Aug 20, 2015

Kirin buys Myanmar's biggest brewing company for $560 million

Kirin Holdings Co. said it acquired Myanmar’s biggest beer company for $560 million (about ¥69.7 billion), as it seeks to expand abroad with an aging population at home reducing domestic demand for its beverages. A Singapore unit of Japan’s second-largest brewer by market value ...

Myanmar villagers face floods with just sandbags for protection

Aug 6, 2015

Myanmar villagers face floods with just sandbags for protection

Myanmar’s president called Thursday for the evacuation of low-lying areas as the Irrawaddy river threatened to breach embankments, leaving villagers with just sandbags to hold back churning waters that have hit much of the country. Floods from a heavy monsoon season have cut through ...