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Japanese firms worry about business impact as Myanmar unrest grows
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Japan firms worried about business impact as Myanmar unrest grows
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Japanese firms worried about business impact as Myanmar unrest grows
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Myanmar Military-Owned Brewer’s Sales Halved as Boycott Bites
Anti-coup protesters hold a placard reading ‘Don’t buy goods produced by the military’ to show their stand against the military regime in Yangon in February. / Don’t Buy it / Facebook
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By The Irrawaddy 12 May 2021
Military regime-owned Myanmar Brewery, the country’s largest beer maker, saw its first-quarter sales plunge by almost 50 percent on-year, according to financial results for Japanese beverage giant Kirin, the military’s partner in the joint venture that owns the brewer. The collapse in sales follows a boycott by anti-junta protesters of military-linked products, which is aimed at severing the coup leaders’ financial lifelines.
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