Frontiers Capital

Latest news

New cement factory for Myanmar

Posted by: Alexandre Gelbard | 04 déc. 2012

The Siam Cement Group (SCG), Thai largest cement company, will start building a cement plant next year at Taninthayi Region, Myanmar, SCG’s country manager Soontornpol Veerapravati said.

“SCG is planning to manufacture its main products in Myanmar and willing to open four retail stores in Yangon, Mandalay Nay Pyi Taw and one other major city. The plan is also to expand more stores in other cities in the future,” Soontornpol said.

SCG products have entered Myanmar for many years although the plan to establish the cement factory is just a recent move.

The cement is currently in short supply in Myanmar and only 15 cement factories are running in the country.

The government is granting more permits for building cement factories in Myanmar.

Read more

Latest news

Mongolian Economy, March 2014

Mongolian Economy, March 2014

Inflation The national consumer price index in March 2014, increased by 0.8 percent compared to t[...]

IFC to support Mongolian Banking sector

IFC to support Mongolian Banking sector

The International Financial Corporation has partnered with Mongolian Bankers Association to introduc[...]

Mongolia: 9.5% growth for 2014: ADB

Mongolia: 9.5% growth for 2014: ADB

The Asian Development Bank released today their yearly outlook named "Fiscal policy for inclusive gr[...]