South-East Asia manufacturing up in March but Myanmar sees collapse


Anti-coup protesters flash three-fingered symbol of resistance as they gather to pray for those who died during a protest against the military in Yangon, Myanmar, Monday, April 5, 2021. Threats of lethal violence and arrests of protesters have failed to suppress daily demonstrations across Myanmar demanding the military step down and reinstate the democratically elected government. - AP

YANGON, April 5 (dpa): Manufacturing in violence-wracked Myanmar dipped to a record low in March even as neighbouring countries saw "return to growth," according to a survey of factory managers published on Monday.

While "both output and new orders increased" across the region, according to IHS Markit, "another severe decline" was recorded in Myanmar "as factories remained closed amid political turmoil."

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read