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Foreign companies eye investment in YBS
BUSINESS Date: Apr 19, 2018   View: 51
FOREIGN companies have expressed interest to invest in the Yangon Bus Service (YBS), according to a report in Myawady Daily yesterday. “Recently, Malaysia- and China-based foreign companies ...
First global vision for digital industry unveiled
BUSINESS Date: Apr 19, 2018   View: 50
Huawei Technologies Co, a Chinese ICT giant, on Tuesday released its first-ever Global Industry Vision 2025 report during its global analysis summit 2018. William Xu, director of the Board and chie...
Average inflation rate hits 4.03 pc in March
BUSINESS Date: Apr 19, 2018   View: 53
The average inflation rate in March was 4.03 per cent, with the highest rates reported in Rakhine and Mandalay and the lowest in the Union Territory, according to the figures released by the Central S...
Myanmar creating new destinations to attract tourists
BUSINESS Date: Apr 19, 2018   View: 54
Myanmar's Hotels and Tourism Ministry is striving to promote tourism by developing new modes of tourism and creating new tourist destinations. The ministry has permitted about 1,628 hotels and gues...
Foreign companies to enter Myanmar insurance sector
BUSINESS Date: Apr 19, 2018   View: 75
FOREIGN insurance companies will be allowed to operate in Myanmar for the development of the Myanmar insurance sector, according to a report in Myawady Daily yesterday. The Myanmar insurance se...
Singapore becomes top investor in Myanmar last FY
BUSINESS Date: Apr 19, 2018   View: 69
SINGAPORE brought in foreign direct investment (FDI) worth US$2.16 billion with 42 projects last fiscal year (FY), according to official figures released by the Directorate of Investment and Com...
Huawei celebrates its journey of success at 15th Analyst Summit
BUSINESS Date: Apr 18, 2018   View: 55
In the 15th annual Global Analyst Summit held in Shenzhen, China on April 17, Huawei shared its vision and plans for the dynamic and digital “intelligent world” as one of its leading pioneers. ...
Yara bullish on Myanmar’s agricultural growth
BUSINESS Date: Apr 18, 2018   View: 53
YARA International, a leading fertiliser company with operations in more than 60 markets, is confident of doing well in Myanmar’s agriculture sector because of the country’s current low productivi...
ADB urges Myanmar to further liberalise business regulations
BUSINESS Date: Apr 18, 2018   View: 57
Though Myanmar has liberalised some policies in recent years to attract more foreign direct investment, its FDI regulations are more restrictive than in most peer economies in Southeast Asia, accordin...
YSH partners with IFC, Norfund to develop $28m power project
BUSINESS Date: Apr 18, 2018   View: 96
YOMA STRATEGIC Holdings Ltd (YSH) has joined with International Finance Corporation (IFC) and Norfund to invest US$28 million in Yoma Micro Power Pte Ltd, which will implement solar power plants and m...
Local and foreign investments create over 110,000 jobs in 2017-18 FY
BUSINESS Date: Apr 12, 2018   View: 118
Local and foreign investments allowed by Myanmar Investment Commission (MIC) in 2017-18 FY will create over 110,000 job opportunities, according to Directorate of Investment and Companies Administrati...
Former Deputy Minister for Finance and Planning Points Out SME Loan Constraints
BUSINESS Date: Apr 12, 2018   View: 126
A worker makes a lacquerware at a workshop in Bagan, Mandalay Dr. Maung Maung Thein, former minister for Finance and Planning, pointed out five constraints that make banks hesitant to grant loans t...
Myanmar Accepts $66 Billion Investment in Mekong Region
BUSINESS Date: Apr 12, 2018   View: 127
Vice President U Henry Van Thio, who was in Hanoi, Viet Nam, attended the meeting between leaders of Greater Mekong Sub-region (GMS) countries and the Asia Development Bank (ADB), as well as the openi...
As Myanmar Economy Rebounds, Risk of Sanctions Gives Some Investors Pause -IMF
BUSINESS Date: Apr 12, 2018   View: 170
Daw Aung San Suu Kyi, chairperson of Myanmar's National League for Democracy, receives a Global Citizen Award from IMF Managing Director Christine Lagarde (R) during the third annual Global Citizen Aw...
Myanmar to Showcase Foodstuff in China’s Nutrient, Health Industry Expo
BUSINESS Date: Apr 12, 2018   View: 141
2018 The 23rd China (Beijing) International Nutrition & Health Industry Expo – an influential medical industry brand event. The top companies will present organic and natural nutritional supplements...
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