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About 70 percent of Japanese companies investing in Myanmar will either maintain or expand their operations in the Southeast Asian country in a year or two despite the severe hit to its economy from last year s military coup and the coronavirus pandemic, according to a Japan External Trade Organization report. ....
Japanese manufacturers halt production in Myanmar after coup Photo taken in July 2018 shows people looking at Suzuki Motor Corp. vehicles displayed in a shopping mall in Yangon, Myanmar. (Kyodo) Japanese automaker Suzuki Motor Corp. and auto parts maker Denso Corp. said Tuesday they have halted production in Myanmar to ensure the safety of their employees following a military coup the previous day. The two companies said they stopped output of vehicles and auto parts, respectively, on Monday afternoon and have yet to decide when to resume production. Suzuki said a total of 400 employees work at its two factories in Yangon. ....