CNI News

5 June 2025

 Solutions should be considered and found to restore economic activity and job opportunities in earthquake-hit areas, the National Democratic Force (NDF) Vice Chairman U Htet Aung Kyaw told CNI News. 

The state has earmarked 700 billion kyats in loans to help businesses operate and create jobs, and will then consider and negotiate at what interest rate it can be paid, said the SAC Chairman Senior General Min Aung Hlaing  on May 30, 2025.

“I want to  lend 226 billion kyats. I want to lend all the factories, including oil mills, to boost the national economy. If we try to boost the economy like this, we must carry out to make prices drop. Frankly speaking, prices are rising. Once a price goes up, it's not easy to bring it down. That's why I told the people who are responsible for the economy and businessmen that they shouldn't raise the price too much.", said the SAC Chairman Senior General Min Aung Hlaing.

On May 30, 2025, a seminar on post-earthquake economic recovery and rehabilitation was held in Nay Pyi Taw. 

While attracting hotels and tourism

The discussion held in Nay Pyi Taw was jointly organized by the Myanmar Narrative Think Tank and the Union of Myanmar Chambers of Commerce and Industry (UMFCCI), and the discussions that emerged from the seminar would be submitted to the government, National Democratic Forces (NDF) Vice Chairman U Htet Aung Kyaw told CNI News.

“The state will lend some money to help businesses rebuild. It is really necessary to rebuild big businesses. It is also true that the state government should help. Thanks very much for doing this. But the problem is that everyone who works in business is not able to make a pretty living. Given the current situation in the country, most of the youth are leaving the country. So, there are many problems with labor shortages here in Myanmar. We need to think about what we have considered for the working class," he said.

While seeing railroad workers

On March 28, 2025, a magnitude 7.7 earthquake struck Myanmar, affecting more than 600,000 people in Naypyidaw, Mandalay Region, Sagaing Region, Shan State (South), Magway Region, and Bago Region. 

Then, as businesses collapsed and homes were destroyed, earthquake victims were forced to live in the earthquake relief camps and around the places not far from their homes.

As a result, job opportunities are being lost in earthquake-affected areas, small and medium-sized businesses are unable to start, and hotel and tourism businesses have also come to a standstill, making it difficult for locals to afford food.