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Warm response seen to ‘Myanmar Insight’ in Bangkok

GIVEN the rising interest in Myanmar’s economy this year, nearly 500 Thai businesspeople are expected to gather at the Myanmar Insight 2018 to be held in Bangkok next month, according to Nattawin Phongsphetrarat, vice president of Thai Business Association of Myanmar (TBAM). He said at a press conference yesterday that the event would be held […]

Basic Energy investing in 2 Thai firms

Basic Energy Corp. has agreed with Thailand-based Vintage Engineering PCL (VTE) on the terms of investing in two of the latter’s subsidiaries involved in what is considered as Southeast Asia’s largest solar power project. Basic Energy said in a disclosure to the Philippine Stock Exchange that it had signed with VTE an investment term sheet, […]

Myanmar’s ABC wants partners for basics

ABC Group, operator of ABC convenience stores in Myanmar, is looking for foreign partners to help it expand. A deal with foreign partners would help the company branch into other retail formats such as hypermarkets and supermarkets, said Wai Thit Lwin, managing director of the ABC chain. Myanmar’s retail sector is rife with opportunities for […]

Thai firms join 24 foreign firms at Yangon business matching event

Two Thai firms joined a business-matching event in Yangon last week, which was attended by 24 Japanese corporations and 13 Myanmar companies. The aim was to introduce business partners to customers in response to their requirements and business strategies. These firms represented diverse industries – from food and restaurants, daily-use products and consumer equipment to […]

Thai firms advised to tap potential in Myanmar

. Convenience and modernisation are major factors for Thai companies keen to attract Myanmar consumers, says market research and consulting firm Envirosell Thailand. Managing director Sarinporn Jiwanun said people in Myanmar were becoming more modern, with changing lifestyles driven by technology and innovation along with new brands and fashions, all of which have made inroads […]