Myanmar’s KBZ Bank to Ride Asean Growth Wave

KBZ, MYANMAR’S first bank to have expanded internationally with presence in Singapore, Thailand and Malaysia, is aiming high to grow further in tandem with the growth of Asean, said Nang Lang Kham, the bank’s deputy chief executive officer. She said in an interview that the growth of Asean has been quite fascinating thanks to the […]

Dawei Project Gathers Pace

THE INITIAL Bt37-billion phase of the Dawei Special Economic Zone will by ready to kick off before the end of this year after Myanmar’s government signs a procurement contract this month with Italian-Thai Development (ITD), said company president Premchai Karnasuta. He said yesterday in Yangon after participating in a ceremony to open a representative office of the […]

Toyo-Thai plans Bt88 bn power plant in Myanmar

TOYO-THAI CORPORATION, an integrated engineering procurement and construction contractor, is in talks to invest US$2.7 billion (Bt88 billion) in a 1,280-megawatt coal-fuelled power plant in Myanmar. The company expects to finalise the deal in the third quarter, said vice president and chief operating officer Surattana Trinratana. Yesterday saw a signing ceremony for a project loan […]