Sodexo , Amata eye growth in CLMV markets

SODEXO, a global leader in integrated facilities management services, plans to expand its activities in the CLMV markets (Cambodia, Laos, Myanmar, and Vietnam) through its joint venture operations with Amata Corp in Thailand. Under the partnership, Thailand will be promoted as Sodex’s ‘hub for growth’ in the region. Arnaud Bialecki, country president of Sodexo Thailand, […]

Myanmar’s United Amara to issue 15,000 Visa cards in 4 months

UNITED Amara Bank (UAB), one of the largest financial institutions in Myanmar, will issue more than 15,000 Visa credit cards by the end of this year, says Christopher Loh, the bank’s chief executive officer and special adviser to the chairman. Loh announced on Tuesday the launch of UAB’s first suite of credit cards with Visa […]

UOB finances the first Singapore company building a power plant in Mon State, Myanmar

Nay Pyi Taw, Myanmar, 24 February 2014 – United Overseas Bank (UOB) today signed a financing agreement with Singapore company Asiatech Energy to build a combined cycle gas-fired power plant in Mon State, Myanmar. Asiatech Energy was commissioned to construct the power plant in Mawlamyaing Township by Myanmar Lighting IPP Co. Ltd (MLC). MLC will […]