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DealStreetAsia

Capital meant for Myanmar may seek havens in Vietnam and Cambodia

Foreign businesses also retreat from partnerships with Tatmadaw military links

Foreign investors and local entrepreneurs could both flee Myanmar now that the military has put itself back in power.   © Reuters

HANOI -- The military coup in Myanmar has forced investors who had earmarked capital for the country to look for nearby alternatives.

Delta Capital, Anthem Asia and other funds that have solely focused on Myanmar are adopting a wait-and-see approach, and those with a wider geographic footprint are funneling money to destinations like Cambodia and Vietnam.

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