Reposted 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…
Reposted from Channelnewsasia
According to StanChart, Myanmar’s economy is expected to grow by 6.4 per cent in 2013
SINGAPORE: Myanmar’s recent political and economic reforms have made it a popular destination for Singapore businesses looking to venture overseas. More…
Reposted from The Star Online
Coca-Cola Co and PepsiCo fight for market share in Myanmar
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…
Reposted from AseanAffairs
General Manager of Cambodia Beverage Company (Coca-Cola) – Paul Popelier
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…
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…