This time, it’s the turn of the bankers. The military council has again announced that it will take action against 7 banks for lending housing loans that exceed the percentage set by the central bank. Among those banks, that Burmese people widely use, Roma Bank, AYA Bank, UAB Bank, and so on are involved. I don’t understand the military council’s purpose in acting against the banks. What is certain is that people will withdraw their bank deposits in a hurry.
In the case of Last Rice, famous supermarkets such as Areon’s CEO ,City Mart, Sein Gayhar Orange arrest warrants have been issued for not selling rice at a fixed price. Areon’s Japanese CEO is among those who have been issued warrants. The Japanese Embassy has requested a solution to the matter. I can’t understand why the military council is doing this when the country’s economy is in a slump.
