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Exim opens Yangon office for Thai ventures

The state-owned Export-Import Bank of Thailand (Exim Thailand) will open its first overseas representative office in Yangon, Myanmar, next month to help Thai investors who are expanding into the neighbouring market. “Exim Thailand is ready to support Thai entrepreneurs who wish to expand their export markets or relocate their factories to Myanmar with a view […]

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HomePro mulls CLMV investment

SET-listed Home Product Center Plc (HMPRO) is considering expanding to neighbouring countries with a total investment budget of 6-7 billion baht, says Rakpong Aroonwatdhana, HomePro’s head of investor relations. The new investment will come from two sources, 2-3 billion baht from its own cash flow of and the rest will come from loans. HomePro operates […]

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KBank plans upgrade to strengthen regional roles

Kasikornbank plans to upgrade its banking operations in three overseas markets — Myanmar, Vietnam and Indonesia — over the next two years in a bid to strengthen its regional position. KBank’s executive vice-president Pattarapong Kanhasuwan said the bank is considering several business models to match the demand and landscape of each market. “We hope to […]

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Total, PTTEP equal in Myanmar project

Myanmar has given approval for Total E&P Myanmar Co to hold a 50% stake in the Myanmar MD-7 project in which PTT Exploration and Production Plc (PTTEP) has the other 50%. Total was experienced in worldwide petroleum exploration and development and it will help to reduce risk and add value to the project, said Somporn […]

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