Asian Insider

Widening US curbs narrow investing space in Myanmar

But few expect them to change status quo in country's political crisis, say experts

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Tan Hui Yee Indochina Bureau Chief In Bangkok , Tan Hui Yee

Top United States diplomat Antony Blinken visited Indonesia and Malaysia this week after Washington announced sanctions on another list of military-linked entities and individuals in Myanmar.
Few expect the sanctions declared last Friday to change the status quo in Myanmar's political crisis. But the growing list of targeted entities - and the threat of more - is narrowing the space for international corporations to invest in Myanmar, say consultants. Such concerns will also hang over companies in Singapore, from where many multinational companies invest in Myanmar.
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