Author: cmadmin

IFC assisting YSX listed-firms implement enhanced information disclosure

IFC assisting YSX listed-firms implement enhanced information disclosure

  • Myanmar Investment Commission invites expressions of interest in respect to the construction of dry-ports and bonded warehouses on the Yangon River
  • Singapore’s Bok Seng Group and Myanmar’s and Myanmar’s Ayeyar Hinthar Group sign MoU in respect to the development of a logistics hub in Pathein Industrial City
  • Myanmar Investments International Limited closes US$6.3 million equity fundraising
  • CEVA logistics establish Myanmar Office

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Hong Kong gold exchange and CGSE advising on the establishment of new gold exchange

Hong Kong gold exchange and CGSE advising on the establishment of new gold exchange

  • Osaka Chamber of Commerce and Industry and UMFCCI to assist SME’s establish in the Thilawa SEZ
  • Bintai Kinden enters into US$17.5 million engineering sub-contract agreement with Soilbuild (Myanmar) Co Limited
  • MAPCO Golden Lace completes development work of integrated rice project in the Ayeyawady region
  • Japan’s International Corporation Agency to fund lending to SME’s in Myanmar

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FibreLink Myanmar seeking to raise US million to fund first phase of telecom infrastructure development plan

FibreLink Myanmar seeking to raise US$25 million to fund first phase of telecom infrastructure development plan

  • FibreLink Myanmar seeking to raise US$25 million to fund first phase of telecom infrastructure development plan
  • MySQUAR integrates Telenor Myanmar’s billing services
  • Thailand’s National Healthcare Systems establishes Myanmar joint venture
  • James Fisher and Sons and Royal Marine Technology Co. enter into MoU in respect to the provision of oil and gas services
  • Myanma Timber Enterprise to respond to new sanctions against Myanmar’s teak industry

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PTT Exploration and Production Plc enters into exploration and production partnership agreement with Total

PTT Exploration and Production Plc enters into exploration and production partnership agreement with Total

  • Bangkok-listed PTT Exploration and Production Plc enters into exploration and production partnership agreement with Total
  • Ministry of Electricity and Energy to invite expressions of interest in respect to the development of Myanmar’s first liquefied natural gas terminal
  • The Myanmar Investment Commission announces details of new tax incentives to attract investment in underdeveloped areas
  • KBZ Bank expresses interest in the sale of shares to foreign investors
  • Myanmar clothing exports increase by almost US$1 billion in under a year

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New Myanmar Companies Law sent to parliament for final approval

New Myanmar Companies Law sent to parliament for final approval

On 5 January 2017, the new Myanmar Companies Law (MCL) was approved by the Myanmar Government. The MCL was drafted by the Department of Investment and Company Administration (DICA) of the Ministry of National Planning and Economic Development with the assistance of the Asian Development Bank. The draft legislation has now been forwarded to Myanmar’s parliament (the Pyithu Hluttaw) for final approval. The Government has stated its intention to pass the draft legislation into law by the end of March 2017

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