Thailand top destination for Hitachi’s operations

THE ASIAN market is growing rapidly and the region is important for Hitachi’s operations, its president Hiroaki Nakanishi said recently. The Japanese company has also increased its business activities in many Asian countries that need to expand their infrastructure base. “Thailand is the top investment destination of Hitachi in the Asean region. The country is […]

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Sika eyeing to invest in Myanmar construction sector

The first and largest specialty chemicals company in Thailand, Sika, is planning to enter Myanmar’s construction sector, sources say. The company applied to the Directorate of Investment and Companies Administration (DICA) to open a branch office in Myanmar and the DICA approved its proposal on October 4. Sika (Thailand) was founded in 1989 and is […]

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Myanmar's wind power attracts Thai and other foreign firms

Firms from Thailand and China are studying the feasibility of wind power in Myanmar, where 70 per cent of the population has no access to electricity, media reports said Sunday. Gunkul Engineering Public Company Ltd of Thailand and China Three Gorges Company agreed to study wind power generation in separate parts of the country, Aung […]

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Myanmar’s wind power attracts Thai and other foreign firms

Firms from Thailand and China are studying the feasibility of wind power in Myanmar, where 70 per cent of the population has no access to electricity, media reports said Sunday. Gunkul Engineering Public Company Ltd of Thailand and China Three Gorges Company agreed to study wind power generation in separate parts of the country, Aung […]

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S. Korean bid wins contract to build Myanmar airport

Myanmar has picked South Korea’s state-run airport operator to build a new international hub near it’s main city, as the once-isolated nation sees booming tourist and business visitor numbers. A consortium led by the Incheon International Airport Corp (IIAC) was chosen as the preferred bidder to construct the Hanthawaddy International Airport as a second hub […]

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Build it and they might come – A planned Thai mega-project in Myanmar runs into difficulty

THE Burmese city of Dawei lies 350 kilometres (220 miles) west of the Thai capital, Bangkok. The two are separated by a stretch of mountainous jungle and have never been connected. But over the past five years, Thailand’s biggest construction company, ItalianThai, has cut a swathe through the jungle which, once paved, will cost roughly […]

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Yangon office space 'more costly than Manhattan'

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]

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Yangon office space ‘more costly than Manhattan’

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]

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Thai firms sign MoU for Myanmar power plant

The Myanmar electric power authorities have signed a memorandum of understanding (MoU) with two foreign companies, GMS Power Publish Co Ltd and Global Power Synergy Co Ltd of Thailand. The MoU aims at conducting feasibility study for establishment of combined cycle power plant project in Ayeyawady and Yangon Regions, official media reported Saturday. The cycle […]

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