Could EU Sanctions Cripple Myanmar?
Linda Liu, Economist, Maybank Kim Eng
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One month since the military coup in Myanmar, it has become apparent that the economic costs are mounting. The government, now controlled by the military junta, are facing the possibility of further sanctions from Western countries, which would place a dampener on an economy already hard-hit by the Covid-19 pandemic. We speak to Linda Liu, Economist at Maybank Kim Eng, about how the Myanmar economy is expected to hold up amidst these headwinds.
Image Credit: Robert Bociaga Olk Bon / Shutterstock.com
Produced by: Shazana Mokhtar
Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan
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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, law & legal matters, Investments
Tags: myanmar, economy, FDI, military coup, junta, US, EU, sanctions,