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Junta Watch: India Trains Regime s Globally Shunned Legal Officials; Yoga Classes for Ministry; and More

Call for Qatar to stop hosting Myanmar military vessels

Chinese Wanbao Company announces its concerns on Letpadaungtaung copper mine attack

Chinese Wanbao Company announces its concerns on Letpadaungtaung copper mine attack
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Situation critical in Myanmar with mounting resistance to military junta

S Korean steel giant POSCO mulls how to exit Myanmar military-backed venture

S Korean steel giant POSCO mulls how to exit Myanmar military-backed venture Employees of POSCO walk out of the company s headquarters in Seoul July 22, 2011. Photo: Reuters April 5, 2021 Giant South Korea steelmaker POSCO has begun reviewing how it might end a joint venture with a firm controlled by the military in Myanmar in the wake of the coup there in February, two people with first-hand knowledge of the matter told Reuters. As Myanmar‘s army rulers continue a deadly crackdown on protest, with hundreds killed, the people said the Korean parent’s POSCO C&C arm is looking into either selling its 70% stake in the venture with Myanmar Economic Holdings Ltd (MEHL), or buying out its partner’s stake. It wasn’t immediately clear how much the 30% holding might be worth.

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