Bangkok Bank brings investors from around Asia to Myanmar for trade and investment meetings with local people

ข่าวหุ้น-การเงิน Thursday July 17, 2014 15:09 —PRESS RELEASE LOCAL

Bangkok--17 Jul--Bangkok Bank Bangkok Bank will extend its “A Trusted Partner and Reliable Close Friend for the AEC” series with a seminar for investors who would like to do business in a growing region that reinforces the strength of its 27 international branches and representative office. It will bring together more than 100 potential investors and customers of the Bank from all over Asia, interested in Myanmar’s high-potential emerging market. “Bangkok Bank Brings Asia to Myanmar” will be held between17-19 July, 2014 in Yangon and will provide an opportunity for local business people to network with investors and customers of Bangkok Bank Bangkok Bank President Chartsiri Sophonpanich revealed that the bank is building on the success of the “Trusted Partner and Reliable Close Friend for the AEC” series, which recently featured the “Myanmar: Don’t Miss the Boat” seminar held in Thailand. More than 100 prospective investors interested in doing business in Myanmar will join the ‘Bangkok Bank Brings Asia to Myanmar’ event, from 17-19 July, 2014 in Yangon, Myanmar. It will draw on Bangkok Bank’s extensive customer base and strong network of 27 international branches plus its Myanmar representative office. Customers from Japan, China, Hong Kong, Singapore, Taiwan, Indonesia, Malaysia, Vietnam, the Philippines and Thailand will attend. The event will provide an opportunity to meet with local business people and build business connections in various industries, especially food and beverages, agriculture, construction, tourism and hotels, auto parts, plastics and chemicals, and design and décor. “In recognition of the untapped potential of Myanmar, where the Bank opened a representative office almost 20 years ago, we are organizing many activities to support the country’s economic development and help our customers get to know the country’s potential and connect their businesses there. We were one of the lead sponsors of the Myanmar Global Investment Forum, which was held in the capital, Nay Pyi Taw; we took our SME customers to Myanmar to explore business opportunities; and we have held various seminars about Myanmar for customers, businesspeople and the general public in Bangkok”. Mr. Chartsiti added that activities during the “Bangkok Bank Brings Asia to Myanmar” event will include business networking, as the Bank will arrange meetings between potential partners from around the region and local business people, a visit to the Thilawa Special Economic Zone and local markets, and a seminar, which will feature knowledgeable and experienced speakers from both Thailand and Myanmar. “Knowing that we have had a representative office in Myanmar for close to 20 years, customers of our overseas branches, especially from Japan and Singapore, have been asking about Myanmar’s development and prospects. Some of them are keen to travel to Myanmar to witness the development by themselves. This trip to Myanmar that we have organized is intended to help support our existing customers overseas so that they can learn first-hand from knowledgeable speakers about business prospects in Myanmar. Apart from the seminar, the program also includes short excursions to interesting places to allow participants to witness the local way of living and glimpse some cultural highlights. As for our Thai customers, this trip is not the first we have organized for them, but the level of interest from the Thai business community continues to be strong.” “Our long-established presence in Myanmar means our people on the ground have been working for us for a long time, know their markets well, and are ideally placed to support customers and investors particularly in the growing economies of Southeast Asia. Our focus is to provide services that meet the needs of our customers, namely Thai customers growing their international presence; multinational businesses with whom we have had a long and productive relationship, such as our Chinese customers in Hong Kong, Taiwan, Singapore, Indonesia and Malaysia; and local customers in countries where we have a base.”

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