RC Cola to Set Up Plants in Myanmar

The exclusive manufacturer and distributor of RC Cola in the Philippines will put up plants in Myanmar and Thailand and construction may start this year, as it seeks to expand its presence in Southeast Asia. “We have Thailand and Myanmar … we are planning (to start construction) this year,” Asiawide Refreshments Corp (ARC) chairman Alfredo […]

Local investment in Myanmar has risen 110 billion Kyats (US$114 million) to 3 trillion Kyats (US$3.2 billion) in July, according to the Ministry of Commerce

Over 101 billion Kyats –  91 percent of the investments made by local businesses last month – was added to the manufacturing sector. Total local investments in manufacturing reached 801 billion Kyats ($827 million) by the end of July. Local businessmen invested in new rice factories, sugar plants and manufacturing various construction materials in July. They […]