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Commentary: Singaporean companies are not spared the impact of Myanmar's political woes

Commentary: Singaporean companies are not spared the impact of Myanmar's political woes
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

Singapore
Virginia
United-states
Singaporean
Aung-hlaing
Min-aung-hlaing
Singapore-business-federation
Virginia-tobacco-company
Razer
Myanmar-economic-holdings-limited
Singapore-exchange
Myanmar-economic-corporation


nikkei.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nikkei.com Daily Mail and Mail on Sunday newspapers.

Myanmar
Japan
Bangladesh
Tokyo
Netherlands
Cambodia
Singapore
Nepal
China
Laos
Hanoi
Han-i

Myanmar faces wider business fallout from coup after Kirin Holding's move

Myanmar’s political upheaval is prompting global companies from Japan to Thailand to dial back operations in the country, spurring concern about a widening business fallout. From beer maker Kirin Holdings Co. to an early backer of gaming firm Razer Inc., companies and investors are weighing the impact of a military coup that’s thrust the once- thriving nation into a state of emergency. The turmoil is prompting multinationals like Thailand’s biggest industrial developer to delay investment plans, a harbinger of things to come should the chaos deepen. Western nations are applying pressure on the newly installed military government of the Southeast Asian country, once regarded as greenfield territory for everything from oil and gas to leisure resorts. With the U. S. reiterating plans to renew sanctions, it could cause a rippling effect among businesses, threatening $5.5 billion in foreign investment in a country that just a few years ago was on the path to democracy.

Myanmar
Yenangyaung
Magway
New-zealand
India
Thailand
Yo-ma
Sagain
Chauk
Singapore
Italy
China

Myanmar faces wider business fallout after Kirin retreat

Myanmar faces wider business fallout after Kirin retreat Faris Mokhtar, Philip J. Heijmans and Chanyaporn Chanjaroen, Bloomberg Feb. 10, 2021 FacebookTwitterEmail A demonstrator holds up a National League for Democracy (NLD) flag during a protest outside the Embassy of Myanmar in Bangkok, Thailand, on Feb. 1 2021.Bloomberg photo by Andre Malerba. Myanmar s political upheaval is prompting global companies from Japan to Thailand to dial back operations in the country, spurring concern about a widening business fallout. From beer maker Kirin Holdings Co. to an early backer of gaming firm Razer Inc., companies and investors are weighing the impact of a military coup that s thrust the once- thriving nation into a state of emergency. The turmoil is prompting multinationals like Thailand s biggest industrial developer to delay investment plans, a harbinger of things to come should the chaos deepen.

Myanmar
Yenangyaung
Magway
New-zealand
India
Thailand
Yo-ma
Sagain
Chauk
Singapore
Bangkok
Krung-thep-mahanakhon

Singapore magnate to axe army-linked Myanmar tobacco investment

A prominent Singapore businessman has said he will exit his investment in a tobacco firm linked to the Myanmar military, after the army deposed the country's democratically elected government in a coup last week.

Japan
Virginia
United-states
Singapore
Japanese
Aung-hlaing
Tom-hogue
Min-aung-hlaing
John-geddie
Thomson-reuters-trust-principles
Virginia-tobacco-company
Kirin-holdings

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