The Pun corporate empire has secured the support of a fellow Southeast Asian business dynasty, signalling their confidence in the future of Myanmar despite the ineffectual economic reforms and uncertain fallout from the Rakhine crisis. Serge Pun says Asian companies still see value in Myanmar and are “smarter” than their Western competitors. Ayala Corp, a […]
Myanmar’s Path to Trade War Gains Blocked by $120 Billion Hole
November 25, 2019 by
Myanmar faces major infrastructure obstacles as it tries to attract manufacturers seeking alternative locations to China, according a leader of its business community. Aung San Suu Kyi’s government should prioritize reliable electricity and shorter transport times to woo factories as the U.S.-China trade war shifts global supply chains, said Zaw Min Win, president of the […]
AboitizPower seeks greenfield projects in Indonesia, Myanmar
May 31, 2018 by
MANILA, Philippines — Aboitiz Power Corp. continues to scout for greenfield projects in Indonesia and Myanmar, while still on the lookout for potential acquisition in the Philippines, top officials said. In a briefing after the company’s stockholders’ meeting Monday, Aboitiz Equity Ventures Inc. president and CEO Erramon Aboitiz said the thrust to pursue new power […]
Manila Water, partner propose to undertake major Yangon project
March 29, 2017 by
Manila Water Company Inc. and partner Mitsubishi Corp. are eyeing a large-scale project that would help reduce non-revenue water in Yangon, Myanmar. Non-revenue water refers to water produced and lost due to leaking pipes and illegal connections or because of inaccurate metering. In a statement, Manila Water said it was expecting to submit jointly with […]
Aboitiz Looks at Vietnam, Myanmar as Glut Hits Home
October 14, 2015 by
Aboitiz Power Corp. will build plants in Indonesia and scout for ventures in Vietnam and Myanmar as the Philippines’ second-largest electricity producer expands in Southeast Asia, while expecting an oversupply at home. The company would spend an estimated $4.5 billion to add 1,600 megawatts of capacity and help meet its target of a 4,000-megawatt portfolio […]
