It’s wait-and-see for Malaysian businesses in Myanmar

Protesters hold up the three finger salute with signs calling for the release of detained Myanmar civilian leader Aung San Suu Kyi during a demonstration against the military coup in Yangon on February 16, 2021. - AFP

KUALA LUMPUR: There are 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 Dr 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.