SC Auto to Set up $30m Bus Factory in Myanmar

Bus manufacturer SC Auto announced yesterday it is setting up a $30 million facility in Yangon, Myanmar, with support from International Enterprise (IE) Singapore, as it seeks further growth for its business. The 16,000 sq m facility, slated to begin production in the fourth quarter of next year, will enable SC Auto to increase its […]

MOU opens doors to Myanmar for more Singapore firms

SINGAPORE — Homegrown transport and logistics firm Bok Seng Group signed an agreement with Myanmar’s Ayeyar Hinthar Group earlier this year to develop a one-stop logistics hub in the Pathein Industrial City — the region’s first large-scale industrial park. Bok Seng is one of the growing number of Singapore businesses seeking to expand into the […]

Myanmar’s Suu Kyi looks to Singapore as model – minus the materialism

Myanmar opposition leader Aung San Suu Kyi cemented Singapore’s role as a major economic partner and model for her country on a five-day trip to the island, taking home what she said were valuable lessons on education policy and anti-graft measures. But her endorsement of the wealthy city-state came with a caveat – Myanmar could […]