Ferdie Petalio – Charltons Myanmar

South Korea’s HUBS MK Co invest US$98 million as joint-venture development of Yangon logistics hub

Myanmar Government lifts restriction on gold exports
TMH Telecom becomes fifth company to list on Yangon Stock Exchange
Upper Namhtwam hydro-power station to be operational before the end of April 2018
Myanmar, Denmark launch new SME fund
Surbana Jurong to design offshore supply base in Myanmar for Singapore-Myanmar joint-venture firm
Work on stalled Dawei SEZ set to resume in second half of 2018

SHC Capital Asia to acquire MM Myanmar from First Myanmar Investment Limited
Indian Oil Corporation to export jet fuel to Myanmar, explore LPG marketing deal
Yoma Strategic Holdings awards building contracts worth over US$400m for new Yangon developments
Jotun Group opens first facility in Myanmar

Myanmar Investment Commission approves construction of new China-backed industrial zone
Myanmar’s Department of Civil Aviation cooperating with the International Civil Aviation Organization to ensure the sustainable development of the Myanmar aviation sector
New Myanmar Investment Commission approved projects create 18,923 job opportunities
TTCL Public Co. to construct US$2.5 billion coal-fired power plant in Karen State
Cambodia and Myanmar sign tourism MoU

The Hong Kong Trade Development Council discusses the ‘One Belt One Road’ initiative with Myanmar businesses and government officials
Technology and financial services provider Diebold Nixdorf establishes Yangon office
Singapore’s XMH Holdings enters into a joint-venture with Myanmar Marco Polo Co.
ADB guarantees United Amara Bank’s payment obligations to Italy’s Banca Popolare di Sondrio
The Central Bank of Myanmar to consider permitting foreign banks to provide trading accounts