Thursday, May 31, 2012

General Electric: See Long-Term Business Opportunities In Myanmar - NASDAQ

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Most Active by Volume: 5/30/2012, 04:03 PMCompanyLast SaleChange Net / % BAC$ 7.20 0.23  3.10% FB$ 28.19 0.65  2.25% QQQ$ 62.33 0.53  0.84% F$ 10.66 0.18  1.66% MSFT$ 29.34 0.22  0.74% GE$ 19.04 0.31  1.60% RIMM$ 10.351 0.88  7.83% CSCO$ 16.39 0.20  1.21% View more in Most Active

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Dow Jones @media screen and (max-device-width: 480px){body{ font-size:30pt !important;}} General Electric: See Long-Term Business Opportunities In Myanmar

BANGKOK -(Dow Jones)- General Electric Co. (GE) hopes to get a license to operate in Myanmar by the end of this yearas it sees long-term business opportunities in the Southeast Asian nation, Chief Executive of GE ASEAN Stuart Dean saidThursday.

The company is looking to provide power generator equipment to the country and is currently in talks with the Myanmargovernment to supply portable gas turbines, Dean told reporters on the sidelines of the World Economic Forum for EastAsia in Bangkok.

Dean said he hopes talks with the government will conclude by the fourth quarter.

-By Payungsak Wiriyabunditkul, Dow Jones Newswires; 662-690-4200; payungsak.wiriyabunditkul@dowjones.com

(END) Dow Jones Newswires 05-31-120522ET Copyright (c) 2012 Dow Jones & Company, Inc.


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