FOCUS: Wary Japan firms looking out for signs of risk in Myanmar chaos By Noriyuki Suzuki, KYODO NEWS - Mar 7, 2021 - 14:54 | All, Japan
Sparked by a coup a month ago, the recent turmoil in Myanmar has many Japanese companies on the alert for any signs of change in prospects for what they see as a promising market.
The Myanmar military s seizing of power on Feb. 1 and subsequent protests have cast a shadow over the Southeast Asian nation of 54 million people. An extended period of chaos may prompt Japanese firms to hold off on new investments and review their business strategies, experts say.
Wary Japan firms looking out for signs of risk in Myanmar chaos japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.
Growing Number of Businesses Shun Myanmar Military-Linked Goods, Services
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. / Don’t Buy it / Facebook
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By Nan Lwin 25 February 2021
YANGON More and more businesses in major cities are joining “social punishment” campaigns launched by young anti-coup protesters to bring down Myanmar’s military regime leaders, including boycotts of military-linked products and calls for shops to refuse to sell food and other goods to the security forces.
In the latest such campaign, shops including roadside vendors are refusing to sell goods to the police and military personnel, and their family members. It is intended to demonstrate their opposition to not only the military regime, but also the security forces involved in cracking down on anti-coup protesters.