Japanese energy companies see no impact over leadership changes

02 February 2021
Japanese energy companies see no impact over leadership changes
An electrical tower in Yangon. Photo: AFP

Japan's Ministry of Economy, Trade and Industry does not see any immediate impact on the energy businesses of Japanese companies in Myanmar after the military seized power on Monday, detaining State Counsellor Aung San Suu Kyi and other senior members of the country's ruling party, spglobal.com reported.

"We have not heard any impact on operations or projects in Myanmar," a ministry source said Feb. 1, adding that the ministry is closely monitoring the developing situation.

Japanese companies surveyed by S&P Global Platts said Feb. 1 that they are carefully collecting information on developing situations and carefully monitoring potential impact on their projects in Myanmar.