Unilever to sell Myanmar joint venture stake, deal expected to close in 2027 - CNA

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. 

• 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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