Henkel Thailand expands footprint in consumer sectors

Building on 45 years of success in Thailand, Henkel continues to expand its presence in the adhesives and hair businesses and is aiming for greater growth, especially in the consumer sectors. Thailand has a large consumer market and a growing middle class, which are fueling the growth of various markets, such as automotive, beauty, electronics, […]

DHL aims to set Myanmar gold standard

DHL Supply Chain is aiming to be recognised as the best contract logistics provider in Myanmar within a short period, said Shisanupong Pitidhanyasawasdi, 36, country manager of DHL Supply Chain Myanmar. “The business objective in Myanmar is to establish our operation footprint within the market before expanding in the next three years. My short-term commitment […]

Krislite Ties Up with GE for Myanmar Lighting Solutions

Singapore-based lighting solutions provider Krislite has teamed up with General Electric (GE) Lighting in a bid to offer the American company’s solutions and products to projects and developers in Myanmar. Through the deal, Krislite will offer the full range of GE Lighting’s extensive portfolio of products and solutions, GE Lighting said in a statement. The […]

World Bank approves $140 million for Myanmar electricity

WASHINGTON – The World Bank’s board on Tuesday approved a $140 million interest-free loan to fund a more efficient power plant in Myanmar, as the bank seeks to support reforms in the Southeast Asian country. The World Bank has stepped up its engagement with Myanmar, which is rich in resources but underdeveloped after decades of […]

Myanmar’s energy sector boosted by World Bank investment

NAYPYIDAW, Myanmar, Sept. 25 (UPI) — The World Bank has approved a $140 million interest-free loan to upgrade an existing power plant in Myanmar, the bank said. The project, at the Thaton station in the southern state of Mon, will replace aging gas turbines with new units which will produce 250 percent more electricity with […]