Myanmar’s protesters are undaunted, but how far can the military be pushed? The U.S. Treasury Department issued a new round of sanctions against people involved in Myanmar’s February coup, including the governor of … Singapore’s Minister for Foreign Affairs Vivian Balakrishnan on Tuesday urged against the imposition of “widespread sanctions” on Myanmar saying that such measures would make ‘ordinary people suffer’ the most. Read more. While calls mount for sanctions on the Myanmar military’s cash flows, analysts believe such tactics will not help change the junta’s actions. They must be prepared to accede to the ASEAN economic and non-economic agreements on admission. Singapore has been the largest source of foreign investment into Myanmar in recent years, according to reports by both governments. Singapore says Myanmar situation 'alarming', but no need for broad sanctions. SINGAPORE (Reuters) - Singapore's foreign minister spoke out on Tuesday about "alarming developments" in Myanmar but said he did not support widespread sanctions … “We should not embark on widespread, generalised indiscriminate sanctions because the people who will suffer most will be the ordinary people in Myanmar,” said Balakrishnan. Singapore's foreign minister Vivian Balakrishnan said that he did not support launching "widespread generalised indiscriminate sanctions" on Myanmar in response to the recent military coup. WASHINGTON: The US Treasury slapped sanctions on 16 senior Myanmar officials and family members on Monday (Apr 17), citing their support for the government's "violent and lethal attacks" against the country's pro-democracy movement. “These are alarming developments. Myanmar has been in uproar since the military ousted civilian leader Aung San Suu Kyi on February, triggering a massive uprising which authorities have sought to quell with lethal force. Mediacorp Pte Ltd. All rights reserved. There should be no violence against unarmed civilians. Adding to the international pressure on the country, on Tuesday the UN General Assembly will weigh a draft non-binding resolution calling for "an immediate suspension" of the transfer of weapons to the Myanmar military. At least 796 people have been killed by security forces since the coup, according to a local monitoring group, while nearly 4,000 people are behind bars. "You can ostracise them, condemn them, and pass resolutions or not, but it really has very little influence," Mr Lee told the BBC, according to comments distributed by his office. Meanwhile Myanmar's contestant in the Miss Universe contest, which ended Sunday in Florida, used the stage to get out her own message on the violence. WASHINGTON (REUTERS) - The United States on Monday (May 17) imposed fresh sanctions on Myanmar’s junta, targeting the governing State Administrative Council … Singapore’s Minister for Foreign Affairs Vivian Balakrishnan on Tuesday urged against the imposition of “widespread sanctions” on Myanmar saying that such measures would make ‘ordinary people suffer’ the most. SINGAPORE (Reuters) - Singapore’s foreign minister spoke out on Tuesday about “alarming developments” in Myanmar but said he did not support widespread sanctions on the country in response to a coup there as these could hurt ordinary citizens. By Umair Jamal A recent report by Independent Economists for Myanmar (IEM) says that targeting the junta’s sources of foreign currency could force the regime to spend less on military expenses and instead prioritize the public’s needs. WASHINGTON, May 17 —The United States today imposed fresh sanctions on Myanmar’s junta, targeting the governing State Administrative Council (SAC) and 13 officials in the latest in a series of punitive actions following a military coup. According to Vivian Balakrishnan, sanctions could hurt ordinary citizens. "Our people are dying and being shot by the military every day," she said during her biographical video, which showed photos of her taking part in the anti-coup protests. The US and UK have imposed sanctions on Myanmar's two military conglomerates in a move that significantly ratchets up pressure on the country's leadership. Copyright© Mediacorp 2021. Addressing parliament, Vivian Balakrishnan said he hoped detainees including ousted leader Aung San Suu Kyi and President Win Myint could be released so they can … The latest U.S. sanctions target Myanmar's junta government and officials including the central bank governor. Balakrishnan said Singapore was concerned about violent clashes at protests, the arrests of civil servants, internet blackouts and troop deployments and armoured vehicles in city streets. Addressing parliament, Vivian Balakrishnan said he hoped detainees including ousted leader Aung San Suu Kyi and President Win Myint could be released so they can negotiate with the ruling military council, which seized power on Feb. 1. SINGAPORE, Feb 16 — Singapore’s foreign minister today spoke out about “alarming developments” in Myanmar but said he did not support widespread sanctions on the country in response to a coup there, which could hurt ordinary citizens. We urge the authorities to exercise utmost restraint,” he said. The United States on Monday imposed fresh sanctions on Myanmar's junta, targeting the governing State Administrative Council (SAC) and 13 officials in the latest in a series of punitive actions following a military coup. Canada said it acted in coordination with the United States and Britain on Monday in imposing additional sanctions on individuals