Labour shortage and cash flow squeeze could bring closure for many, says business council
Protesters prepare to release red balloons during a demonstration against the military regime in Yangon on Wednesday. (Reuters photo)
More than 100 small Thai companies investing in Myanmar have been hit hard by political turmoil and could face closure within six months, says the chairman of the Thai-Myanmar Business Council.
Kich Aungvitulsatit said the firms were facing acute shortages of labour and cash flow as growing protests against the military regime are taking their toll on business operations.
Workers and civil servants alike have been participating by the thousands in civil disobedience campaigns and strikes since the…
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