Letter to Editor: A technocrat-run MIC is the solution

SIR – Your piece on November 28 put forward numerous ways to ensure that the new Investment and Foreign Economic Relations Ministry spells meaningful changes for the economy. While I hope this measure will speed up the investment process in Myanmar and create more confidence in decision-making for businesses, I am skeptical given the gerontocratic […]

Thai investment in Myanmar slowing

Thai investment in Myanmar, officially known as Myanmar, is likely to lag behind other countries, from second highest for accumulated value in Myanmar’s direct investment to eighth this year if it keeps investing at the current pace. Despite the steadily increasing clip of Thailand’s foreign direct investment (FDI), the growth is considered relatively low compared […]

Right local partner key for Thai SMEs looking to Myanmar

Thai small and medium-sized enterprises looking to establish a footprint in Myanmar should find the right local distribution partners, and their products should not be dependent on the country’s currently underdeveloped infrastructure, according to experts in doing business there. Speaking at the second session of the “Thailand-Myanmar Trade Investment Relations in the Age of AEC” […]

TTW plans to expand capacity, eyes Myanmar

Thai Tap Water Supply (TTW), a producer and distributor of tap water in Nakhon Pathom and Samut Sakhon for the Provincial Waterworks Authority, plans to invest between Bt2.2 billion and Bt2.5 billion to expand its production capacity by 100,000 cubic metres per day, hoping to generate Bt5.9 billion in revenue this year. TTW also expects […]

Thai Labour woes turn producers to Myanmar

THE electrical-appliance and auto-parts industries are already forging trade relations with partners in Myanmar due to the labour shortage in Thailand. “Some companies aim to set up factories there this year so that they can start production next year,” Suparp Suwanpimolkul, honorary president of the Thai Subcontracting Promotion Association, said yesterday. As the members of […]