Ramifications of Recent Earthquake In Myanmar (Burma)

admin — Sun, 27 Mar 2011 00:15:50 +0000

Those following this blog with any frequency may have by this point noticed that the blog has been monitoring the crisis situation in Japan in some depth while failing entirely to provide any information regarding the Earthquake that recently occurred in Shan State, Myanmar (Burma). The administration apologizes for the oversight. To quote directly from the official website of the Montreal Gazette at MontrealGazette.com:

YANGON. A strong earthquake struck Burma near the Thai border on Thursday, killing at least two people, including a child, officials from both countries said, with shaking felt across the region.

Terrified residents fled their homes, tall buildings swayed and hospitals and schools were evacuated after tremors spread as far away as Hanoi, parts of China and Bangkok, almost 800 kilometres from the epicentre.

The administration of this blog highly encourages readers to click on the hyperlinks above to learn more about the recent Earthquake in Myanmar. This blogger was personally told by multiple Thai residents of Bangkok that tremors could supposedly be felt as far away from the Thai-Burmese border as Nonthaburi province near the Bangkok Metropolitan Area.

Unfortunately there is a tragic side to these events since the recent Earthquake has taken its toll upon the Shan State residents. To quote directly from the official website of The Irawaddy at Irrawaddy.org:

Local relief workers in eastern State Sate said on Saturday that the death toll from the powerful earthquake that shook Shan State on Thursday night could very likely rise to more than 150. Burma’s state media reported on Saturday that 73 people had died as a result of the 7.0 magnitude tremor and its subsequent aftershocks on Thursday and Friday.[sic]

Again, the administration encourages readers to click upon the hyperlinks above to read the full story in detail.

This Earthquake’s human toll is truly disheartening and it seems likely that there will be political and economic ramifications from this event that could result in hardship for people near the Earthquake’s epicenter. In and of itself, the Earthquake in Burma is unlikely to have the same global impact as that which occurred in Japan. However, this Earthquake coupled with the economic and, sadly, nuclear fallout caused by the Japanese Earthquake could compound economic and business uncertainties and possibly contribute to what would appear to be increasingly rising commodities prices.

The Earthquake in Myanmar is notable in the context of the Association of Southeast Asian Nations (ASEAN) since Myanmar is a Member of that organization along with neighboring Thailand. It will be interesting to see if the recent Earthquake will have any impact upon the proposed high speed rail line that is to be brought online to connect Southern China with Laos, Thailand and ultimately the other ASEAN member states.

For related information please see: Asia-Pacific region or ecommerce.

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Ramifications of Recent Earthquake In Myanmar (Burma)