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Carabao Dang maker eyes plants in Myanmar, Cambodia

http://www.elevenmyanmar.com/business/3825-carabao-dang-maker-eyes-plants-in-myanmar-cambodia

By Savitree Rinwong, The Nation

Carabao Tawandang, the manufacturer of Carabao Dang energy drinks, plans to open factories in Myanmar and Cambodia within the next three to five years.

Managing director Sathien Setthasit yesterday said the company would also increase the production capacity of its Thai factory by 40 per cent, in line with the goal of making Carabao Dang the No-1 energy-drink brand in Asean.

He said the establishment of plants in Myanmar and Cambodia formed a central part of its plan to penetrate other Southeast Asian markets. The planned factory in Myanmar in the next three to five years would also give Carabao Tawandang a production base for exporting its energy drinks into middle-Asian countries such as Bangladesh and India.

Output from the company's planned factory in Cambodia would cover that market, as well being exported to Vietnam.

Thailand, however, will remain its main production centre for Asean, he stressed.

"We have budgeted up to about Bt1 billion for the investment, of which between Bt200 million and Bt300 million is for the energy-drink factory in Myanmar, and a similar amount for our plant in Cambodia.

"For Thailand, we will invest Bt300 million next year to add new machinery at our factory, which will increase overall production capacity by 40 per cent from 3 million bottles a day currently," said Sathien.

The Myanmar market for energy drinks has good potential, said the MD.

The company believes that, given its regional ambitions, sales of its Carabao Dang drinks will have the chance to grow tenfold in the future - from 5 million-6 million bottles a month to between 50 million and 60 million bottles.

"Economic growth in Myanmar will allow individuals to enjoy higher spending power. Having our own factory in Myanmar will allow our energy-drink products to be cheaper than those we now sell there, which are imported from Thailand," he said.

"The current average income in Myanmar is still low, at only US$2 [about Bt60] per day, when compared to the high price of our energy drink, which is Bt20 per 250ml bottle," he added.

Sathien said the company wanted to become the top-selling energy-drink brand in Asean with annual sales of Bt15 billion by 2018, against about Bt7 billion targeted for this year.
 

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Sika eyeing to invest in Myanmar construction sector

http://www.elevenmyanmar.com/business/3778-sika-eyeing-to-invest-in-myanmar-construction-sector

The first and largest specialty chemicals company in Thailand, Sika, is planning to enter Myanmar’s construction sector, sources say.

The company applied to the Directorate of Investment and Companies Administration (DICA) to open a branch office in Myanmar and the DICA approved its proposal on October 4.

Sika (Thailand) was founded in 1989 and is now a public company. The company has produced many kinds of construction materials and International Organization for Standardization (ISO) certificates.

With a head office in Switzerland, Sika does business with 80 countries in the African, Asia-Pacific, American and European regions.

This year, the Myanmar Investment Commission has approved proposals by companies from Singapore and the United Arab Emirates for construction sector projects such as hotels, office apartments and office buildings.

Total investment by foreign companies has exceeded US$37 million (Ks 36.03 billion) in the construction sector. Although foreign investment has been lower than expected, local investment has increased, sources say.
 

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After opening the permanent checkpoint at Koh Thaung [Victoria Point], the border trades gone up by 12.54% to 24.2 billion Baht - 20 Billion export from Thailand to Burma including refined oil and lubricant, steel products, the oil and gas drill instrument, energy drink, instant coffee, soft and alcoholic drinks, cement, rubber tires, steel tubes, and sandals and 4 billion baht import from Burma to Thailand including fishery products, steel products, drilling instrument, charcoal from mangrove trees, cashew nuts, tin, and gas pump

Burmese demands for exports from Thailand: more fuel oil, lubricants, vegetable oil, drinks, steel products, paper, medicine, color and color products, glass, booze, beer, wines, cement, shoes, motorcycles, clothes, chemical products, dried areca palm nuts, confectioneries, sugar, fresh milk, condense milk, batteries, and canned food.

Thai demands for imports from Burma: more fishery product, charcoal from mangrove trees, pulverized anchovy, ores in addition to tin ores, shells from the sea, scrape metals, rattan and bamboo from forest and other forest products

http://www.thanonline.com/index.php...d=205132:-24&catid=136:--a-tourism&Itemid=448
 

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Thailand, Myanmar to open new border checkpoints

MYANMAR, Nov 23 – Thailand will open new border checkpoints to facilitate communications with Myanmar and develop labour forces for the neighbouring country, according to the Foreign Ministry.

Deputy Prime Minister/Foreign Minister Surapong Tovichakchaikul said the new checkpoints, especially at Singkorn in Prachup Khiri Khan province, will be opened as soon as possible.

Mr Surapong attended the 7th Thai-Myanmar Joint Committee meeting and said Thailand is willing to support Myanmar on education development and registration of skilled labour from the neighbouring country.

