Myanmar protesters hold more rallies, World Bank warns of slump


This photo taken and received from an anonymous source via Facebook on March 26, 2021 shows residents applauding protesters wearing protective gear during a demonstration against the military coup in Mandalay. - FB/AFP

YANGON (Reuters): Myanmar anti-junta protesters held more rallies on Friday (March 26) after the military reportedly shot dead nine people a day earlier and as the World Bank warned the country's economy could slump 10% this year due to the turmoil since last month's coup.

In a bid to increase pressure on the junta over the Feb. 1 coup, the United States and Britain imposed sanctions on conglomerates controlled by the military, with Washington calling it a response to the military's "brutal repression".

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Myanmar , coup , protests , World Bank , slump , economy

   

Next In Aseanplus News

Singapore key exports disappoint with 4.6% fall in October
Super Typhoon Man-yi lashes across Philippines’ main island
Sweden hopes to tie up with Singapore on healthcare and other innovations
Discovering Malaysia’s rich cultural heritage on a scenic jungle railway
Factory manager loses over RM900,000 to bogus WhatsApp investment scam
Court of Appeals orders Bung Moktar, wife to enter defence on corruption charges
Oil prices edge higher after Russia-Ukraine tensions escalate
Ringgit advances as domestic optimism offsets US rate concerns
Foreign investors record RM259.8mil weekly net outflow from Bursa Malaysia
Bursa Malaysia stays firmly below 1,600 amid weak regional sentiment

Others Also Read