Myanmar's apparent coup rattles companies that bet on democracy

From Grab to Kirin, foreign business braces for disruption and uncertainty

20210201 Suzuki Thilawa Motor

Suzuki Thilawa Motor's plant on the outskirts of Yangon: Japanese manufacturers were quick to ramp up investment in Myanmar after the country's transition to democracy.  © EPA/Jiji

ERI SUGIURA and KENTARO IWAMOTO, Nikkei staff writers

TOKYO/SINGAPORE -- The apparent overthrow of the Aung San Suu Kyi administration by the Myanmar military has shocked foreign companies operating in the Southeast Asian country.

The international community has already started to raise concerns about the military's subversion of the democratic process. Foreign companies that have invested in Myanmar, hoping that the end of military rule would open up business opportunities, may be forced to reconsider their strategies in the country.

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