Business

Toyota delays launch of new plant in Myanmar over military coup

Launch was initially scheduled for tomorrow, says Kyodo news agency, adding that the new date has yet to be announced

Updated 5 years ago · Published on 26 Feb 2021 7:00PM

Toyota delays launch of new plant in Myanmar over military coup
The new Toyota plant to be opened near Yangon will  produce up to 2,500 Hilux pickup trucks a year. – Twitter pic, February 26, 2021

TOKYO – The Japanese car manufacturer of Toyota has delayed the opening ceremony and the launch of a new plant in Myanmar over the recent military coup in the country, reported Sputnik news agency.

The opening ceremony was scheduled for tomorrow, the Kyodo news agency reported, adding that the new date has not been announced yet.

The plant is to be opened in a special economic zone near Myanmar’s biggest city of Yangon and is going to produce up to 2,500 Hilux pickups per year.

On February 1, Myanmar's military overthrew the government and declared a year-long state of emergency hours before the newly-elected parliament was due to convene. State Counselor Aung San Suu Kyi and President Win Myint, along with other top officials accused of election fraud, have been placed under house arrest. The coup triggered mass protests across the country. – Bernama, February 26, 2021 

Related News

Malaysia / 2d

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia / 1w

Woman, believed to be foreigner, allegedly causes disturbance at KLIA (video)

Malaysia / 2w

Malaysian dies while transiting in Bangkok to Japan (video)

Malaysia / 2w

While the focus is on condemning the Madani government, a coup d'état is in process

Malaysia / 3w

Malaysia will not send any refugees back if lives are in danger - Fahmi

Malaysia / 4w

Former MP questions plan to ‘send home’ 5,000 Rohingya refugees

Spotlight

Malaysia

Desa ParkCity deaths: Netizens voice concern, call for increased enforcement, crackdowns on scammers

Malaysia

Seven Yemenis arrested over dangerous stunt on KL road

Malaysia

UMNO gives state leaders mandate to negotiate electoral pacts

Malaysia

Sultan Selangor warns against greed, abuse of trust

By Alfian Z.M. Tahir

Malaysia

Form Six students to get allowance from 2027

Malaysia

Desa ParkCity deaths: Wife believed to be victim of love scam, say cops

Malaysia

Saravanan's letter will be referred to MACC, relevant authorities - PM Anwar

Malaysia

Thirteen arrested after teen girl dies in suspected gang-related road attack in Kulai

You may be interested

Business

Property developer, Matrix Concepts sets RM1.8b FY2027 sales target

Business

Oil prices fall as Hormuz reopening hopes offset Iran tensions

Business

ASM 2 Wawasan declares seven-year high payout of 5 sen a unit

Business

Questions over traceability of nearly 77,000 tonnes of K8 cargo at Tanjung Langsat

Business

Robo.ai swings to positive equity after US$46.7m first-half profit

By Alfian Z.M. Tahir

Business

Petronas revenue jumps 15% to RM152.4b as energy investments lift first-half earnings

Business

Malaysia’s international reserves stand at US$132.07b in July