Kirin to audit business partner

Japanese beverage giant Kirin will conduct its own audit of Myanmar Military-backed business partner Myanma Economic Holdings Public Company Limited (MEHL) after it failed to fulfill a request for details about its finances and governance. Kirin

Western Union latest to cut ties to Military

Money transfer giant Western Union announced that it is cutting ties with the military-owned Myawaddy Bank, becoming the latest foreign company to heed the United Nations’s advice and sever business ties with the Myanmar Army (Tatmadaw). In an
Kirin investigates payments

Japanese beer giant struggling

Japanese beverage giant Kirin has said it will conduct a “further examination” of its Myanmar presence after its ties with the Myanmar Army (Tatmadaw) threatened an unrelated deal in the United States. The affair could show that things ar
Kirin investigates payments

Genocide accusations threaten deal of Myanmar Beer partner

Myanmar’s global political woes have become a thorn in the side of a major foreign investor. A bid by Japanese conglomerate Kirin International Holdings to buy an American beer brand has come under fire thanks to Kirin’s stake in Myanmar