Thai SMEs encouraged to invest in Mandalay

Thailand’s small and medium-sized enterprises (SMEs) are being urged to invest in Myanmar, especially in Mandalay, a region with abundant natural resources, strong agricultural production and growing demand for Thai goods. Speaking at a seminar in Mandalay sponsored by Bangkok Post Plc and Asset Pro Management Co, Nuttaphong Visitkitchakarn, who sits on the executive committee […]

Daibochi expects a better second half with new plant’s contribution

KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd, which on Wednesday reported a 14% dip in first half-year net profit, expects a stronger performance in the second half of the year as it banks on its newly-operational first overseas plant in Yangon, Myanmar. The flexible packaging manufacturer said in a statement that the consumer packaging […]

Britannia Industries Eye Expansion Into Myanmar

New Delhi, Aug 7 () Britannia expects around 10-12 per cent of its revenue to come from overseas markets in the next 3-5 years and plans to set up a plant in Nepal as part of global business expansion, says Britannia MD Varun Berry. The FMCG major is also looking to build its presence further in the African market and Myanmar. […]

Tata Steel explores Myanmar, Bangladesh market

Boosted with success of its solution business in the retail segment in the domestic market, steel major Tata SteelBSE 1.12 % is now exploring possibility of entering overseas markets like Bangladesh and Myanmar with retail branded steel solution products. “We have a great success in developing brands and distribution network in B2C markets in India. […]

Retailers brace for competition

MYANMAR RETAILERS, riding on an economic boost, anticipate fiercer competition from foreign players once restrictions are lifted. Win Win Tint, president of Myanmar Retailers Association and managing director of City Mart Holdings, said that Myanmar may allow the entry of international retail chains in the near future, driven by local demands. “New retail channels such […]