Myanmar courting Thai steel ventures

The Myanmar government is wooing Thai steel producers to set up a joint venture to produce hot-rolled coil steel in Bagan, according to the secretary-general of the Iron and Steel Club under the Federation of Thai Industries (FTI), Korrakod Padungjitt. He said the Myanmar government is building a steal factory in Bagan with total capacity […]

Thai firm N Health launches joint venture to open Myanmar’s first private medical lab

Narongrid Galaputh, chief executive of Non-Hospital Group of Bangkok Dusit Medical Services Public Co Ltd (BDMS) and managing director of N Health, said at a media briefing that the firm is proud to become the first government-licensed private medical laboratory in the neighbouring country. “We are here because we believe in the future of Myanmar. […]

Myanmar to solicit bids for its 1st LNG terminal

An international tender to build Myanmar’s first liquefied natural gas terminal will start as early as April, presenting a business opportunity for Asian trading and energy companies, according to a government source. Along with a floating LNG terminal with an annual capacity of 3 million to 4 million tons, the $2-billion project includes construction of […]

Thai Exim Bank to open rep office in Yangon

The Export-Import Bank of Thailand will open a representative office in Yangon, Myanmar, in April to assist the start-up or expansion of Thai companies there. Bank president Pisit Serewiwattana said.the Exim Bank has been given a licence to open an office in the former capital city by the Central Bank of Myanmar. The next step […]

Law needed to regulate Thai investors’ abuses abroad: Thai, Myanmar groups

Some 27 Thai non-government groups and the Dawei Development Association (DDA), a communal rights group in Myanmar, issued statements yesterday urging the Thai and Myanmar governments, plus Thai companies to follow the United Nations Guiding Principles on Business and Human Rights and international rights treaties. The groups said rising investment by Thai companies in neighbouring […]

Top Myanmar retailer to launch e-wallet with Thai technology

Win Win Tint, founder and managing director of CMHL, said in an exclusive interview that the firms recently signed a memorandum of understanding to form a joint venture. According to the pact, T2P will share its experience in developing both fintech and customer-loyalty programmes of the retailer by providing the technology to run its loyalty […]

Impact of Agricultural Investment in Myanmar

After years of international isolation, Myanmar is liberalizing its economy and seeking to attract growing levels of foreign investment. Agriculture currently plays a crucial role in the country’s economy and more than 60 percent of the population depend on agriculture for their livelihoods. The Government of Myanmar (GoM) has acknowledged the need to support smallholders […]

Thai delegation visits Myanmar

Deputy Prime Minister Somkid Jatusripitak is scheduled to lead a Thai delegation to Myanmar on Feb 2-3, seeking to expand bilateral trade and investment as well as border trade. Isara Vongkusolkit, chairman of the Thai Chamber of Commerce, said the delegation will include 40 representatives who will meet Myanmar businesspeople to discuss possible partnership on […]

Can Myanmar’s Hydropower Study Truly be For The People?

In recent weeks, violent clashes in Kayin State have further disrupted Myanmar’s fragile peace process. Fighting between the Democratic Karen Buddhist Army (DKBA) and the government-sponsored Border Guard Force (BGF) in Mae Tha Waw areas of Hlaingbwe township, and more recently near Kawkareik township, has displaced over a thousand people. Entire families have fled their homes and are […]

Yangon firm offering cheap co-working space

A NEW co-working space was opened here this month, to cash in on increasing demand for short-term and affordable meeting places among wannabe entrepreneurs. Located on Nawaday Street in downtown Yangon, Sar J Poe lures target clients with amenities like free Wi-Fi, printer, scanner and projector. The space is available for daily, weekly and monthly […]