Japanese Businesses Withdraw From Television Venture with Junta-Connected Media Company
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Japanese businesses withdraw from television venture with junta-connected media company
The investors’ decision to exit follows questions from civil society groups about how the joint venture will benefit Kyaw Win, the Shwe Thanlwin Media firm owner known for his longstanding connections to the current and previous military regimes
Yangon, July 10: Japan International Broadcasting Corporation (JIB), a subsidiary of world-renowned broadcaster NHK, the Japanese public-private fund Cool Japan Fund, and Japan’s ICT Fund have announced that they will invest in Dream Vision Co., a joint venture with Myanmar crony company Shwe Than Lwin.
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