From land of promise to pariah state: Myanmar coup rattles foreign firms


Anti-coup protesters use fire extinguishers to reduce the impact of teargas fired by riot policemen in Yangon, Myanmar on Tuesday, March 9, 2021. Demonstrators in Myanmar's biggest city came out Monday night for their first mass protests in defiance of an 8 p.m. curfew, seeking to show support for an estimated 200 students trapped by security forces in a small area of one neighbourhood. - AP

SINGAPORE, March 9 (Reuters): Shortly after the military seized power, 55 foreign investors in Myanmar from Coca Cola to Facebook signed a statement committing to the country and employees there during developments of "deep concern".

A month on, those pledges are being sorely tested with Myanmar's economy all but paralysed by massive anti-coup protests, widespread strikes and the junta's killing of dozens of protesters drawing calls for boycotts and sanctions.

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