Myanmar's economy, once Asia's last frontier, lies in tatters

Retail, trade and market activity wither amid protests and crackdown

20210401N Myanmay protestor on motocycle

A man flashes the three-finger salute as he passes burning tires during a protest against the military coup in Mandalay. © Reuters

YOHEI MURAMATSU and KOYA JIBIKI, Nikkei staff writers

BANGKOK/JAKARTA -- Located in a vibrant region and with a sizable population, Myanmar was viewed as one of the most promising countries as it emerged from isolation. But two months after the Feb. 1 military takeover, the country's economy has ground to a near-standstill.

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