Malaysian chemical company to tap Myanmar

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Asean Affairs 30 April 2015

Malaysian chemical company to tap Myanmar

Malaysian chemical products distributor Samchem Holdings Bhd is looking to expand into Myanmar and Laos within the next three to five years to complete its presence within the Indo-China region, reports the Sun Daily on April 27, 2015.

Its CEO Mr Ng Lian Poh said there is a huge growth potential within the Indo China region, in particular Vietnam.

"It's enough for us in the next few years…we localize the business there, it's not a one or two years thing, you need three to five years to realise it and for a proper establishment," he told the newspaper.

Mr Ng expects revenue contribution from both local and overseas markets to reach a ratio of 50:50 in 2015.

Samchem distributes a wide range of chemicals, such as polyurethane chemicals, intermediate chemicals, specialty chemicals and blends of customised solvents. It has distribution rights for 450 to 500 products.

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ASEAN ANALYSIS

This year in Thailand-what next?

AseanAffairs 04 January 2011
By David Swartzentruber

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

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