Thai finance firm Group Lease to buy Myanmar microfinance business

Thai motorcycle lessor Group Lease PCL plans to buy 71.9 percent of BG Microfinance Myanmar from Sri Lanka’s Commercial Credit and Finance PLC for an unspecified amount, to take advantage of rising microfinance demand in Southeast Asia. Through the deal, Group Lease will expand its regional presence, adding Myanmar to Thailand, Cambodia, Laos and Indonesia, […]

Thai industrial estate developer Amata to expand into Myanmar

Aug 22 Amata Corp Pcl, Thailand’s biggest developer of industrial estates, aims to expand into Myanmar by 2020 to capitalise on rising foreign investment in the country. The company is counting on new markets after suffering a slowdown in its home market. It reported a 45 percent drop in first-half revenue earlier this month as […]