YANGON/BANGKOK -- Pressure from investors concerned about environmental, social and corporate governance (ESG) issues, coupled with U.S. and European Union sanctions, is encouraging international companies to pull their cash out of Myanmar.
Myanmar Crisis
ESG investors push international firms to rethink Myanmar projects
India's Adani Group pulls out of port development, taking losses
Indian conglomerate Adani Group has announced it is selling a port project underway in Myanmar for just $30 million after coming under fire from activist investors.
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