Singapore Myanmar Investco seeking greener pastures following political unrest

Company chief says it is actively hunting opportunities in broader region, along with reducing costs; its business remains wounded by pandemic

Anita Gabriel

Published Mon, Mar 22, 2021 · 05:50 AM

Myanmar

Singapore

SINGAPORE Myanmar Investco (SMI), one of the largest Myanmar firms listed abroad, is actively on the hunt for opportunities elsewhere after being shaken by escalating risks in Myanmar, even as its business remains wounded by the pandemic.

Its executive director, president and chief executive Mark Bedingham told The Business Times: "We have reduced costs significantly and we are also looking at opportunities outside of Myanmar.