Myanmar: Escalating violence will increase pressure on foreign businesses to relocate or suspend operations

Predictions

  • Escalating violence will increase pressure on foreign businesses to relocate or suspend operations in coming months
  • Companies will face calls to reconsider presence to avoid legitimising junta, even if not working directly with state-owned enterprises
  • Major violence will contribute to supply chain disruption, with electricity and internet shutdowns also complicating operating environment

Event

Fashion retailer H&M said on 17 May that it had begun placing orders with suppliers in Myanmar, having temporarily halted new purchases following the military coup in February. The company also said due diligence investigations had shown the company had no direct links to the military.

Falanx Assynt is a global intelligence consultancy and leading provider of geopolitical, strategic and business risk analysis since 2003. Falanx Assynt is part of Falanx Group Ltd (LON:FLX) which, through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide.

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