Unilever to sell Myanmar joint venture stake, deal expected to close in 2027 - CNA
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Unilever logo is pictured on a Dove soap box in this illustration taken on January 17, 2022. REUTERS/Dado Ruvic/Illustration
Unilever logo is pictured on a Dove soap box in this illustration taken on January 17, 2022. REUTERS/Dado Ruvic/Illustration
Nov 5 : Consumer goods giant Unilever said on Thursday that it will exit a joint venture in Myanmar, even as a new military-backed government in the war-torn Southeast Asian country seeks to drum up foreign investment.Β
β’ The World Bank in June cut its forecast for Myanmar's real GDP growth to 2.0 per cent in the 2026/27 fiscal year, which began in April, from a projection of 3.0 per cent made before the war in Iran caused a global energy shock
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https://www.channelnewsasia.com/business/unilever-sell-myanmar-joint-venture-stake-deal-expected-close-in-2027-6527176
