SCG merges arms, plans $1.5-billion regional stakes Reply

SCG iZrpgLVSbU54Reposted from The Nation
By WATCHARAPONG THONGRUNG

Siam Cement Group (SCG) plans to invest US$1.5 billion (more than Bt43 billion) in cement and power plants and logistics facilities in the region, especially Indonesia, Myanmar and Cambodia.

The group yesterday announced the restructuring of its business with the merger of its cement, building-materials and distribution arms into a new unit called SCG Cement-Building Materials.

SCG president and chief executive officer Kan Trakulhoon said the move was in line with the group’s strategy to expand its cement and building-material business into the region to cash in on the coming Asean Economic Community, as well as to promote its investment flexibility.

The regional investment includes a $400-million cement plant in Indonesia with annual capacity of 1.8 million tonnes. Construction is scheduled for completion by the end of 2015. More…

S’pore companies see potential business opportunities in Myanmar Reply

According to StanChart, Myanmar's economy is expected to grow by 6.4 per cent in 2013

According to StanChart, Myanmar’s economy is expected to grow by 6.4 per cent in 2013

Reposted from Channelnewsasia

SINGAPORE: Myanmar’s recent political and economic reforms have made it a popular destination for Singapore businesses looking to venture overseas. More…

PepsiCo to sign Myanmar bottling deal as rivalry with Coke grows Reply

Coca-Cola Co and PepsiCo fight for market share in Myanmar

Coca-Cola Co and PepsiCo fight for market share in Myanmar

Reposted from The Star Online

SHANGHAI: PepsiCo Inc is in talks to sign a bottling agreement in Myanmar, ramping up the competition with Coca-Cola Co as they fight for market share in a country emerging from decades of isolation. More…

Coca-Cola enters Cambodian water market Reply

General Manager of Cambodia Beverage Company (Coca-Cola) - Paul Popelier

General Manager of Cambodia Beverage Company (Coca-Cola) – Paul Popelier

Reposted from AseanAffairs

Coca-Cola has waded into Cambodia’s bottled water market with international brand Dasani, with the goal to become market leader in the crowded sector. More…

The new tendency in Japanese FDI in Vietnam Reply

Reposted from VietNamNet Bridge

While local authorities have been trying to call for Japanese investment into supporting industries, a lot of Japanese investors arrived in Vietnam are operating in the fields of trade, real estate, information technology, service and consumer goods production. More…