Author: cmadmin

International Finance Corporation to invest US$3 million in ‘Oway Ride’

  • Pact Global Microfinance Fund to utilise Southtech’s software in microfinance operations
  • KBZ Gateway to provide new platform for high-speed satellite communication services in Myanmar
  • European Commission to negotiate aviation agreement with ASEAN
  • Myanmar Citizens’ Bank to list on Yangon Stock Exchange
  • Myanmar Central Bank to continue to encourage the use of Kyat in local transactions

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Myanmar Thilawa SEZ Holdings becomes second company to list on Yangon Stock Exchange

  • CNN and SkyNet to launch 24 hour Myanmar-language news channel
  • Kanbawza Bank opens Thai representative office
  • United GP Development to partner with Soilbuild on Kabaraye Pagoda Road condominium project
  • Central Bank’s Foreign Exchange Management Department to introduce electronic bidding before the end of 2016
  • Dulwich College to open two new international schools in Yangon

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Viettel to invest US$1.5 billion in Myanmar

  • Chevron Corp seeking buyers for Myanmar gas assets worth US$1.3 billion
  • Telenor launches a US$50,000 study programme to support and develop start-ups in Myanmar
  • YCDC introduces new rules in respect of mandatory parking for new markets and shopping centres
  • International Finance Corporation provides loan for Myanmar industrial port development
  • Myanmar among fastest-growing nations according to IMF report

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Myanmar Investment Commission issues additional restrictions on foreign investment in Myanmar

  • Ajinomoto Co. to re-enter Myanmar after 16 year absence
  • Andaman Capital Partners advising the Sagaing Government on the development of 80 MW solar-power project
  • Sembcorp Utilities and Ministry of Electric Power enter into power purchasing agreement
  • Myanmar Railways to proceed with redevelopment of Yangon Central Railway Station
  • Texchem Resources establish new marine food join venture with Myanmar partners
  • Mitsui & Co and Behn Meyer Group establish fertilizer joint-venture

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