Fewer than 7 percent of Japanese companies doing business in the country plan to leave despite the turmoil caused by last year’s military coup, a survey shows.
Representatives of units of Samsung, LG and Posco met civil servants at a S. Korean Embassy-hosted event despite int’l censure of the junta, the Financial Times reported.
Ex-naval officer U Thein Aung was shot dead on Thursday. He was chief financial officer at the telecom joint venture between the military and Vietnam’s Defense Ministry.
The city state has become a preferred location for military-linked companies and individuals to park their assets.