Tue, 21-Oct-2025

Thai, Malaysian firms pull out of Myanmar gasfield project

Thai

PTTEP, Thailand’s oil and gas company, and Petronas, Malaysia’s oil and gas conglomerate, announced their withdrawal from Myanmar’s Yetagun gas project on Friday. After last year’s military takeover and related charges of human rights violations, big energy corporations such as Chevron and TotalEnergies have left Myanmar. According to a local monitoring group, over 1,800 civilians … Read more

Japan’s Kirin brewery to withdraw from Myanmar

JAPAN

TOKYO – Japanese drinks giant Kirin said Monday it would withdraw from Myanmar, after a failed bid to disentangle its operations from a joint venture with a junta-owned company after last year’s coup. With international pressure building against the military since it ousted and detained civilian leader Aung San Suu Kyi and waged a widespread crackdown on … Read more