June 5, 2013
A Buddhist nun walks past a Coca-Cola Co. banner at a market in Yangon.
Reposted from Bloomberg
By Duane D. Stanford and Haslinda Amin
Coca-Cola Co (KO). Chief Executive Officer Muhtar Kent marked his company’s return to Myanmar after 60 years by opening a bottling plant there yesterday.
The world’s largest soda maker will need to focus on distribution to win over the nation’s consumers, Kent said in an interview with Haslinda Amin on Bloomberg Television. The company will invest $200 million in the next five years and a second plant will open in a month’s time, he said.
“As important as price, it is availability, it is serving the product in the right conditions, making it available, making it at an arms reach of desire,” Kent said. “We have plans to ensure that we have the best, most modern 21st century consumer distribution system in the country.” More…
April 25, 2013
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…
January 11, 2013
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…
November 14, 2012
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…
November 5, 2012
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…
April 19, 2012
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…