MOPFI Shortlist Five Companies for Public-Private Steel Plant Joint Venture
MOPFI shortlist five companies for...
COVID-19: Myanmar Relief Measures
Myanmar has taken action against the impacts of COVID-19 on the Myanmar economy by announcing measures such as the COVID-19 Fund providing loans to hard-hit industries and extension of tax payment periods.
COVID-19 and Force Majeure in Myanmar: What You Should Know
Download PDF | Download word version On 28 March...
MYANMAR SEA TRADE AT US$21.6 BILLION
Myanmar Highlights October 2019 Download PDF |...
MYANMAR’S RICE EXPORTS TO CHINA SURGE THIS SUMMER
According to the Ministry of Commerce, in July 2019, Myanmar exported over 29,000 tons of rice to China through Myanmar-China border trade camps, an increase of over 3,000 tons from June 2019.
YOMA BANK SMART CREDIT SOLUTION FOR THE MASS MARKET
Myanmar Highlights September 2019 Download PDF |...
Foreign casino operators seek opportunities following 2018 gambling law
Foreign casino operators from Hong Kong, Taiwan and Macau have been actively pursuing opportunities in Myanmar. The 2018 Gambling Law, which was passed in May 2019, legalises casino gambling in Myanmar
Increase In Foreign Direct Investment Into Myanmar
Government-approved foreign direct investment (“FDI”) into Myanmar increased by 77% to US$2.3 in the first-half of 2019 compared to US$1.3 billion in the same period in 2018. Singapore was largest investor
Metro Wholesale Myanmar secures US$20m loan from the International Finance Corporation
Wholesale Myanmar Limited (“Metro Wholesale Myanmar”) a Myanmar joint-venture company owned by Frankfurt-listed Metro AG (85%) and Singapore-listed Yoma Strategic Holdings Limited (15%)…
Yoma Strategic Holdings raises US$70 million in debut bond sale
Myanmar Highlights January 2019 Download PDF |...
Myanmar’s Ministry of Planning and Finance to allow foreign insurance providers operate in Myanmar
Myanmar Highlights January 2019 Download PDF |...
Apex Bank Limited to provide uncollateralized loans to SMEs
Myanmar’s Apex Bank Limited (“MAB”) has announced it will provide uncollateralized loans to Myanmar’s small and medium sized businesses (“SMEs”). The lending programme is being implemented in cooperation with German state-owned development bank KfW (formerly KfW Bankengruppe). Loan amounts will be based solely on companies’ income and expenditure and have an interest rate of 8.5%.