldquo It&rsquo s because of our generation&rsquo s trauma,&rdquo he said. 7._assk_on_times_cover_1990.Jpeg
In May 1990, Aung San Suu Kyi led her National League for Democracy to its first landslide electoral victory. Then, as in 2020, the military refused to accept its proxy party&rsquo s humiliating defeat His fears soon proved well-founded, as the regime wasted no time in turning to violence to suppress opposition to its rule, just as its predecessors had done. As the crackdowns grew more and more savage with each passing week, and as weeks turned to months, opponents of the regime continued to hold their ground, both through the non-violent Civil Disobedience Movement and by resorting to armed resistance. Meanwhile, others not directly involved in the anti-coup movement struggled on other fronts. For some, life soon became significantly harder. Even those who didn&rsquo t suffer any drastic change in their circumstances at first, like Hlaing Htwe, began to feel the squeeze. Mostly, however, it was the crush of memories&mdash of the days when he had to stand in line to buy necessities such as rice, oil and candles at government stores&mdash that oppressed Htwe Hlaing as economic conditions worsened. Now that he has to use an inverter attached to a car battery to ensure that he has at least some power in his home at night, he is reminded of how his father used to gas up the family car just so they could sell the fuel to pay for household expenses.   11._img_0966.Jpg
Taxi drivers queue up for fuel in March 2022. Fuel rationing and power outages have become common again since the return of military rule last year (Myanmar Now) &ldquo It seemed like a perfectly normal thing to do at the time. Nobody ever questioned why it was necessary in the first place,&rdquo he said. He hastened to add that his own situation was not nearly as bad as that facing many others. &ldquo But I can see where this is heading,&rdquo he said. Working-class woes For Win Win*, a garment factory worker in Yangon&rsquo s industrial suburb Hlaing Tharyar, the reality of the situation hit harder and faster.  Originally from Sagaing Region, she came to Yangon five years ago in search of work. Ever since, she has lived in a workers&rsquo dormitory, where she has a space of just 10&rsquo x10&rsquo to call her own. Since the coup, she has seen many others lose their jobs. This makes her grateful for the fact that she is still working. But even fully employed, she finds it difficult to survive, as prices for basic necessities continue to climb beyond her modest means. To save money, most factory workers wake up early in the morning to prepare their own meals. After work they go to the markets to buy food to cook in their dormitories. Because of the power outages, many now have to use charcoal to do their cooking, which takes more time and energy than using electric stoves. If they are too exhausted at the end of the day, they buy food from vendors, which eats into their tight budgets.   13._img_1647.Jpg
The Covid-19 pandemic and last year&rsquo s coup have driven up the price of basic commodities such as cooking oil (Myanmar Now) &ldquo If the power comes on in the middle of the night, we all get up to cook while we can, because there is no guarantee that it will still be there in the morning,&rdquo she says, describing the disruptions that have become a regular part of her life since last year.  Even taking showers has become more difficult since the coup. Without a reliable supply of electricity, water can&rsquo t always be pumped into the dormitory. &ldquo Some days we have no water for bathing. These are our &lsquo no shower&rsquo days,&rdquo she says. Taxi drivers are also taking a hit in the post-coup economy. As living expenses rise, more and more people are switching to buses or trains to get around. With gasoline now costing around 2,500 kyat ($1.40) a litre, driving around the city in the hope of picking up a fare is now prohibitively expensive.
