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Myanmar: Japanese manufacturers eye expansion opportunities

After investing heavily in Thailand, Indonesia and Vietnam, Japanese businesses are now keen to expand in Myanmar, said Mr Satoshi Yamamoto, chief director of The Japan External Trade Organisation (JETRO) told The Myanmar Times during a business development seminar in Yangon on October 9. “Japanese trade dealers were interested to invest in Thailand, Indonesia and […]

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Laos, Brunei further strengthen bilateral relations

Bilateral relations and cooperation between Laos and Brunei Darussalam have received a boost with the visit of Vice President Phankham Viphavanh to Brunei last week.  Mr Phankham and his delegation, on behalf of President Bounnhang Vorachit, travelled to Brunei in response to an invitation from His Majesty Sultan Haji Hassanal Bolkiah of Brunei Darussalam. According […]

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Middle East retailer entering Philippine market

MANILA, Philippines — Middle East retail giant LuLu is set to make its foray into the Philippine market, seeking to enter the very competitive mall and supermarket landscape, and make the country its sourcing hub in the region. Philippine Economic Zone Authority (PEZA) director general Charito Plaza said officials from the LuLu group were in […]

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Facebook tops brands that give Thai millennials buzz

Facebook, 7-Eleven and Lazada top the 10 best perceived brands among millennials in Thailand, according to a YouGov BrandIndex survey. The three brands achieved the highest word-of-mouth scores in the survey, a notch above Line and KFC, which rank fourth and fifth respectively. The ranking is dominated by fashion retail brands, with three out of […]

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Indonesia: Freeport Divestment Completed in Q1/ 2019

TEMPO.CO, Jakarta – State-owned Enterprise Minister Rini Soemarno said the divestment process of Freeport Indonesia’s 51 percent shares will be completed next year. “We emphasize that the divestment process should be completed in the first quarter of 2019, as well as calculation scheme of the [shares] value,” she said on Wednesday. According to Rini, the government is still […]

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