Political, economic and administrative reforms in Myanmar since 2011 have made it possible for Myanmar to play a more active role in regional and international affairs in accordance with its foreign policy objectives stipulated in the 2009 Constitution

Amid expectation of smooth political transition, several countries have upped their investment in Myanmar to higher stakes.

Thailand’s total investment in Myanmar has nearly reached US$10 billion, making the Kingdom the second largest source of foreign direct investment FDI into the country after China, whose investment swelled past US$14 billion

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On the main road in Yangon, billboards flaunt the names of big Thai companies already making their presence felt in the country -PTT, Charoen Pokphand Group, Siam Cement Group, Siam City Cement Insee, Bangchak Petroleum, Boon Rawd Brewery, Bangkok Dusit Medical. Signs of Siam Commercial Bank, the main sponsor of the 2014 Asean Summit, are frequently spotted, though the bank was not among nine foreign banks awarded limited licenses. They are side by side with billboards of other foreign companies like Ooredoo, Telenor, Coca-Cola, Pepsi and Samsung.  Foreign companies have either opened offices in new high-rises or old houses

 

Source: www.thailand-business-news.com