It's wait and see for Malaysian businesses in Myanmar - economist

It's wait and see for Malaysian businesses in Myanmar - economist - Hello loyal readers FeedGoogle, In the article you are reading this time with the title It's wait and see for Malaysian businesses in Myanmar - economist, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

There were no specific indications of Malaysian businesses pulling out of Myanmar following the coup early this month but some might rethink the decision if the situation worsens, said vice-president of the Malaysian Economic Association Evelyn S Devadason.The University of Malaya professor said Myanmar is also highly unlikely to be an investment choice for new investors, at least during the year-long emergency period, due to uncertainties in the wake of the coup.“I would think that if the situation gets worse, there may be a capital flight out of Myanmar. For now, we cannot fathom the military’s game plan. "Even if the coup is aborted after a year, international investors in Myanmar will have to consider the issue of political uncertainty that follows in the post-coup environment,” she told Bernama in an interview.Evelyn said existing international businesses in Myanmar …