01 Feb 2021 / 21:11 H.
(Refiles to fix typo in final paragraph)
By Ritsuko Ando and Sam Nussey
TOKYO, Feb 1 (Reuters) - Japanese companies from retail giant Aeon Co to auto-parts maker Denso Corp scrambled to assess the turmoil in Myanmar on Monday after a coup in the country once feted as Southeast Asia s last big frontier.
The Myanmar military seized power against the democratically elected government of Aung San Suu Kyi, who was detained along with other leaders of her party in early morning raids.
Major Japanese firms including Kirin Holdings have pushed into Myanmar since Suu Kyi s party won a landslide election in 2015 and established the first civilian government in half a century.
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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
01 Feb 2021 / 21:25 H.
(Refiles to fix typo in final paragraph)
By Ritsuko Ando and Sam Nussey
TOKYO, Feb 1 (Reuters) - Foreign companies from Japanese retail giant Aeon to South Korean trading firm POSCO International and Norway s Telenor scrambled to assess the turmoil in Myanmar on Monday after a coup in the country once feted as Southeast Asia s last big frontier.
The Myanmar military seized power against the democratically elected government of Aung San Suu Kyi, who was detained along with other leaders of her party in early morning raids.
Major multinational firms including Japan s Kirin Holdings have pushed into Myanmar since Suu Kyi s party won a landslide election in 2015 and established the first civilian government in half a century.
Japan's Kirin Holdings said on Thursday it was undecided on the future of its Myanmar beer business after a third-party probe into its local partner's military connections ended with inconclusive results.