|A Bank Nagara Indonesia branch in Hong Kong. Photo: BNI|
Bank Negara Indonesia has announced hopes to secure approval from the financial regulators to expand into Myanmar and South Korea, according to the Jakarta Globe on January 28.
|Thailand's Thonburi Hospital Group plans to build two hospitals in Yangon, and is mulling a third in Mandalay. Photo: Thonburi Hospital Group|
Thailand's third-largest private hospital group, the Thonburi Hospital Group, says it expects to sign a memorandum of understanding with Ga Mone Pwint Company in Yangon next week to start building two “superior-standard” hospitals in Myanmar.
|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.