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Global firms leave Myanmar office block with military ties : The Asahi Shimbun


People sit on the ground while waiting for hours to withdraw cash from automated teller machines (ATM) at the CB Bank branch at Myanmar Plaza in Yangon, Myanmar, on May 11. (AP Photo)
A number of tenants of a high-end office block in Myanmar that the United Nations said is built on military-owned land have moved out or are reviewing their leases, including McKinsey, Coca-Cola and Reuters, the companies said.
Activist group Justice for Myanmar last month called on commercial tenants of the Sule Square complex of offices and shops in the heart of Myanmar’s commercial hub of Yangon to stop indirectly supporting the army. ....

Hong Kong , United States , United Kingdom , Chris Sidoti , Josiane Kremer , Tormod Sandstoe , Melissa Yeo , Colliers International Group Inc , World Bank , United Nations , Japan Sony Corp , University Of Reading , American Chamber , Cma Cgm , Mckinsey Company , Deutsche Bahn , Sule Square , Southeast Asian , Sule Pagoda , Shangri La Asia , Southeast Asia , Emerging Markets Investment Advisors , Colliers International Group , Asia World , Around Asia , Asahi Shimbun ,

Firms quit Myanmar office block with military ties


Firms quit Myanmar office block with military ties
© Getty Images
Sule Square in downtown Yangon was the location of a pro-democracy protest in February
A high-end office block in Myanmar linked to the country s military leaders is seeing an exodus of international organisations.
Coca-Cola, the World Bank and McKinsey have told the BBC they have moved out or are reviewing their leases at the Sule Square complex in Yangon.
The United Nations said the complex was built on land owned by the military.
Myanmar s military seized power from the democratically elected government in February.
It has been 100 days since the early morning coup, sparking mass protests across the country in which hundreds have died. ....

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