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Tag: Myanmar

Posted on February 5, 2021

Military coup yet another blow for Myanmar’s sagging economy

The military coup in Myanmar is unlikely to do the country’s struggling economy, once considered a promising “last frontier,” any good at all. Myanmar’s economy has languished …

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Posted on February 5, 2021

Japan’s Kirin ditches Myanmar beer partner because of its ties to the military

Japanese companies bet on Myanmar years ago as the Southeast Asian country emerged from decades of military rule. But this week’s coup has already ended one of those deals.

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Posted on February 5, 2021

Indonesia, Malaysia seeking ASEAN meeting on Myanmar after coup

The leaders of Indonesia and Malaysia on Friday said they were seeking a special meeting of foreign ministers of Southeast Asian nations to discuss the situation in Myanmar, where an elected …

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Posted on February 5, 2021

In Geopolitical Struggle Over Myanmar, China Has an Edge

As the United States and other nations denounce the coup, China has a chance to build up its influence. But Myanmar’s generals are difficult partners.

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Posted on February 5, 2021

Top Japan Brewer Leads Backlash Among Investors to Myanmar Coup

Japanese brewer Kirin Holdings Co. said it will end its joint-venture partnership with Myanmar’s largest brewer in one of the first moves by a global company in response to the country’s military coup …

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Posted on February 5, 2021

Kirin Scraps Joint Venture With Myanmar Military-Owned Firm After Coup

Cutting ties with MEHL, the Japanese beverage giant said the Tatmadaw’s takeover and detention of civilian leaders “are against our standards and human rights policy.” …

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Posted on February 5, 2021

Myanmar coup: Beer giant Kirin pulls out of partnership

Japanese beer giant Kirin said it is pulling out of a partnership in Myanmar which it runs with a conglomerate linked to the country’s military. The company has a joint venture with Myanmar Economic …

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Posted on February 5, 2021

Kirin to end beer ventures with Myanmar’s military after coup

Kirin will end its brewing joint ventures with ties to Myanmar’s army after the Japanese company denounced the coup that overthrew Aung San Suu Kyi’s government as against its human rights policy.

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Posted on February 5, 2021

U.S. senators look to back up Biden administration over Myanmar coup

Democratic U.S. Senator Ben Cardin and Republican Senator Todd Young will introduce a resolution on Thursday urging Myanmar’s military to step back from this week’s coup, Cardin told Reuters, backing …

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Posted on February 5, 2021

Kirin beer company cuts brewery ties with Myanmar military over coup

Brewer behind global drinks brands says joint venture will be terminated ‘as a matter of urgency’ after overthrow of elected government …

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