Sampath Bank funds mega hotel development project in Myanmar

Sampath Bank PLC, a pioneer in introducing revolutionary financial solutions with a strong footing in the Sri Lankan market, announced that it had successfully concluded a loan transaction with Yangon based hotel developer Family Business Group Hotel Limited (FBGHL), Myanmar. This loan marks yet another giant stride in the steady rise of the Bank’s off-shore […]

Thai SMEs encouraged to invest in Mandalay

Thailand’s small and medium-sized enterprises (SMEs) are being urged to invest in Myanmar, especially in Mandalay, a region with abundant natural resources, strong agricultural production and growing demand for Thai goods. Speaking at a seminar in Mandalay sponsored by Bangkok Post Plc and Asset Pro Management Co, Nuttaphong Visitkitchakarn, who sits on the executive committee […]

Thai companies urged to invest in Myanmar ‘or miss out’

THAI enterprises should not delay when considering business and trade opportunities with Myanmar, otherwise they may lose out to other foreign investors, said Aung Than, vice chairman to the Mandalay Chamber of Commerce in Myanmar. With the ASEAN Economic Community (AEC) scheduled to commence in 2015, Aung Than said many foreign investors, particularly those from […]