Thai bank opens office in Myanmar
As Myanmar has recently opened up for foreign trade and investments,
many Thai companies are eying to invest in the neighboring country, one
among which is state-owned Krung Thai Bank, which has opened a
representative office in Rangon to offer financial services to Burmese
and Thai investors.
As Myanmar has recently opened up for foreign trade and investments,
many Thai companies are eying to invest in the neighboring country, one
among which is state-owned Krung Thai Bank, which has opened a
representative office in Rangon to offer financial services to Burmese
and Thai investors.
Myanmar has been encouraging more foreign trade and investments, especially in its infrastructure development for the economic connections among nations in ASEAN and the Indo-China Peninsula.
According to KTB president Vorapak Tanyawong, the focus is on Thai-Myanmar border trade, which accounts for 150 billion THB a year or 90 percent of all trades between the two sides.
Krung Thai now has 9 offices abroad and 17 branches on the Thai borders, which cater to people from Myanmar, Laos, Cambodia, and Malaysia. It also aims to open another branch in Ho Chi Minh City to boost trade and investments in the region.-VNA
Myanmar has been encouraging more foreign trade and investments, especially in its infrastructure development for the economic connections among nations in ASEAN and the Indo-China Peninsula.
According to KTB president Vorapak Tanyawong, the focus is on Thai-Myanmar border trade, which accounts for 150 billion THB a year or 90 percent of all trades between the two sides.
Krung Thai now has 9 offices abroad and 17 branches on the Thai borders, which cater to people from Myanmar, Laos, Cambodia, and Malaysia. It also aims to open another branch in Ho Chi Minh City to boost trade and investments in the region.-VNA
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