Businesses in Myanmar generally welcome the Belt and Road Initiative’s (BRI) investment boost for the country’s infrastructure development. Some urged Myanmar to be more proactive in navigating its involvement in the scheme. Many emphasised the importance of transparency, public engagement and adhering to international practices. But some have also expressed reservation and scepticism against China’s ambitious […]
A Myanmar Success Story
December 8, 2016 by
MYANMAR’S re-engagement with the world inspired investment banker Aye Thiha to leave New York and return home in 2011. His own business has flourished since and he still sees new opportunities flowing in. “My family coerced me to return and after eight years. I thought I was done with being an investment banker,” said […]
Millcon Invests in $12m Myanmar Plant
December 2, 2016 by
Executives of Millcon, GE and Thiha Co observe operations at their joint venture Millcon Thiha Co in Myanmar. Mongkol Bangprapa SET-listed Millcon Steel Plc (MILL) has partnered with local companies to invest in a US$12 million plant to produce construction steel to meet rising demand in Myanmar, where construction business and investment in infrastructures are […]
Millcon Thiha GEL Foresees Advantages in Being Steel First-Comer in Myanmar
November 30, 2016 by
MILLCON THIHA GEL is bullish that international development banks’ planned projects in Myanmar and demand from new factories to be constructed in Thilawa Special Economic Zone will keep its newly completed steel plant busy in the very near future. The company last week officially became the first manufacturer of industrial-grade steel products in Myanmar, being […]
