Singapore is the largest foreign investor in Burma, followed by Hongkong (China). Will more Singapore investors pull out, asks Singapore’s longest-running independent online media platform the Online Citizen.
Several Singapore-run businesses have been linked to the military by Burma Campaign UK. The Online Citizen lists 11 Singapore-run companies that are on BCUK’s Dirty List for their role in assisting the military to continue to commit human rights violations.
Japanese beer giant Kirin Holdings said last week that it would scrap its beer alliance with Myanmar Economic Holdings Public Company (MEHL) after the United Nations claimed that MEHL was linked to the Myanmar military. BCUK has taken Kirin off its Dirty List.