To make matters worse, checkpoints have become a common sight in Yangon since the coup, according to Min Min*, a taxi driver of many years&rsquo experience. What this means is that police and soldiers now have more opportunities to demand &ldquo tea money&rdquo &mdash small bribes that were a ubiquitous feature of life under previous regimes. &ldquo When the authorities all start asking for tea money, you know the country is going backwards&mdash way backwards,&rdquo he said. Clouds of doubt It isn&rsquo t just the economy that is weighing people down. There is also a pervasive feeling of distrust that has crept back into everyday life. Teashops are once again places where you don&rsquo t express your views too freely. &ldquo Between Covid and the coup, I don&rsquo t feel safe anymore when I sit down next to other people,&rdquo says Hlaing Htwe. He says that every time he takes a seat in one of his favourite teashops, he finds himself examining the faces of other patrons. Instead of reading news journals&mdash most have stopped publishing since the coup&mdash he reads the expressions of strangers to try to guess if they are military informants or supporters of the regime. Hlaing Htwe knows well what it feels like to live under a cloud of doubt about those around him&mdash and about himself.  In 1988, he joined other students who fled to the jungle with the intention of taking up arms against the regime that had seized power that year. After a few months, however, he returned to Yangon when it became apparent that there was little support for armed struggle among ordinary people, who had seen for themselves how much violence the military was willing to inflict to stay in power. He saw how people learned to adapt to this new reality after a brief moment of hope, when it seemed as if the country&rsquo s people might finally succeed in overthrowing their oppressors. Civil servants who had taken part in protests sheepishly returned to work. Celebrities who called for democracy started making propaganda for the junta. And rebels who returned from the jungle tried to make a living. Hlaing Htwe says he is not proud of his decision to abandon the revolution when he was a young man. At the time, however, there didn&rsquo t seem to be any other choice, short of going into exile or ending up dead or in prison. &ldquo The way the armed resistance has spread out across the country is something we didn&rsquo t even dare to imagine in our time,&rdquo he says. As a father of two children, aged 10 and 15, he knows that joining  the armed struggle again is not an option for him. But he continues to resist in other ways, by refusing to do what he did in the past&mdash simply to fit in with the new order. Now, when he passes schools and sees children in their green and white uniforms, he thinks it is &ldquo ridiculous&rdquo that any parent would entrust their children&rsquo s education to a junta that has slaughtered civilians and robbed the younger generation of its future. Like many others, he has boycotted the regime&rsquo s education system.
Again, he is reminded of the 1990s, when the junta then in control repeatedly closed schools and universities to punish students for resisting its rule. This time, however, it is the parents and the students themselves who have decided to disrupt the military&rsquo s efforts to establish itself as the rightful ruler of the country, by staying away from any institution under its influence. It isn&rsquo t easy for him to deprive his children of a chance to return to school, especially after a year of isolation imposed by the pandemic. But Hlaing Htwe is convinced it is the right thing to do. &ldquo If the majority of the population is enduring, we will, too. I can&rsquo t just think of my children&rsquo s suffering. The whole country is suffering, and we are just a small part of it,&rdquo he says. &ldquo And I will always remind myself who is responsible for this suffering in the first place,&rdquo he adds. *Names have been changed for security reas |
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Entropy72
Master |
04-Apr-2022 14:17
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Congratulations to the faithful investors and long traders.  The rise defies fundamentals, but enjoy the ride up while it lasts.  Market surprises us at times. |
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tankoksee
Supreme |
04-Apr-2022 13:23
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20 cts otw...... | ||||
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jasonrxz
Senior |
04-Apr-2022 12:12
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Marching to the north?.. Upswing in the afternoon to clear highest high and beyond?
