Board of Directors

Singapore Myanmar Investco JV partner moves to block TPR Myanmar sale

June 28, 2018 by Thiha

SINGAPORE (June 21): Singapore Myanmar Investco (SMI) says its joint venture partner Golden Infrastructure Group (GIG) has officially initiated legal action against the group’s sale of TPR Myanmar. To recap, SMI has been engaged in a dispute with GIG since Dec 2016 regarding their joint venture in Myanmar Infrastructure Group (MIG), which is the holding […]

Filed Under: Latest News Tagged With: Board of Directors, builder, GIG, Golden Infrastructure Group, joint venture, joint-venture agreement, lawyers, MIG, Myanmar, Myanmar Infrastructure Group, operator, owner, shareholder agreement, Shares, Singapore Myanmar Investco, SMI, Telecommunication infrastructure, Towers, TPR, TPR Myanmar

Great Hor Kham expands into hydropower, prepares for YSX listing

May 15, 2018 by Thiha

U Sai Ohn Myint, chair of the board of directors of Great Hor Kham Public Company, which will list on the Yangon Stock Exchange this year, isn’t too worried about trading volumes on the local bourse, which have all but collapsed since opening for business in early 2016. “I think investors will be able to […]

Filed Under: Latest News Tagged With: Board of Directors, BOT, bridges, Build-Operate-Transfer, Chair, Construction Projects, Corn, electricity, government, Great Hor Kham Public Company, hotel, housing development project, Hydropower Projects, hydropower sector, Land Compensation, Muse, Myanmar investment commission, Myanmar Times, Nam Paw hydropower project, paddy, power stations, private sector, project design, roads, Securities and Exchange Commission, shopping center, U Sai Ohn Myint, Yangon Stock Exchange, YSX

PTTEP’s net profit jumps 60% from recovered oil prices & effective operation & cost management

January 30, 2018 by Thiha

PTT Exploration and Production Public Company Limited (PTTEP) reported 2017’s net profit at USD 594 million (equivalent to THB 20,579 million), soaring by more than 60% despite the impairment recognition of USD 558 million from the development plan adjustment in the Mariana Oil Sands project. Earnings Before Intereset, Taxes, Depreciation and Amortization (EBITDA) margin maintained […]

Filed Under: Latest News Tagged With: Algeria Hassi Bir Rekaiz project, Annual General Shareholders’ Meeting, Australia, bidding process, Board of Directors, Bongkot and Erawan, Brazil, Canada, CAPEX, Capital Expenditure, Chief Executive Officer of PTTEP, FID, Final Investment Decision, Financial Institutions, finanical position, gas prices, Gulf of Thailand, interim dividend, investments, Legal & Contractual Framework, Malaysia, Mariana Oil Sands project, Operating Expenditure, OPEX, PTT Exploration and Production Public Company Limited, PTTEP, Somporn Vongvuthipornchai, Southeast Asia, the Algerian Government, the Federal Republic of Brazil, The Mariana Oil Sands Project, the Middle East, The Mozambique Rovuma Offshore Area 1 Project, the oil and gas industry, the People's Democratic Republic of Algeria (Algeria), the Republic of Mozambique (Mozambique), the shareholders, the Vietnam Block B, transportation costs, Vietnam 16-1 Project, Zawtika Project

shopper360 in deal with Pahtama for JV firm in Myanmar

October 2, 2017 by Thiha

SHOPPER marketing services provider shopper360 said on Wednesday evening it has entered into a non-binding memorandum of understanding with Pahtama Group Co for the incorporation of a new joint-venture (JV) company in Myanmar. Shopper360 will hold 60 per cent of the JV company, with Pahtama taking the remaining 40 per cent. Pahtama is one of […]

Filed Under: Latest News Tagged With: Board of Directors, consumer goods sector, exclusive distributor, marketing services, multinational companies, Myanmar, new joint-venture (JV) company, non-binding memorandum of understanding, Pahtama Group Co, SHOPPER marketing services

Aust’s investment poised to rise after Chambers’ merger

August 25, 2017 by Thiha

Australian investors’ interest in Myanmar is forecast to rise, thanks to the recent merger of the country’s two chambers of commerce in Yangon. Jodi Weedon, CEO of the new AustCham Myanmar, said the new organisation would be formed following a memorandum of understanding signed on August 14. She said the merger would enable one unified […]

Filed Under: Latest News Tagged With: agenda, annual meeting, Aust’s investment, Australia- Myanmar trade delegations, Australia-Myanmar business relationship, Australia-Myanmar Responsible Investment Working Group, Australian businesses, Australian companies, Australian investors, Board of Directors, broader membership, Business Community, CEO of the new AustCham Myanmar, Chambers of Commerce, Chambers’ merger, Chris Hughes, Conferences, financial services sector, Foreign Direct Investment, greater network, investment climate, Jodi Weedon, legal firm Berwin Leighton Paisner, memorandum of understanding, Myanmar, Myanmar Government, Myanmar Law Reform Expert, Myanmar market, networking events, new organisation, transition committee, Yangon, Yangon-based partner

The ‘Lean, Clean And Green’ AIIB Is Ready For More Ambitious, Independent Projects

July 20, 2017 by thiha

The Asian Infrastructure Investment Bank (AIIB) has been operating for eighteen months, and, contrary to the fears of some Western analysts, the bank has tightly controlled risks, engaging in projects that are sensitive to local politics, social conditions, and the environment. While the AIIB has mainly been working closely with other multilateral development banks, the […]

Filed Under: Latest News Tagged With: AIIB, AIIB President Jin Liqun, Asian Development Bank, Azerbaijan, Bangladesh, Board of Directors, Board of Governors, development, European Bank for Reconstruction, Georgia, Gujarat, Head of Communication, India, Indonesia, Laurel Ostfield, Myanmar, Oman, Pakistan, Soren Elbech, South Korea, Tajikistan, The Asian Infrastructure Investment Bank, The Board of Governors, Treasurer, World Bank