Author: cmadmin

Nine foreign-owned banks receive provisional CBM approval to operate in Myanmar

  • Nine foreign-owned banks receive provisional CBM approval to operate in Myanmar
  • Myanmar Oil and Gas Enterprise announces price of CNG likely to double in 2015
  • Vietnam’s Posts and Telecommunications Group opens Myanmar representative office
  • 2012 Foreign Investment Law and 2013 Investment Rules to be amalgamated in new legislation
  • International Finance Corporation to lend Yoma Bank Ltd US$5 million to support Myanmar SMEs
  • Twelve companies short-listed to participate in the first phase of Kyaukpyu SEZ
  • Oilfield Workforce Group Ltd to train workers in Myanmar’s oil and gas industry
  • India-Myanmar container shipping service launched
  • GS Group to launch satellite-broadcasting service in Myanmar

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Nestle announces plan to invest US50 million US in Myanmar over the next six years

  • Nestlé announces plan to invest US$50 million in Myanmar over the next six years
  • Young Investment Group and Pacific Hunt Energy being granted drilling permits
  • Ho Hup Construction announces details of Yangon residential project
  • Taiwan’s Electrical and Electronic Manufacturers’ Association to develop industrial park in southern Ayeyarwady region
  • Parami Energy, Petroleum Exploration Ltd and Siren Exploration and Production enter into Myanmar partnership
  • Virtue Land signs a coal plant MOU with the Ministry of Electric Power
  • Myanmar to benefit from Lippo Group’s ASEAN investment strategy
  • Brunei National Petroleum enters into offshore exploration agreement
  • Myanmar Petroleum Products Enterprise announces aviation-fuel tender shortlist

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Myanmar to develop central minerals market

  • Myanmar to develop central minerals market
  • UPS to expand airfreight services in Myanmar
  • Turkish Airlines and Myanmar Airways enter into cooperation agreement
  • Korea’s LS Industrial Systems and GE Myanmar execute supply agreement
  • ACO Investment Group to develop solar power plants in Myanmar
  • Myanmar Investment Commission expands list of businesses that can be 100% foreign-owned
  • Ministry of Electric Power to open up hydropower sector to western investment
  • ANZ seeking Myanmar banking licence
  • Russia-Myanmar trade to reach US$500 million a year
  • The Canadian Government considering preferential tariff system for Myanmar

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Intel to provide computers to Myanmar Government

  • Intel to provide computers to Myanmar Government
  • New Myanmar-Thailand barge service established
  • Yangon imposes water supply restrictions on new high rise developments
  • Review of Myanmar’s waterways to be undertaken with Dutch assistance
  • ONGC negotiates production agreements for Myanmar onshore blocks
  • Bashneft International and Sun Apex Holdings Ltd enter into agreement to develop onshore block EP-4
  • Hana Financial Group Inc. establishes micro-finance bank in Myanmar
  • Ayala Land Incorporation to commence work on residential development in 2015
  • Foreign telecom operators will be permitted to erect transmission towers on land leased from the Government
  • Ministry of Commerce proposes to lift restrictions on foreign trading companies
  • Thailand’s PTTP announces commencement of natural gas exports
  • Myanmar Customs announces modernisation measures
  • U.S. Treasury Department grants special Myanmar timbre licences to U.S. companies
  • Japan pledges additional funding for communications development

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