Sembcorp to stay invested in Myanmar despite rising political tensions

SEMBCORP Industries will continue to be invested in Myanmar as it regards its power business there as a "very important infrastructure asset" even as fresh protests rock the country following the recent military coup.

"We are obviously monitoring the situation very closely. Our first priority is the safety of our people. So far, they are safe. The other thing that's important is to make sure that our business (there) continues to hum," said Sembcorp group president and chief executive Wong Kim Yin.

"We are invested in this country. We are operating this very important infrastructure asset," he said, in response to questions on whether the group is re-evaluating its investments in Myanmar amid the escalating tensions.