SINGAPORE PRESS-Temasek unit eyes Myanmar opportunities-Straits Times
SINGAPORE Oct 4 (Reuters) - A unit of Singapore state investor Temasek Holdings Pte Ltd is eyeing investment opportunities in Myanmar following its foray into Cambodia last week.
"We are looking at Myanmar, we're learning how to operate there," Fullerton Financial Holdings' chief executive Gan Chee Yee told the Straits Times.
It is a "market which obviously has potential," he said.
Fullerton, which has financial institutions in emerging markets, had total assets of S$40.9 billion ($32.74 billion)as of Dec 31, 2012. ($1 = 1.2493 Singapore dollars) (Reporting by Saeed Azhar; Editing by Sunil Nair)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.