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Entropy72
Master |
31-Mar-2022 10:22
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Peninsula Hotels takes $87m write-off on halted Yangon projectHong Kong-based luxury chain to revive development at ' suitable time' ![]() KENJI KAWASE, Nikkei Asia chief business news correspondentMarch 16, 2022 20:34 JST
 
HONG KONG -- Hongkong and Shanghai Hotels, operator of the upscale Peninsula hotel chain, has written off nearly $90 million of its $130 million investment in a showcase project in Yangon that it put on hold last year after Myanmar' s military toppled the country' s democratically elected government. Group Chief Executive Clement Kwok told Nikkei Asia on Wednesday that work on the 88-room Yangon hotel, part of a redevelopment of the former colonial-style Myanmar Railway headquarters in the center of country' s old capital, is 70% complete and  noted the " considerable amount of effort, resources, design and planning" committed to the development already. " We will continue to evaluate the situation in Myanmar to establish a suitable time to recommence works," Kwok said in a statement accompanying the group' s annual results, adding later that there is " no exact time frame available." Last May, Kwok told shareholders that the company had agreed on a 12-month pause with local partner Yoma Group. With Hongkong and Shanghai Hotels now saying the project' s fair value has been " deemed to be lower than its book value," it recorded an impairment charge of 679 million Hong Kong dollars ($87 million) on its 2021 accounts. The impairment represents about 85% of the project' s book value, the company said. The Yangon accounting loss kept Hongkong and Shanghai Hotels in the red for 2021 even as revenues rebounded 28% from a year earlier to HK$3.46 billion. It recorded a net loss of HK$120 million for 2021, improved from a HK$1.94 billion deficit the previous year. The Yangon hotel was originally expected to be completed this year. The project dates back to 2014 when Hongkong and Shanghai Hotels took a 70% stake in a joint venture with two companies controlled by Myanmar tycoon Serge Pun' s Yoma Group. At the time, the project was valued at $90 million, but the price tag subsequently edged upward three times. Yoma did not respond to requests for comment before publication. As conflict between the military and groups opposed to its seizure of power drags on, more multinationals have moved to exit the country on human rights grounds. Japanese beverage conglomerate Kirin Holdings announced its plans to withdraw in February on the heels of moves by companies including Total, Chevron, and Telenor. Beyond Myanmar, the COVID pandemic remained a headache for Hongkong and Shanghai Hotels last year. Three of its 10 Peninsula hotels were closed for parts of last year, namely in New York, Paris and Bangkok. The outbreak also delayed work on its new Istanbul hotel and prompted the group to push back the opening of its London outpost until early 2023 as it noted expectation that project costs will rise from a budgeted 800 million pounds ($1.05 billion). Hong Kong and many cities in mainland China are now experiencing their worst episodes of COVID. " Stringent social distancing measures and lengthy quarantine regimes in Hong Kong and the Chinese mainland remain the strictest in the world, and this has dramatically impacted tourism arrival," Kwok said. " We have to do the best we can in whatever circumstances we have," Kwok told Nikkei. " The nature of our business is that lockdowns are not good for our business." |
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jasonrxz
Senior |
31-Mar-2022 09:47
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Think so , till now , it rises 8% from 0.14 for the past 2 trading days and counting?. Expecting a retract soon but next week seems bright enough?
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wavesurfer
Member |
30-Mar-2022 23:36
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Something is happening?! | ||||
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jasonrxz
Senior |
30-Mar-2022 21:25
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Tmr the 3rd Green Green Day? | ||||
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jasonrxz
Senior |
29-Mar-2022 10:59
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If closing above 0.145 , tmr continue the north climb?? | ||||
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jasonrxz
Senior |
29-Mar-2022 10:57
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Risky risky , worth the risk ??
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dcproperty
Senior |
25-Mar-2022 09:32
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Hi, any entry point for Yoma? thanks | ||||
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jasonrxz
Senior |
24-Mar-2022 10:25
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Hi , any master with latest update on yoma?
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Entropy72
Master |
09-Mar-2022 23:11
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For those interested in Myanmar's situation and political developments.
