Myanmar coup rattles foreign investors

FILE PHOTO: Tear gas and fire extinguisher gas surround demonstrators as they run away from police during a protest against the military coup in Naypyitaw, Myanmar, March 8, 2021. REUTERS/Stringer/File Photo

Shortly after the military seized power, 55 foreign investors in Myanmar from Coca Cola to Facebook signed a statement committing to the country and employees there during developments of “deep concern”.

A month on, those pledges are being sorely tested with Myanmar’s economy all but paralysed by massive anti-coup protests, widespread strikes and the junta’s killing of dozens of protesters drawing calls for boycotts and sanctions.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter