Singaporean firms seek cooperation to invest in Myanmar’s ICT sector

Seven Singaporean companies in the information and communications technology sector are in discussions with local counterparts to seek cooperation to invest in Myanmar’s ICT sector, according to the Infocomm Development Authority of Singapore (IDA). Leading Singaporean firms 2C2P, ChainWorld Communication Technology, Converged Solutions, ERS Industries, Singapore Telecommunications Ltd, ST Electronics (Training & Simulation Systems), and […]

7.8% annual growth for 6 years seen for Myanmar auto market

Myanmar’s automotive market is likely to grow at a compound annual growth rate (CAGR) of 7.8 per cent from 2013-2019, driven by a growing economy, infrastructure development and increasing income. DushyantSinha, associate director for automotive practice, Asia-Pacific, at market researcher Frost & Sullivan said that real growth is likely to start only after 2014. Frost […]