Some Myanmar firms see better prospects for business in uncertain economy

The pickup in business in Myanmar comes at a time when the military government's focus is on economic recovery. PHOTO: AFP
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SINGAPORE - Some Singapore-listed companies operating in Myanmar say they are seeing an uptick in domestic demand, after the economy was battered by political turmoil and the pandemic this year.

Yoma Strategic is reporting that local demand at its food and beverage (F&B), real estate and mobile money divisions is rising. Meanwhile Thai Beverage says that sales of its alcohol beverages have improved in recent months.

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