A Myanmar Success Story

​​ MYANMAR’S re-engagement with the world inspired investment banker Aye Thiha to leave New York and return home in 2011. His own business has flourished since and he still sees new opportunities flowing in. “My family coerced me to return and after eight years. I thought I was done with being an investment banker,” said […]

Millcon Invests in $12m Myanmar Plant

Executives of Millcon, GE and Thiha Co observe operations at their joint venture Millcon Thiha Co in Myanmar. Mongkol Bangprapa SET-listed Millcon Steel Plc (MILL) has partnered with local companies to invest in a US$12 million plant to produce construction steel to meet rising demand in Myanmar, where construction business and investment in infrastructures are […]

Millcon Thiha GEL Foresees Advantages in Being Steel First-Comer in Myanmar

MILLCON THIHA GEL is bullish that international development banks’ planned projects in Myanmar and demand from new factories to be constructed in Thilawa Special Economic Zone will keep its newly completed steel plant busy in the very near future. The company last week officially became the first manufacturer of industrial-grade steel products in Myanmar, being […]

Millcon’s Myanmar plant due in 2016

SET-listed steelmaker Millcon Plc (MILL) is expected to start its operations in Myanmar next year after being granted a licence to invest in the special economic zones (SEZs) recently, says the company… Sittichai Leeswadtrakul, also chief executive of Millcon, said its factory was due to be ready by year-end and would start operating commercially early […]

Thai alliance in Myanmar venture

Millcon Steel Plc (MILL), a SET-listed steelmaker, has formed a partnership with SET-listed General Engineering Plc (GEL) to develop a building materials factory in the Thilawa Special Economic Zone (SEZ) in Myanmar to cash in on growing demand in the neighbouring country. Millcon and General Engineering signed a memorandum of understanding on Wednesday with Myanmar […]