He said Thailand offered to cooperate with Myanmar in solving the problem of Rohingya migrants and called on its authorities to check the citizenship of ethnic people.

Rohingya migrants have illegally entered Thailand over the last several years, mostly from Myanmar’s Rakhine province.

Mr Surapong said the meeting also discussed construction of roads and Myanmar taking the ASEAN chairmanship to usher the region towards the ASEAN Economic Community (AEC) in 2015.

Regarding the Dawei Special Economic Zone (DSEZ), the deputy prime minister said Myanmar was asked to talk to Japan about jointly developing the megaproject and hoped that a conclusion could be reached at the ASEAN-Japan Summit next month. (MCOT online news)

http://www.mcot.net/site/content?id=529033be150ba0f70c000027#.UpEQtsQW1DA
 

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Now, Bangkok General Hospital (BGH - Private run Hospital) has opened 4 new branch offices in Myanmar including Yangon, Mandalay, Nepyitaw, and Taunggyi to run as pharmacies for those common men and to facilitate those well to do Burmese to get medical treatments in Bangkok.

https://www.facebook.com/pawin.pummarin/posts/724678714237690




Corporate Big Gun like CPF starting to make a move in Myanmar - 5 Star roast chicken stalls are just the first few obvious signs of CPF investment in Myanmar: CP food shop, CP food station, CP Fresh mart in Yangon, Mandalay, Heho, Bagan - quite popular shops due to the affordable prices and ready meal with roast chicken, fried chicken, frozen sausage, and other frozen food sold in Yangon city and Mandalay city. https://www.facebook.com/pawin.pummarin/posts/724701474235414
 

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Myanmar migrant workers in Thailand’s Ranong complain against wage
Published on Wednesday, 20 August 2014 17:00

Several Myanmar migrant workers in Thailand’s southern province of Ranong complained that they are cheated on salary and overtime payments.
Though minimum wage in Thailand is set at Bt300 a day, they said that actual payments are way below that.
One independent worker who has been in the province for over 10 years said that he never earned as much as Bt9,000 a month. Working on any job given, as a carpenter, mason, crab breeder, or helper on a fishing boat, he said that he only earned Bt4,000 a month from the jobs.
“They hiked it a bit if they wanted to. At best, I earned Bt7,000 a month,” said the worker who asked not to be named.
He added that overtime payments are usually ignored. Payments were made only with extra load of work.
“We can do nothing about it. We have to do everything they ask, even when we are bullied,” he noted.
A Myanmar migrant worker activist in the province admitted that work conditions of the workers are poor. Some workers are bullied even with the possession of all legal document. For those without document, they have to agree to take on any assignments.
The activist also noted that some workers, particularly those on fishing boats, do not have the knowledge of the Thai authorities’ issuance of legal document to migrant workers. His particular concern was for workers who were sold to work on fishing boats.
“No employer follows the law. Worse, some allege migrant workers of using drugs,” the activist said.
 

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Now, Songkhorn - Mergui route has become preferred route than Dawei Deep Sea Port which has become increasingly uncertain and there are lots of demands by the local Burmese investors who want to ask Thai investors to invest in Mergui ... Now, Thai - Burmese contractors who run Singkhorn - Myanmar Construction Co, Ltd. are constructing the paved road from Singkhorn checkpoint all the way to Mergui with the distance of 170 km to allow traffic Mergui to border to use just 2 hour instead of 9 hour before heading to either Sahaviriya Deep Sea Port in Prachuab Khirikhan as well as Prachuab Khirikhan railway station which has a daily mixed between Bangsue 2 and prachuab Khirikhan

After the pave road from Border to Mergui is done, more tourist business, fishery and agriculture will be the real boom - Now, Siam Cement is purchasing the land around Mergui to handle lignite to feed factory in Saraburi and Thung Song while TPI is coming to purchase the land to carry cement and steel to sell to Mergui while Vijitphan group is going to invest on palm oil plantation while CP and Thai Bev are going to invest in Mergui as well.

http://www.thanonline.com/index.php...9:2009-02-08-11-47-38&Itemid=479#.VBnvgpR_t1Q
 

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Growing demands for Thai -Burma border trades and tourism have compelled Ministry of Interior to extend the opening hour at 3 permanent Border checkpoints

1. Mae Sai checkpoint - extending to 6.30 AM to 9 PM
2. Mae Sod checkpoint - extending to 5.30 AM to 8.30 PM
3. Singkhon checkpoint - 8 AM to 10 PM
https://www.facebook.com/thailandcoup/posts/411871272313386
https://www.facebook.com/thailandcoup/photos/pcb.411871272313386/411871245646722/?type=1&theater
https://www.facebook.com/thailandcoup/photos/pcb.411871272313386/411871218980058/?type=1&theater
https://www.facebook.com/thailandcoup/photos/pcb.411871272313386/411871202313393/?type=1&theater
https://www.facebook.com/thailandcoup/photos/pcb.411871272313386/411871178980062/?type=1&theater
 

