Though 80 per cent of the population remains unserved by Myanmar’s banking system, Wave Money aims to enjoy much higher growth over the next few years thanks to its continuous expansion of distribution network, said the firm’s top executive. Brad Jones, chief executive officer of Wave Money, said in an exclusive interview the firm has […]
Sodexo , Amata eye growth in CLMV markets
September 29, 2017 by
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, […]
Yoma and Sumitomo partner up
December 23, 2013 by
Yoma Strategic Holdings has entered into a proposed joint venture with Japan’s Sumitomo Corporation to distribute Hino trucks in Myanmar. Hino, a Toyota group company, manufactures medium- and heavy-duty trucks and buses, and is a market-leader in Japan. Andrew Rickards, Yoma Strategic’s chief executive, said the proposed joint venture would benefit both the logistics and […]
Philips Links With Partners to Light Up Myanmar
November 30, 2013 by
YANGON — Dutch electronics giant Philips has teamed up with local partners to bring more of its products to Myanmar, as the brand looks to take advantage of the Southeast Asian nation’s growing demand for lighting. In a ceremony in the former capital Monday, the 120-year-old firm signed up with three companies who will distribute […]
China’s Huawei market leader in mobile handset in Myanmar
June 22, 2013 by
Chinese telecom companies are enthusiastic about Myanmar’s efforts to boost its underdeveloped telecom market, said a high-level manager at the Myanmar branch of a top Chinese telecom company. “The inflow of top telecom operators from all over the world creates a brilliant opportunity to upgrade the country’s telecom sector,” said Ren Geng, managing director of […]
