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Myanmar Crisis

Myanmar coup forces 13% of companies to halt business: poll

Two months of political upheaval dealt a heavier blow than a year of pandemic

BANGKOK -- Nearly 13% of companies in Myanmar have ceased all activities there since the Feb. 1 military coup, according to a survey out Thursday, highlighting the heavy toll of political turmoil on the economy.

The answers provided in the survey show that political instability "had a stronger negative impact" on companies in just two months than a whole year of the pandemic, the report said.

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