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More SMEs tap Myanmar's potential

Home-grown firms cite a pro-business environment and economic benefits of being part of Asean as pull factors.

Teo Ching Wei, MD of Teck Huat & Company, with his wife Sabrina Wang, who is also the financial director of Teck Huat, Myanmar. The firm has operated in Myanmar for over two years, penetrating Yangon, Mandalay and Nay Pyi Taw through local distributors.

SINGAPORE's small- and medium-sized enterprises (SMEs) are increasingly seeing the potential of the Myanmar market, with more local companies venturing out into the country. Singapore was the second largest investor in Myanmar as of 2016, with a cumulative investment of US$15.6 billion (S$21.2...

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