|Standard Chartered Bank is one foreign bank committed to Myanmar. Mr Peter Sands (C), Group Chief Executive, talks to the media as Mr Jaspal Bindra (L), Group Executive Director and Chief Executive Officer Asia, and Ms Tina Singhsacha (R), Chief Representative of Standard Chartered Bank in Myanmar, attend a media briefing at a hotel in Yangon, Myanmar, February 5, 2013. Photo: Nyein Chan Naing/EPA|
Foreign companies are said to be showing unwavering interest in Myanmar, despite concerns about the reform process, according to a report in The Nation on January 23.
Indonesian state-controlled tin miner Timah seeks to realise its plan to boost investment in Myanmar this year after it was halted last year, reports the Jakarta Globe on January 19.
|Labourers work on a construction site as they prepare to pour concrete, in Yangon, Myanmar, 30 August 2013. Photo: Lynn Bo Bo/EPA|
Thai industrial conglomerate Siam Cement Group plans to enter a joint venture with Siam Global House Plc, a building materials and home improvement retailer, the Bangkok Post reported on January 17.
|Myanmar motobike taxi drivers take a rest near the border gate of Myawaddy-Mae Sot at Myawaddy, Myanmar, May 12, 2012. Photo: Nyein Chan Naing/EPA|
Plans for the Myawaddy Special Economic Zone are on the agenda for discussion as Thailand's Deputy Commerce Minister Apiradi Tantraporn visits Myanmar for meetings with Myanmar government officials.
|Several foreign companies are involved in exploring Myanmar's oil and gas potential. PTTEP's Zawtika processing and living quarters platform used for gas drilling off the Myanmar coast. Photo: PTTEP|
The British government has just released a report championing the good opportunities for British companies interested in investing in Myanmar’s oil and gas sector.
|Workers sit on the heavy machinery during the opening of the commencement ceremony of Thilawa Special Economic Zone Project in Thilawa, near Yangon, November 30, 2013. Photo: Nyein Chan Naing/EPA|
Foreign investment has led to the creation of 251,008 new jobs over the last three to four years, according to a statement from the National Planning and Economic Development Ministry issued on December 27.