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Six months after President Barack Obama visited Myanmar, that country's president, Thein Sein, will visit the White House.Sein's visit to Washington, D.C. marks the first such visit by a leader from the Southeast Asian nation in nearly five decades and it is one that again puts the spotlight on Myanmar's burgeoning but controversial investment thesis.As is often the case with many countries sporting the emerging or frontier labels, Myanmar possesses ample economic potential. For investors, there is also plenty of risk. After serving as a stage for allied and opposing forces' operations during World War II, Myanmar's infrastructure was ravaged. Military rule dominated the country during the 1990s despite supposedly free elections.Today, the country lacks a sophisticated legal structure, an advanced banking system and robust foreign exchange operations. Those factors make for a series of red flags for even the most adventurous investors. An unfortunate reality is that Myanmar, a country ...
Thailand's PTT Exploration & Production PCL (PTTEP.TH) said Monday that it has set its five-year capital expenditure and operating expenditure budgets for 2013-2017 ...
Kasikornbank PCL (KBANK.TH) said Friday its 2012 net profit rose 45.5% on higher net interest, fee and service incomes, and lower income tax expenses.The fourth-larg...
Bangkok Bank PCL (BBL.TH), Thailand's largest lender by asset, said Thursday that 2012 net profit rose 20.8% on the back of higher net interest, a rise in fee and se...
An affiliate of Singapore state investment company Temasek Holdings has sold part of its stake in Thai telecommunications holding company Shin Corp. (INTUCH.TH) for ...
An affiliate of Singapore state investment company Temasek Holdings has sold part of its stake in Thai telecommunications holding company Shin Corp. (INTUCH.TH) for ...
PTT Exploration & Production PCL (PTTEP.TH) is set to raise THB92.3 billion ($3 billion) in Asia's largest right issue this year, a person with knowledge of the situ...
Thailand's PTT Exploration & Production PCL (PTTEP.TH) plans to raise up to 94.25 billion Thai baht ($3.07 billion) in Asia's largest rights issue of the year as it ...
Thailand's Bank of Ayudhya PCL (BAY.TH) has appointed Janice Rae Van Ekeren as Chief Executive Officer and Philip Tan Chen Chong as President after Mark John Arnold ...
Bank of Ayudhya (BAY.TH) President, Chief Executive and Director Mark John Arnold will resign all positions effective Jan. 1, the bank said Tuesday in a filing to th...
PTT PCL (PTT.TH), Thailand's largest oil and gas conglomerate by revenue, said higher profit contributions from its affiliates, foreign exchange gains, and lower tax...
Thai Oil PCL's (TOP.TH) third-quarter net profit almost quadrupled from a year earlier owing to lower expenses and taxes.During the July-to-September period Thai Oil...
Ananda Development has started gauging interest for an up to US$250 million initial public offering, according to a term sheet, in what could be the second-largest l...
Thai agribusiness giant Charoen Pokphand Foods PCL (CPF.TH) said Tuesday its 2012 net profit rose 16.6% as higher revenue and lower tax expenses gave a boost to its ...
PTT PCL (PTT.TH), Thailand's largest oil and gas conglomerate by revenue, said Friday its 2012 net profit fell 1.5% from a year earlier, mainly due to higher cost of...
Refiner Thai Oil's (TOP.TH) 2012 net profit fell 17% because of higher expenses, the company said Thursday.Net profit was 12.32 billion baht ($413.2 million)--down f...
Total Access Communication PCL (DTAC.TH) Friday reported a 4.5% fall in 2012 net profit mainly a result of higher costs of sales and service.Thailand's second-larges...
Advanced Info Service PCL (ADVANC.TH), Thailand's largest mobile phone service provider by subscribers, is planning a three-year capital expenditure of 70 billion ba...
Advanced Info Service PCL (ADVANC.TH) Thursday reported a 57% rise in 2012 net profit, mainly due to higher revenue and lower income tax.Thailand's top mobile phone ...
PTT Exploration & Production PCL (PTTEP.TH) has posted a 28% growth in 2012 net profit, buoyed by a rise in revenue and higher gains from associate companies.Net pro...
