Public relations firm Bell Pottinger entered Myanmar last year as part of its expansion in Southeast Asia. The London-based firm is one of the largest consultancies in its field, and has a number of international clients in Myanmar. It also employs former British ambassador to Myanmar Mark Canning as a senior adviser.
While Cambodia’s economic development is often compared to that of neighbouring Vietnam and Thailand’s, industry insiders say the Cambodia needs to keep a close eye on the steady progress being made in Myanmar, which is predicted to eat into Cambodia’s exports in the long term.
The winners of the 2013 offshore round are preparing for large energy exploration programs this year, as the process of signing production sharing contracts is now finished.
Export volumes have fallen this year compared to the same period last year, but the government will still hit its target in kyat terms due to weakness in the local currency.
Local company Arr Thit Man plans to double the quantity of cement it sells locally by next year, according to senior officials.
The government must work with the private sector, international non-govenrment organisations (INGOs), local philanthropic groups and local people to rebuild the country in the wake of torrential rain, floods and landslides.