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Kirin Might Seek Official Help in Myanmar – Mainichi

Kirin’s chief executive Yoshinori Isozaki said its actions depend on a court ruling on former partner Myanma Economic Holdings’ bid to liquidate the beer company joint venture


Japan's tax agency wants to boost alcohol consumption to bolster tax revenue at a time when the country has a growing trade deficit.
Japan's tax agency wants to boost alcohol consumption to bolster tax revenue at a time when the country has a growing trade deficit. Photo: Reuters.

 

The top executive of Japanese brewer Kirin Holdings said the company might ask the Japanese government for help to resolve a dispute over its move to end its partnership with a conglomerate controlled by the Myanmar military after the coup staged on February 1, The Mainichi reported.

Kirin’s chief executive Yoshinori Isozaki said his company may need such support, depending on the ruling by a Yangon district court after its partner Myanma Economic Holdings unilaterally filed a petition last month to liquidate a joint venture.

Read the full report: The Mainichi.

 


 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.