SINGAPORE – Singapore companies operating in Myanmar and Thailand have confirmed that all their staff are safe and accounted for following a deadly earthquake on March 28.
When contacted, Singapore Exchange-listed Yoma Strategic Holdings and Fraser & Neave (F&N) told The Straits Times that all staff are safe, and their facilities and businesses in Myanmar and Thailand had little or no damage.
They added that they are closely monitoring the situation on the ground for disruptions.
“We are relieved to confirm that all our staff are safe and accounted for, with only a few reporting minor injuries. Some properties related to our core business operations also sustained minor damage,” a spokesperson for Yoma Strategic said.
A spokesperson for F&N said the company has been in contact with its teams and that all its staff in Myanmar and Thailand are safe.
“Our plant in Myanmar has sustained little or no damage, while our facilities in Thailand remain unaffected,” the spokesperson added.
When contacted, Thai Beverage, which operates beer and liquor bottling plants in Thailand, declined to comment.
ST has contacted UOL Group, which operates the Pan Pacific Yangon and Parkroyal Suites Bangkok hotels, for comment.
Myanmar and Thailand were hit by the 7.7-magnitude earthquake at around lunchtime on March 28. This was followed minutes later by a 6.7-magnitude aftershock. Further aftershocks of smaller magnitudes were reported in Mandalay on March 30.
The Mandalay, Sagaing and Naypyitaw regions in Myanmar are among the hardest-hit by the quake, which has so far killed at least 1,644 people and injured more than 3,400 in Myanmar. Around 10 more deaths have been confirmed in Bangkok, the capital of Thailand.
Yoma Strategic’s spokesperson noted that Yangon, where the majority of the group’s business activities are located, felt the tremors, but damage to the city, where the company develops and deals in real estate properties, was limited.
Still, Yoma Strategic expects to experience short-term disruptions at its other businesses, owing to the quake’s impact on critical infrastructure such as electricity, telecommunications and transport in the affected areas.
“The disruption to telecoms and logistics is expected to have a temporary impact on Wave Money and Yoma F&B,” the spokespe...