IFC helps expand Myanmar’s retail business

Yangon – IFC, a member of the World Bank Group, on Monday signed an agreement to lend US$25 million to Myanmar’s largest retail group, City Mart Holding Company Limited (CMHL), to support its expansion plans, boost the country’s retail sector, and create much-needed jobs along the supply chain. IFC’s funding will help CMHL construct about […]

SGS supports Cambodian & Myanmar apparel sector

To support the apparel industry in Southeast Asia, SGS operates a laboratory in Phnom Penh, the capital of Cambodia and also provides garment inspection services in Myanmar. The Cambodian facility has the capability to perform product regulatory and quality testing like US CPSIA, EU REACH and others, in both physical and chemical testing, inspections and […]

Unilever Food Solutions looks to double B2B in Myanmar every two years

Unilever Food Solutions aims to double its business-to-business deals every two years in Myanmar, said Prasith Preechachalieo, managing director for Thailand, Indochina and Vietnam. He said the company, which is a unit of Unilever Thai Trading Ltd, began doing business in Myanmar in 2010, focusing on the restaurant market. Serving 200 restaurants in 2011, that […]