Companies Resize Ambitions in Myanmar After Census

Census Shows Population Is Significantly Smaller Than Earlier Estimates Buddhist devotees visit Myanmar’s Shwedagon Pagoda. An official census released Saturday found the population of the country was significantly smaller than previously thought. Associated Press YANGON, Myanmar—A lower-than-expected population count is taking some of the shine off Myanmar, compelling current and hopeful investors to reassess what […]

Thai alliance in Myanmar venture

Millcon Steel Plc (MILL), a SET-listed steelmaker, has formed a partnership with SET-listed General Engineering Plc (GEL) to develop a building materials factory in the Thilawa Special Economic Zone (SEZ) in Myanmar to cash in on growing demand in the neighbouring country. Millcon and General Engineering signed a memorandum of understanding on Wednesday with Myanmar […]