Thailand’s Ch. Karnchang eyes Myanmar

SET-listed Ch. Karnchang Plc (CK), Thailand’s second-largest construction firm, is studying infrastructure development opportunities in Myanmar, particularly electricity, dam and highway projects. Vorapote Uchupaiboonvong, executive vice-president for accounting and finance, said CK’s main infrastructure investments in Myanmar would focus on Greater Yangon, but a feasibility study for investment remained incomplete. “There are many opportunities in […]

Myanmar an option for Indian textile entrepreneurs

Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since the lifting of economic sanctions by Western nations in 2012, after a gap of 15 years. Today, it employs over 250,000 […]