Myanmar firms look overseas to mitigate operational risks in home market

Photo by Justin Min on Unsplash.

As the military coup in Myanmar weighs down heavily on businesses in the country, companies are increasingly trying to mitigate operational risks through geographical diversification with the hope of generating new revenue streams.

Since the Burmese military, known as the Tatmadaw, seized control of the country in February 2021, investment activities have become muted, and economic as well as social life has been affected.

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