Analysis & Comment

Asean in a bind as Myanmar's crisis grows

A hundred days into the military coup that erased the democratic government in Myanmar, triggering furious street protests, the mildest adjective to describe the situation is stalemate.

The economy is in free fall and confidence is low. When banks open for business, people rush in, not to borrow or deposit money but to withdraw it. Multinational firms are under pressure to close, if not leave.

Please subscribe or log in to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Join ST’s Telegram channel here and get the latest breaking news delivered to you.

Source: Read Full Article