Over the four years of the coup, the military junta has reportedly liquidated more than 20,000 companies. That’s about 30 percent of all private companies in the country. Most of the companies liquidated are in the construction and import-export sectors.The military junta has been cracking down on imports and exports since the coup, and is liquidating any companies that do not comply with its rules. After liquidating many private companies, the military junta and its allies have been trying to monopolize most of the profitable businesses. Myanmar’s fragile economy has left many local companies struggling to survive.
