Japan beer giant Kirin became on Monday the latest foreign company to announce it was leaving Myanmar in the wake of a coup last year and a military crackdown on dissent.
Japanese drinks giant Kirin said Monday it would withdraw from Myanmar, after a failed bid to disentangle its operations from a joint venture with a junta-owned company after last year's coup.
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.
Japan beer giant Kirin became on Monday the latest foreign company to announce it was leaving Myanmar in the wake of a coup last year and a military crackdown on dissent.
Japanese drinks giant Kirin said Monday it would withdraw from Myanmar, after a failed bid to disentangle its operations from a joint venture with a junta-owned company after last year's coup. With international pressure building against the military since it ousted and detained civilian leader Aung San Suu Kyi and waged a widespread crackdown on…