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Myanmar faces wider business fallout from coup after Kirin move


(Feb 10): 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 US reiterating plans to renew sanctions, it could cause a rippling effect among businesses, threatening US$5.5 billion in foreign investment in a country that just a few years ago was on the path to democra ....

New Zealand , Yo Ma , United States , South Korea , Orachon Ouiyamapun , Justin Tang , Linda Liu , Viboon Kromadit , Razer Inc , Australian New Zealand Banking Group Ltd , Interra Resources Ltd , Fitch Solutions Country Risk Industry Research , Yoma Strategic Holdings Ltd , Myanma Economic Holdings Public Co , Virginia Tobacco Co , Singapore Exchange , Amata Corp Pcl , World Bank , Singapore Pte Ltd , Myanmar Economic Corp , Chinese Banking Corp , Kirin Holdings Co , Myanma Economic Holdings , Myanma Economic Holdings Ltd , Irrawaddy Green Towers Ltd , Southeast Asian ,

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. ....

New Zealand , Yo Ma , United States , South Korea , Orachon Ouiyamapun , Justin Tang , Linda Liu , Viboon Kromadit , Razer Inc , Australian New Zealand Banking Group Ltd , Interra Resources Ltd , Fitch Solutions Country Risk Industry Research , Company Boycotts , Yoma Strategic Holdings Ltd , Myanma Economic Holdings Public Co , Virginia Tobacco Co , Singapore Exchange , World Bank , Singapore Pte Ltd , Myanmar Economic Corp , Chinese Banking Corp , Kirin Holdings Co , Myanma Economic Holdings , Amata Corp , Myanma Economic Holdings Ltd , Irrawaddy Green Towers Ltd ,

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
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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. ....

New Zealand , Yo Ma , Krung Thep Mahanakhon , United States , South Korea , Orachon Ouiyamapun , Andre Malerba , Justin Tang , Linda Liu , Viboon Kromadit , Razer Inc , Australian New Zealand Banking Group Ltd , Interra Resources Ltd , Fitch Solutions Country Risk Industry Research , Yoma Bank , Embassy Of Myanmar , Myanma Economic Holdings Public Co , Virginia Tobacco Co , Singapore Exchange , Yoma Strategic Holdings , World Bank , Singapore Pte Ltd , Myanmar Economic Corp , National League , Chinese Banking Corp , Kirin Holdings Co ,