Myanmar Generals Run a Nearly Sanction-Proof Business Empire

The transcript discusses the extensive involvement of the military in Myanmar's key industries, such as mining, real estate, and consumer goods. Western countries have imposed sanctions on military conglomerates to prevent funding human rights violations. The aftermath of a coup led to widespread boycotts, with consumers avoiding military-linked products. International companies like Kirin and POSCO are reconsidering their business ties due to ethical concerns and the challenging business climate. Despite sanctions, Asian businesses continue operations, limiting the sanctions' impact. The military's economic power grows as the country becomes more isolated.

What challenges do foreign companies face when operating in Myanmar?

What is the overall effect of sanctions on Myanmar's economy and military businesses?