and entities tied to the Myanmar … The Treasury Department’s Office of Foreign Assets Control imposed financial sanctions on 16 people and the newly created State Administration Council. Singapore's foreign minister spoke out on Tuesday about "alarming developments" in Myanmar but said he did not support widespread sanctions on the country in response to a coup there as these could hurt ordinary citizens. Myanmar’s military says it is ready to withstand sanctions and isolation after its Feb 1 coup, after Western countries, including the United … Singapore's foreign minister Vivian Balakrishnan said that he did not support launching "widespread generalised indiscriminate sanctions" on Myanmar in response to the recent military coup. SINGAPORE — Singapore’s foreign minister on Tuesday spoke out about “alarming developments” in Myanmar but said he did not support widespread sanctions … The Southeast Asian country, also known as Burma… Addressing parliament, Vivian Balakrishnan said he … Singapore’s foreign minister Vivian Balakrishnan told parliament on Tuesday he did not support slapping “widespread generalized indiscriminate sanctions” on Myanmar in … “We hope they will take urgent steps to de-escalate the situation. Some firms in the city-state have been targeted by activists for their links to military companies. The United States and Britain are among countries that have announced or threatened sanctions in response to the Myanmar coup. Singapore’s foreign minister Vivian Balakrishnan on Thursday told the military leaders behind Myanmar’s coup that the use of live rounds against unarmed civilians protesting the seizure of … The United States on Monday imposed fresh sanctions on Myanmar's junta, targeting the governing State Administrative Council (SAC) and 13 officials in the latest in a series of punitive actions following a military coup. Activists might cause headaches for ETC, but the company can't be in breach of sanctions because Singapore hasn't imposed any. COVID-19 Set to Burst Singapore-Hong Kong Travel Bubble – Again May 14, 2021 Facing a COVID Crisis, Nepal Cries Out for Help . These include arms embargoes and sanctions on missiles or nuclear related goods. Tue, Feb 16, 2021 - 10:30 PM . Singapore Prime Minister Lee Hsien Loong separately said sanctions would only hurt the population at large and push Myanmar closer to those willing to talk to them like China. Singapore's foreign minister spoke out on Tuesday about "alarming developments" in Myanmar but said he did not support widespread sanctions on the country in response to a coup there as these could hurt ordinary citizens. Since February the United States and other Western countries have steadily added the leading members of the military regime as well as state enterprises which fund it to its sanctions list to pressure the generals to return to democracy. The US Treasury Department has also blocked assets and transactions with Myanmar's state-run gem company, a key source of income for the military authorities, while the EU has imposed sanctions … Singapore's foreign minister spoke out on Tuesday about "alarming developments" in Myanmar but said he did not support widespread sanctions on the country in response to a coup there as these could hurt ordinary citizens. SINGAPORE — Singapore’s foreign minister spoke out on Tuesday about “alarming developments” in Myanmar but said he did not support widespread sanctions on the… Myanmar's military regime "is violently repressing the pro-democracy movement in the country and is responsible for the ongoing violent and lethal attacks against the people of Burma, including the killing of children," the Treasury said in a statement. It looks like the email address you entered is not valid. All quotes delayed a minimum of 15 minutes. Change password, update personal details and more. US sanctions on Myanmar's military leaders unlikely to reverse their actions. The Southeast Asian country, also known as Burma, has been in crisis since the military seized power from Aung San Suu Kyi's elected government … The sanctions aim to lock them out of the global trading and financial system by banning US individuals and companies, including banks with US branches, from doing business with them. SINGAPORE - Singapore’s foreign minister on Tuesday (Feb 16) spoke out about “alarming developments” in Myanmar but said he did not support widespread sanctions … Some of those businesses became boycott targets for protesters after Singapore made clear its opposition to sanctions on Myanmar. Addressing parliament, Vivian Balakrishnan said he hoped detainees including ousted leader Aung San Suu Kyi and President Win Myint could … 9:30 p.m. Targeted Financial Sanctions To ensure that they are not dealing with designated individuals and entities, all natural and legal persons in Singapore should screen their clients against the United Nations lists before engaging in any business or commercial activity with them. The row over the development is a reflection of the fragmented international response to the 1 February coup. On Sunday an anti-junta defence force in the western state of Chin said six opposition members had been killed after days of clashes. Since then the country has experienced protests and strikes which have been put down with force, leaving close to 800 dead, according to a local monitoring group. Singapore’s Balakrishnan on regional tour amid Myanmar crisis. WASHINGTON: The US Treasury slapped sanctions on 16 senior Myanmar