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Peninsula Hotels fully writes off Myanmar project amid Hong Kong headwinds

Summary by Nikkei

HONG KONG -- The operator of the luxurious Peninsula Hotels chain is writing off the entire book value of its stalled $130 million project in Yangon,

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HONG KONG -- The operator of the luxurious Peninsula Hotels chain is writing off the entire book value of its stalled $130 million project in Yangon,

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Nikkei broke the news in Japan 4 days ago on Monday, February 17, 2025.

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