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Thai Big banks are ready for AEC investment -
Bangkok Bank - More full Branch in Yangon, Phnom Penh and Pak Xe
SCB focus on JV on Vina Siam Bank
K-Bank still negotiate with National Bank of Cambodia to set up the branch and to help SMEs in Cambodia - via Canadia Bank PLC.
For Bank of Ayutthaya, focus will be the service through alliance like Vietin Bank or through Ayutthaya Leasing in Laos - - also consider new branches in Pak Xe and Savannakhet
http://www.thanonline.com/index.php...d=260138:2015-01-02-05-47-12&catid=101:2009-0
 

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After Japanese government (METI) showing the real sign of interesting on investment in Dawei Deep Sea port, the project will be started by the end of June 2015
Setting up Daewei Special Economic Zone Co. Ltd. with Thailand and Burma are the main shareholders at 50:50 - before changing to 33 1/3:33 1/3:33 1/3 - the initial phase of the project is 1700 Million Dollar investment (52000 Million Baht investment) - Contract will be signed in March 2015 with ITD PCLand Rojana Industrial park (own by Industrial Estate of Thailand - with Japanese investment in this real estate in Ayutthaya city) - EGCO PCL (Energy Generation Co. Ltd. PCL - Thai private sector who run power plant to generate power sold to EGAT) and LNG Plus International Co. Ltd. (Power generator subsidiary of ITD PCL which is working on Dawei Gas-Fired Power Plant). Need to deal with better land exappropriation - small scale industries will be focused though. Need 5 years to be done

First of all is the road from Ban Phu Namron checkpoint to Dawei deep sea port with a distance of 135 km with a price tag of 3900 Million Baht - finance 70% by soft loan and aids from NEDA of Thailand ... next is the investment by Singapore, Mainland China, and EU to fill the final phases.

Japan wants this Dawei Deep Sea Port to be done to justify the railway project from Phu Namron - Bangsue Central - Chachoengsao - Maptaphu with a branch line to Aranyaprathet to be extended to Dawei Deep Sea Port and industrial estate

http://www.thanonline.com/index.php...5:2009-02-08-11-22-45&Itemid=417#.VM5LKNLkdkl
http://www.dailynews.co.th/Content/economic/297714/พร้อมเดินหน้านิคมฯ+ทวายกลางปีนี้
http://www.now26.tv/view/34168/ไทย-เมียนมาร์-ไฟเขียว-ITD-โรจนะเดินหน้าทวายเฟสแรก.html
http://www.prachachat.net/news_detail.php?newsid=1422528592
 

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SOME ASEAN FIRMS IN MYANMAR
- SCB Bank (Thailand)
- Bangkok Bank (Thailand)
- Redbull (Thailand)
- Aim Star Network (Thailand)
- Maybank (Malaysia)
- CIMB Bank (Malaysia)
- Petronas (Malaysia)
- DBS (Singapore)
 

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Bangkok Dusit Medical Services Plc (BDM)



We maintain our BUY call on BDMS with TP at Bt24/share. It is reporting improving operations with stronger revenue growth in Jul - Aug compared to 2Q15. When AEC opens, BDMS has solid growth opportunities with its hospitals in strategic locations such as Chiang Mai, Udon Thani and Cambodia. It is also looking at investment in Myanmar. BDMS is trading at 1.7x 2016PE-to-earnings growth, lower than the regional peer average of 1.8x.

Stronger revenue growth in Jul - Aug. In a conversation with the company, BDMS reports an increase in revenue at existing hospitals of ~7% YoY during Jul - Aug, with YoY growth higher than the 5% YoY seen in 1H15. The chief factor behind the improvement is better operations at hospitals in Bangkok (~60% of revenue) and hospitals in tourist destinations in the eastern region, at Pattaya, Rayong and Trad. It is good news that existing hospitals are seeing better operations as this will help dilute the losses at newly-opened hospitals. Including revenue from newly-opened hospitals (less than two years in operation), BDMS' total revenue grew ~12% YoY in July - Aug, in line with its revenue target.

50 hospitals in 2016-17. BDMS is operating 41 hospitals. It expects to consolidate the recent acquisition of Muangraj Hospital in Ratchaburi in 4Q15 - and this hospital is already in the black so will not be a drag on BDMS' overall operations. BDMS is also developing two greenfield projects: Paolo Rangsit Hospital in Bangkok in 2016 and Jomtien Hospital in Pattaya in 2017. BDMS maintains its long-term goal of 50 hospitals in its network in 2016-17, implying six hospitals still coming.
http://pantip.com/topic/34268756
 
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