TOKYO -- Japanese beverage company Kirin Holdings is set to exit its Myanmar operations after it concluded there is no hope of resolving a dispute with its military-backed partner a year after a military takeover plunged the Southeast Asian nation into turmoil, the company announced Monday.
"Very disappointing. There is a feeling that the [beer] brand has been strengthened up until now. But I can't help it," Yoshinori Isozaki, Kirin's president and chief executive told reporters on Monday after the company announced its decision to leave Myanmar, confirming an earlier Nikkei report on the matter.