----- One year has passed since the Myanmar military abruptly seized power with the February 1 coup, and the situation in the country remains dangerously undetermined as all sides vie for a leg up and external observers weigh policy options. Fighting and targeted killings have spread from ethnic regions to previously peaceful inland cities. The dozens of the country?s ethnic armed groups are caught in the military and National Unity Government?s struggle for legitimacy and power. And external powers like the United States, Canada, and United Kingdom have doubled down on targeted sanctions to increase pressure on the military and its violent tactics. Here, emerging experts on Myanmar reflect on the situation on the ground, what 2022 may bring for the country, and what factors outside observers and policymakers should watch for as potential turning points at this tumultuous time for the Southeast Asian state. The Dire Political, Social, and Economic Situations By Jack Myint, Senior Manager for Mainland Southeast Asia, US-ASEAN Business Council A year since the military coup in Myanmar, the economic outlook remains bleak, and the on-ground political, security, and humanitarian crisis creates an inhospitable environment for foreign direct investments. Unless there is a drastic change to the status quo, of which there are currently no indications, Myanmar?s economy will further deteriorate, the shadow economy that centers around drugs, smuggling, and arms trading will thrive, and Myanmar will be further isolated from the rest of the international community, including from its regional partners in ASEAN. Dependence on China for an economic lifeline and on Russia for defense ties will increase. The average citizen will suffer as a result, unemployment will rise along with daily costs of living, and the quality of life will reduce significantly across the board. The growing exodus of political refugees will have the largest impact on Myanmar?s border countries, and the international community will grapple with how to properly address this humanitarian disaster. The young, educated class?which really are the country?s future and the key to Myanmar?s digital economy ascendence?will, in large part, migrate to more developed nations for education and employment. Of the many factors influencing this bleak outlook, the biggest would be the security situation on the ground. With the nationwide peace process completely in shatters, conflict between the Tatmadaw and EAOs will increase and the citizens in ethnic states and regions will suffer the most as a result. What has never been the case before is this conflict reaching major mainland cities in the form of ?urban guerilla warfare? between the Tatmadaw and people?s defense forces (PDFs). Out of a norm from the Tatmadaw?s playbook, its response in dealing with this development was to double down on the violence with no regard for rule of law or any code of conduct and most recently, even arming and allowing its civilian supporters to operate with impunity. On the other end of the spectrum, the PDFs, while ideologically pro-democracy and aligned with the parallel National Unity Government (NUG) for the most part, still lack the ability to establish a command, control, and coordination structure within themselves or with the NUG. Furthermore, there is no proper governance or accountability and enforcement mechanisms established to oversee their actions. This lack of structure on both sides of the civilian divide translates to acts of vigilante killings, arson and robberies occurring on a daily basis in parts of the country that have never seen conflict at this scale. Unfortunately, there is no end in sight at this time to this anarchic scenario, which can only be expected to get worse before it gets better. The Tatmadaw?s continued hold on the private sector includes the appointment of a three-star general to head up its Investment Commission and recent moves to push through draconian legislation in the form of a cybersecurity law that will ban the use of VPNs, as well as policy changes that increase the cost of telecommunication services. With it, the Tatmadaw is attempting to limit public internet usage (a key forum for dissent) but is also, in turn, deeply hurting the economy in the process. The junta?s handling of Telenor?s exit from Myanmar also serves as another cautionary tale for foreign investors. Electricity outages?which we are now seeing on a regular basis?will continue to increase and so will limitations on and the cost of internet usage. U.S. policy towards Myanmar, looking ahead, is going to be centered around economic sanctions, with OFAC?s Specially Designated Nationals (SDN) list growing to include more junta-affiliated cronies and businesses. So far, ?targeted sanctions? towards ?actors responsible for the coup and its aftermath? (i.e. Tatmadaw and affiliates) has been the name of the game, but as the line between state-owned and military-owned blurs more and as government spending becomes equivalent to military spending, it will become harder to avoid sanctions? unintended repercussive consequences towards the larger economy and Myanmar?s people. This text has been updated as of 02/17/2022 The Variables to Tip the Balance of Power By Hunter Marston, Ph.D. Candidate, Australian National University Among the variables to watch for in Myanmar in 2022 are: Whether the junta allows the ASEAN Special Envoy to meet with representatives of the NUG. The State Administration Council (SAC) prevented the previous special envoy from Brunei from meeting with representatives of the NUG, an essential condition for ASEAN?s Five-Point Consensus. If it allows the Cambodian successor to do so, it