China-led AIIB approves $320 mln in loans to Pakistan, Myanmar power projects

The China-led Asian Infrastructure Investment Bank (AIIB) approved loans totalling $320 million to energy projects aiming to ease severe power shortages in Myanmar and Pakistan, the bank said on Thursday. A $300-million loan will fund expansion of a hydropower project in Pakistan, co-financed with the World Bank, and a loan of $20 million went to a power plant in Myanmar co-financed with other lenders, […]

Boldly going: the exotic ‘frontier’ markets that intrepid investors are tipping for take-off

It was 15 years ago that academics began to predict a shift in economic power from the old order of developed economies to the newly named “Bric” nations. Ever since, Brazil, Russia, India and China have been regarded as the coming powers, blessed with young populations, fast-urbanising societies and natural resources to fuel rapid growth. But the Bric […]

Thai’s BOI to open branches in Myanmar and Indonesia in push for investment abroad

THE BOARD of Investment plans to open branches in Myanmar and Indonesia next year as a priority measure to encourage Thai companies, and small and medium-sized enterprises in particular, to invest overseas. This will improve their opportunity to invest in new production plants in new export markets to boost income growth for the long term, […]

China is major investor for mineral extraction in Myanmar and Mongolia

China, billed as the major investor in the exploration and production of Myanmar natural resources, is also a big player for mineral extraction in Mongolia, said S. Javkhlanbaatar, the director of Invest Mongolia Agency. China is presently the second-largest investor in Mongolia. Its investment projects include property development. In Myanmar, China is keen to invest […]