After a year of failed negotiations with its military-linked joint venture partner, the Japanese beverage maker has become the latest foreign firm to exit the country.
Kirin Holdings Co. said on Feb. 14 it will exit from Myanmar s beer market as a means of promptly ending a business partnership with a military-linked entity in the Southeast Asian country.
TOKYO: Japanese beverage maker Kirin Holdings said on Monday it would withdraw from its business in Myanmar and terminate its joint venture with a military-linked partner.
Japanese beverage maker Kirin
Holdings will withdraw from its business in Myanmar and
terminate its joint venture with a military-linked partner, it
said on Monday. Kirin has been in a. | February 14, 2022