In the wake of Myanmar¡¯s ruling party conceding defeat to Aung San Suu Kyi¡¯s opposition forces in the nation¡¯s first free general election in 25 years, Japanese experts say it could have mixed repercussions for Japanese companies investing there.
¡°We lost,¡± Union Solidarity and Development Party (USDP) leader Htay Oo, a close ally of President Thein Sein, told Reuters in an interview Monday in Hinthada, Myanmar.
The vote count was still underway, but preliminary reports from around the country indicated a wide margin of victory for Suu Kyi¡¯s National League for Democracy (NLD).
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