Widening US sanctions make it harder to invest in Myanmar, but will not change much, SE Asia News & Top Stories

BANGKOK – 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 on Dec 10 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 which many multinational companies invest in Myanmar.

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