may signal an opening for dialogue. Refusal to do so, however, leaves no hope for progress. Whether defections from the Tatmadaw continue at the current pace, slow, or accelerate. The NUG claims more than 3,000 soldiers and police have defected from the Myanmar military. If that number grows in the coming months, it could reach a tipping point and undermine regime stability, but it would have to rise by at least tenfold to do so with any certainty. Any moves by the SAC to dissolve the National League for Democracy (NLD). So far, the SAC has refrained from banning the NLD outright, perhaps due to a carefully placed word from Beijing. If the junta bars the NLD altogether, the resistance will see no political alternative to their struggle. Whether the Arakan Army (AA) or another major ethnic armed group puts its hat in the ring. The military has courted the AA by lifting the ?terrorist organization? designation on the group in March 2021 and releasing its fighters from detention. But there are signs of dissatisfaction, and the AA could tilt the balance of power on the battlefield against the Tatmadaw. China?s Strategic View of Post-Coup Myanmar By Ying Yao, Consultant, Centre for Humanitarian Dialogue Over the past year, the Tatmadawhas met nationwide resistance. Anti-regime protestors have demonstrated strong opposition against the SAC with acts of civil disobedience, boycotts, and strikes. However, this mostly peaceful ?spring revolution? does not seem to have borne fruit in toppling the regime. As a result, many young people have turned to armed struggle. Indeed, some have traveled to areas controlled by ethnic armed organizations (EAOs) to receive military training. In May 2021, Myanmar?s parallel government, the NUG, called for the formation of the PDF to resist the SAC regime. Fierce armed resistance from local PDF militias has challenged the SAC?s ability to govern, even in Myanmar?s heartland. Many analysts warn of the disintegration of the country. China?s stance on the Myanmar crisis is based on the logic of protecting its perceived national interests and within the context of increasing U.S.-China strategic competition. Officially, China has never used the term ?coup? to refer to Tatmadaw?s declaration of a state of emergency and seizure of power on February 1, 2021. Initially, China remained cautious and took an ambiguous attitude towards the military takeover. However, after the burning of Chinese factories in Hlaing Tharyar on March 14, 2021, China changed its stance and established diplomatic ties with the SAC regime. Though it is still not clear who pulled the strings, the Hlaing Tharyar incident convinced China that Chinese businesses lack alternative choices to the Tatmadaw for guaranteeing the security of their investments. Initially, China remained cautious and took an ambiguous attitude towards the military takeover. However, after the burning of Chinese factories in Hlaing Tharyar on March 14, 2021, China changed its stance and established diplomatic ties with the SAC regime. China still sees the NLD as an old friend and intends to present itself as a moral and responsible great power. Thus, it has pressured the SAC not to dissolve the NLD. However, China has not yet recognized the legitimacy of the NUG or the PDF. Many in China are concerned about the growing instability and violence in Myanmar, which threatens to spill over into its Yunnan Province. The Political Economy Supporting the SAC By Anekchai Rueangrattanakorn, Ph.D., Chulalongkorn University, Thailand Amidst the resistance campaigns against the Myanmar military government, the boycott of military business is thrown into the limelight as one of the most interesting and never-seen-before campaigns since the coup. The Myanmar Armed Forces have always been the main actor dominating the dynamics both in terms of politics and economics. The ?political influences? and ?economic power? of the Myanmar military are conditions that suitably support each other. The military employs political influences to facilitate the development and management of their businesses. As a result, these lay the foundation for the military to take control of a considerable number of businesses that engage with many partners both domestically and internationally. Various conglomerate structures can be found including ownership by the Ministry of Defence, operations by its directorates, and management by the regional military units. Interchangeably, the military uses its economic power to support and strengthen its political supremacy, such as increasing military capabilities, improving the welfare of both active-duty soldiers and retired soldiers to gain loyalty, organizing its own masses, and encouraging the pro-military nationalist movement. People in Myanmar are calling for foreign companies, especially in the oil and arm sales sectors, to break their relationships with the military. In realizing these problems, people in Myanmar are calling for foreign companies, especially in the oil and arm sales sectors, to break their relationships with the military. They also wish to stop the transfer of assets and funds to the military and terminate any engagement that will consequently strengthen the military?s power. Therefore, how the international community should respond to the Myanmar people?s call and whether to continue doing business or impose sanctions will be in the spotlight this year. |
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ozone2002
Supreme |
20-Feb-2022 13:02
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Last:0.145  -- recovery mode after bloodbath hold onto ur horse till it reaches NAV gd luck dyodd
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