Myanmar Urged to Tap Alternative Energy

ALTHOUGH hydropower accounted for 62 per cent of Myanmar’s power production last year, the nation should focus on improving the use of renewable energy to meet its target of 100 per cent electrification by 2030, the Myanmar Green Energy Summit 2017 has been told. Dawn Del Rio, deputy country director of United Nations Development Programme […]

Thailand’s Ch Karnchang Rosy About Prospects in CLMV

Ch Karnchang Plc aims to win bids worth over Bt354 billion in the second half of this year, targeting total revenue of Bt30 billion by the end of this year, according to the company’s chief executive officer, Supamas Trivisvavet. Meanwhile, the company has continued to expand overseas investments that focus on Laos and Myanmar. Investments […]

Reorganised MIC grants eight licences

In what may be an accelerating trend toward a more value-added economy, the reorganised Myanmar Investment Commission has granted licences to eight companies, including several in the manufacturing sector. This represents a change from the past, when most companies seeking MIC licences were in extractive industries. MIC was reorganised with new cabinet members, private entrepreneurs, and […]

Bangkok Bank reveals challenges of operating in Myanmar

AFTER A YEAR of operating a branch in Myanmar, Bangkok Bank says it has learned that it has to put more effort into doing business there than in other countries because the long isolation of Myanmar in the past means there are few examples of how foreign companies there resolve problems. BBL had operated a […]