In THe NEws

Revenue and profits from Myanmar Beer are down by nearly 50 percent, according to Japanese parent company Kirin’s first quarterly report for 2021, released on Wednesday.

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บริษัทโคคา โคล่า, แมคคินซี่ รวมถึงเวิลด์ แบงก์ ได้ย้ายสำนักงานออก หรือกำลังพิจารณายกเลิกสัญญาเช่าสำนักงานที่ตึก “ซูล สแควร์” (Sule Square) ซึ่งกองทัพเมียนมาได้ปล่อยเช่าที่ดิน

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Syarikat antarabangsa di Yangon dan Hong Kong kini mempertimbangkan untuk memindahkan operasi dari wilayah yang bergolak akibat politik dalaman.

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Danske Bestseller har de seneste måneder måttet bremse produktionen i Myanmar, efter det kom frem, at tre fabrikker, tøjgiganten har købt tøj fra, lå i en industrizone med bånd til Myanmars berygtede militærjunta.

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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.

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The ABP pension fund, which manages the pensions of educators, has invested in companies with ties to the military junta that rules Myanmar. ISS employees (among other academics) wish the ABP to stop investing in these companies.

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Military regime-owned Myanmar Brewery, the country’s largest beer maker, saw its first-quarter sales plunge by almost 50 percent on-year, according to financial results for Japanese beverage giant Kirin, the military’s partner in the joint venture that owns the brewer.

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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.

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Kirin’s 1Q 2021 financial results show a 46% decline in Myanmar Brewery year on year sales volume, providing new evidence of the impact of the popular boycott against Myanmar Beer following the illegal and brutal Feb. 1 attempted coup by the Myanmar military.

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It’s no secret: money and power go hand in hand. The campaign group Justice For Myanmar knows this. To understand and expose the source of power of the violent and corrupt Myanmar military, they’re following the money.

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