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Thai banks lead charge for Dawei contract

Siam Commercial Bank, a partner of Burma's KBZ, is gearing up to offer financial facilities to fund investment by Italian-Thai Development in the SEZ.

Business weekly 12 June

In business this week; Thai energy drinks look to expand in Burma, Myanmar Airlines welcome a new Boeing, and talk of debt and deficit in Burma's economy.

Burma’s land prices scare off Thai firm

Saha Group, Thailand’s leading consumer product conglomerate, has scrapped plans to set up an industrial estate in Burma, citing high land prices.

Japan set to join Dawei SEZ

Thailand, Burma and Japan agree terms to manage the port, road and rail links, power plants, waterworks, industrial estates and telecommunications.

Thai firms agree Dawei signing ceremony

Ital-Thai and Rojana Industrial Park Plc expected to put pen to paper this month for first phase of Dawei Special Economic Zone.

Police break up striking garment workers in Shwepyithar

Several protesting workers from the E-Land Myanmar Garment factory in Shwepyithar Industrial Zone 2 were injured when they clashed violently with police.

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