officials and family members on Monday (Apr 17), citing their support … The sanctions also block any assets the individuals may have held under US jurisdiction. Foreign minister’s visit to Brunei, Malaysia and Indonesia comes amid continuing unrest in Myanmar following the February 1 coup. [SINGAPORE] Singapore's foreign minister spoke out on Tuesday about "alarming developments" in Myanmar but said he did not support widespread sanctions on the country in response to a coup there as these could hurt ordinary citizens. FILE PHOTO: Singapore's Foreign Minister Vivian Balakrishnan gives an address during the opening ceremony of the … The U.K. announces sanctions on Myanmar Gems Enterprise, a state-owned firm now under the junta's control. According to Vivian Balakrishnan, sanctions could hurt ordinary citizens. The Treasury said that Canada and Britain were also announcing similar sanctions on members of the military government. Singapore's Foreign Minister Vivian Balakrishnan said on Tuesday that the international community should rule out "widespread" sanctions against Myanmar … Our Standards: The Thomson Reuters Trust Principles. … United Nations Security Council (UNSC) Sanctions. While speaking in the parliament, Singaporean lawmaker on February 16 noted that the World Bank estimates about a quarter of Southeast Asian … In response to press queries on whether the US sanctions have any impact on Myanmar''s entry into ASEAN, the MFA spokesman reiterated that the timing of the admission of Cambodia, Laos and Myanmar into ASEAN depended on their readiness to join the organisation. Singapore leader says sanctions will hurt broader population ‘Asean has an unmatched track record of indifference’ As the U.S. looks to build a … The U.S. Treasury Department issued a new round of sanctions against people involved in Myanmar’s February coup, including the governor of the nation’s central bank, Than Nyein. Balakrishnan said Suu Kyi’s party had achieved a landslide victory in the November election and the coup was “a major setback” for Myanmar’s economy, adding Singaporean businesses might reassess their risk profiles and exposure to the country. meREWARDS lets you get coupon deals, and earn cashback when you complete surveys, dine, travel and shop with our partners. Myanmar exported natural gas mainly to Thailand, China, and Singapore, thus bypassing sanctions. And we hope that there will be peaceful resolution.”. PHOTO: AFP [SINGAPORE] Singapore's … WASHINGTON (Reuters) -The United States, United Kingdom and Canada on Monday imposed new sanctions targeting Myanmar's junta, increasing pressure on the military in the latest in a series of punitive actions since it took power in a Feb. 1 coup. Activities which contravene the decisions of the United Nations Security Council (UNSC) in their Resolutions are … Adani Ports and Special Economic Zone Ltd declared last week that it could terminate its Myanmar Container Terminal project if the development turns out to be affected by U.S. sanctions. WASHINGTON, May 17 —The United States today imposed fresh sanctions on Myanmar’s junta, targeting the governing State Administrative Council (SAC) and 13 officials in the latest in a series of punitive actions following a military coup. 2-min read. Adani Ports and Special Economic Zone Ltd declared last week that it could terminate its Myanmar Container Terminal project if the development turns out to be affected by U.S. sanctions… His remarks on Myanmar were among the most comprehensive by a minister from the Association of Southeast Asian Nations (ASEAN), which has a policy of non-interference in the affairs of its members. A soldier stands outside Myanmar's Central Bank on Feb. 15. ETC declined interview requests, and Myanmar's embassy in Singapore didn't respond to requests for comment. Reporting by Aradhana Aravindan; Writing by Martin Petty; Editing by Ed Davies and Mark Heinrich. SINGAPORE (Reuters) - Singapore’s foreign minister spoke out on Tuesday about “alarming developments” in Myanmar but said he did not support widespread sanctions … Britain announced sanctions against state-owned enterprise Myanmar Gems Enterprise (MGE) on Monday, saying the move would deprive the military junta there of a key source of funding. Earlier, hundreds of thousands took to the streets across the Southeast Asian country to … Despite the pressure the military government continues to hold power and has not given ground to the protestors. Three others on the lists were children of members of the State Administration Council who had been sanctioned earlier in the wake of the Feb 1 coup overthrowing the elected government. Myanmar is under threat of new sanctions that could affect investment in its shipping sector after the military coup on 1 February … Singapore Prime Minister Lee Hsien Loong said sanctions would only hurt the population at large and push Myanmar closer to those willing to talk to them like China. Singapore, 23 February 2021… In response to media queries, the Monetary Authority of Singapore (MAS) said today that its regular surveillance of the banking system has not found significant funds from Myanmar companies and individuals in banks in Singapore. SINGAPORE: Singapore's foreign minister on Tuesday spoke out about "alarming developments" in Myanmar but said he did not support widespread sanctions … On Thursday she took the best national costume award as she held up a sign reading "Pray for Myanmar.". 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