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INTERNATIONAL > East Asia & Pacific

Foreign firms investing in Myanmar express concern over coup’s impact on economy 

  • March 2, 2021
  • , Nikkei
  • JMH Summary

Nikkei wrote that 40 foreign companies with investments in Myanmar (Burma), including the Coca-Cola Company and the French energy company Total, issued a joint statement on Monday expressing grave concern over the current political turmoil in the nation and calling on the Myanmar military to return the nation to a democratic process. The paper wrote that such companies as the Swedish fashion giant H&M, the British consumer goods company Unilever, and the Australian energy company Woodside joined the statement, but no Japanese firms participated. The Myanmar Centre for Responsible Business, an initiative to promote transparency and respect for human rights in business activities, took the lead in issuing the joint statement.  

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