Thailand’s PTT awaits Myanmar Policy

The energy giant PTT Plc has been reluctant to invest in the retail oil business in Myanmar as part of its aggressive expansion plan in Southeast Asia, citing unclear regulations in the previously military-ruled country. PTT executives led by chief executive and president Pailin Chuchottaworn attend yesterday’s shareholders’ meeting. Senior executive vice-president Auttapol Rerkpiboon said […]

Myanmar’s rice revival uncertain

Scant stocks, weak demand dent Myanmar’s hopes of rice revival. Shrinking global demand, poor infrastructure and hesitant investors could leave Myanmar far short of its rice export target this year, dealing a blow to its ambitions of competing with the world’s top shippers of the grain. Industry experts and government officials say the 3 million-tonne […]