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Local affiliate of Toronto-based Colliers involved in complex built on Myanmar military land

Hkun Lat/Getty Images A local affiliate of Colliers International, the international property management company headquartered in Toronto, is a leasing agent for a high-end building in Myanmar built on land owned by an arm of the country’s military. The Sule Square complex is located on land owned by the Quartermaster General Office of the country’s army (officially known as Tatmadaw), which is tasked with securing supplies for its forces – including, activists say, the bullets and artillery used to kill more than 700 civilians since the Feb. 1 coup. Colliers, which operates in Myanmar through an affiliate, has maintained its interest in the property despite years of efforts by United Nations experts to push foreign companies to sever ties with a military that has a long history of killing its own people, including Rohingya Muslims and anti-coup demonstrators.

National Pension Service remains cautious over POSCO s Myanmar biz

National Pension Service remains cautious over Myanmar crisis Posted : 2021-04-06 15:43 Updated : 2021-04-06 20:59 By Park Jae-hyuk The National Pension Service (NPS) is maintaining silence on POSCO s businesses in Myanmar. Amid the steelmaker s continued denial of its ties with the Southeast Asian country s military junta, the state pension service appears to be facing a dilemma, as European institutional investors have begun urging POSCO and other global enterprises to leave Myanmar, in order to prevent possible inflows of cash to the junta. According to the Financial Times, Park Yoo-kyung, an adviser of the Dutch pension fund, APG, which manages $668 billion, raised questions about POSCO s commitments to responsible investments, saying that a lot of investors are putting pressure on the company.

China warns ASEAN countries to be alert to external forces interference in Myanmar

China warns ASEAN countries to be alert to external forces interference in Myanmar ANI | Updated: Apr 06, 2021 11:52 IST Beijing [China], April 6 (ANI): China has called on Southeast Asian nations to be on alert against external interference in Myanmar as the military junta in the country faces international criticism and pressure to restore the civilian government. China has been accused of aiding the Mynamar military in the Feburary 1 coup. Chinese foreign minister Wang Yi accused external forces of provoking trouble and intensifying divisions in Myanmar. The remarks have come amid rising tensions between China and western countries over a slew of issues.

Did India Change Its Stand on Myanmar Under US Pressure?

Did India Change Its Stand on Myanmar Under US Pressure?
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