Businesses Are Still Investing Billions in Refugee Crisis-Hit Myanmar

As the U.S. and Europe grow increasingly outraged over the Rohingya refugee crisis in Myanmar, Asian businesses are continuing to invest. Bangkok-based construction company TTCL Pcl is one of the latest examples, targeting the first half of next year to complete a funding plan and shareholder structure for a planned $3 billion coal-fired power plant in Kayin state bordering Thailand. […]

Asia Inc leads West in business in Myanmar

YANGON, Nov 5 – Asian businesses are gaining a foothold in Myanmar far quicker than those from Europe and North America, with China, Thailand, Hong Kong and Singapore accounting for nearly half of the firms setting up in the fast-changing country. According to the government’s Directorate of Investment and Company Administration (DICA), 134 Singaporean, 80 […]