The Hanoi-based company Eurowindow, a leading integrated solution provider for doors and façades in Vietnam, which was established in 2002, plans to invest in Myanmar by building its first overseas manufacturing factories. The company’s CEO said that they aim to spend around US$ 120 million for two factories in Myanmar. “Myanmar has a lot of […]
Sri Lanka to Consider Myanmar as One of the Possible Suppliers of 100,000 MT Rice
July 11, 2017 by
July 06, Colombo: Following a first round of assessment, Sri Lanka has decided to take a closer look at four international rice suppliers to meet its urgent market needs, Minister of Industry and Commerce Rishad Bathiudeen said today. On the directions of President Maithripala Sirisena, Sri Lanka plans to purchase 100,000 metric tons of rice […]
United Amara frets bank run as owner’s father blacklisted
November 12, 2014 by
United Amara Bank has moved to head off a potential bank run after U Aung Thaung, father of its majority owner U Nay Aung, was placed on the US blacklist. U Aung Thaung is a former Minister of Industry and a sitting member of parliament. The United States Treasury placed him on its blacklist on […]
