Myanmar likely to join Asean Power Grid

MYANMAR is likely to be the fifth Asean country to sign up for the Asean Power Grid formed by Laos, Thailand, Malaysia and Singapore, energy ministers have said. “We had long discussions with our Myanmar counterparts,” said Laos Vice Minister for Energy and Mines Viraphonh Vilavong. “They are keen to join. I expect that to […]

SCG fosters a culture of earthquake safety

EARTHQUAKES have become more frequent in Myanmar, with the latest one hitting the country earlier this month. Hence, Siam Cement Group – driven by its commitment to contribute to communities – is using this opportunity to share knowledge on how to minimise damage to lives and property in the event of an earthquake. In collaboration […]

SCG to open Yangon showroom in May

Large Thai firm Siam Cement Group (SCG) will open its first Myanmar showroom at 10 Mile in May, according to its country director Chana Poomee. It aims to showcase products to its partners and dealers, while architects, developers and home owners will be able to explore a variety of building materials, he said at a […]

SCG eyeing Myanmar building materials chain

Industrial conglomerate Siam Cement Group is planning a joint venture with Siam Global House Plc, a building materials and home improvement retailer, says an SCG source. The source said the move was aimed at opening the first chain of Thai construction materials stores in Myanmar and gaining from the growing construction industry in the region. […]

Lafarge Launches 20,000-MT Cement Repacking Plant in Thilawa

French cement giant Lafarge has opened a cement repacking and storing factory in Thilawa special economic zone (SEZ) in Myanmar. Lafarge, one of the world’s largest building materials firm with over €15 billion in revenues, and two local companies – Aung Myin Thu and My Associates – have built the factory with an estimated investment […]

Thai investors eye opportunities

Thai businesses are continuing to eye Myanmar opportunities, downplaying concerns the country’s political situation may slow investment here. Several Thai business delegations visited Yangon last week looking to expand in the fast-growing economy, though some experts added further reforms in Myanmar are required to attract investment. Thailand investment will reach US$100 billion in the next […]

SCG to Pour in $400m in Mawlamyine Cement Plant

Thailand’s largest cement plant, Siam Cement Group (SCG), is investing $400 million to build its first “clean and green” cement plant in Myanmar’s Mawlamyine, 300 kilometres southeast of Yangon. The cement plant is expected to be operational in the mid-2016 with a production capacity of 1.8 million tonnes per year, the firm said. The company […]

SCG invests US$ 400 million to build cement factory

Thailand’s Siam Cement Group is investing $ 400 million to construct the cement factory in Mawlamyine, Mon State. The construction of the factory is expected to complete in the middle of 2016. “The priority we are focusing this moment is to manufacture cement and later cement related products such as ready mixed concrete and precast […]

Pro 1 Home Center – One Stop Service for building and construction materials

As a country’s economy grows, so does its need for a better infrastructure, and with it there also comes a greater demand for building materials. Pro 1 Home Center was brought into being to meet those infrastructural needs of Myanmar’s developing economy. The following is what U Myo Htwe, Managing Director of the Center, said […]

Yangon hardware store sets up shop

The country’s first modern construction supply warehouse for home owners and construction companies is now open for business in Yangon. The shop, Pro1 Home Center, opened its doors in Insein township on January 7, boasting an extensive stock of construction materials and international brands from roofing to flooring and various high-quality SCG products. U Myo […]