Myanmar Highlights

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

Posted by on Mar 17, 2017 in Highlights | Comments Off on 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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The Hong Kong Trade Development Council discusses the ‘One Belt One Road’ initiative with Myanmar businesses and government officials

Posted by on Feb 28, 2017 in Highlights | Comments Off on The Hong Kong Trade Development Council discusses the ‘One Belt One Road’ initiative with Myanmar businesses and government officials

The Hong Kong Trade Development Council discusses the ‘One Belt One Road’ initiative with Myanmar businesses and government officials

  • 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

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Myanmar Economic Holdings to sell Mandalay Brewery to Kirin

Posted by on Feb 15, 2017 in Highlights | Comments Off on Myanmar Economic Holdings to sell Mandalay Brewery to Kirin

Myanmar Economic Holdings to sell Mandalay Brewery to Kirin

  • Myanmar Economic Holdings to sell Mandalay Brewery to Kirin
  • Asian Development Bank and Myanmar’s Ministry of Transport enter into advisory services agreement in respect to infrastructure development
  • The Central Bank of Myanmar issues warning in respect to unsecured lending by private banks
  • Japan to provide Myanmar with US$824 infrastructure loan
  • Securities and Exchange Commission of Myanmar testing online trading platform for use on Yangon Stock Exchange
  • Ministry of Commerce and Central Bank of Myanmar cooperating to crack down on unreported export earnings

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First Private Bank Ltd to list on Yangon Stock Exchange

Posted by on Jan 12, 2017 in Highlights | Comments Off on First Private Bank Ltd to list on Yangon Stock Exchange

First Private Bank Ltd to list on Yangon Stock Exchange

  • First Private Bank Ltd to list on Yangon Stock Exchange
  • BASF to produce cement and construction materials at new facility in Myanmar
  • Myanmar Agribusiness Public Corporation announces details of new industrial zone
  • Ministry of Natural Resources and Environmental Conservation issues new large-scale mining permits
  • APR Energy extends contract on 102MW Kyaukse power plant project
  • All Nippon Airways to partner with Myanmar’s Shwe Thanlwin Co. Ltd
  • Central Bank of Myanmar issues directive on undeclared foreign bank accounts

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Myanmar Investment Commission grants new approvals to companies to establish in Thilawa SEZ

Posted by on Dec 12, 2016 in Highlights | Comments Off on Myanmar Investment Commission grants new approvals to companies to establish in Thilawa SEZ

Myanmar Investment Commission grants new approvals to companies to establish in Thilawa SEZ

  • Ministry of Electricity and Energy issues licences to small-scale oil and gas producers and refineries
  • Myanmar Government to privatise Myanmar Agricultural Development Bank as part of banking-sector reform
  • Myanmar clothing producers see increase in orders following reinstatement of GSP
  • Yangon Region Transport Authority issues tender in relation to new Yangon water-taxi system
  • ASX-listed Top End Minerals acquires option to buy majority interest in Long Keng Zinc Mine and Lashio Zinc Refinery

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Japanese Engineering Corporation and YCDC to develop 700-kilowatt waste-to-energy power plant in Yangon

Posted by on Nov 7, 2016 in Highlights | Comments Off on Japanese Engineering Corporation and YCDC to develop 700-kilowatt waste-to-energy power plant in Yangon

Japanese Engineering Corporation and YCDC to develop 700-kilowatt waste-to-energy power plant in Yangon

  • Japan pledges U.S$7.7 billion in funding for Myanmar’s development
  • Singapore Myanmar Investco sells telecom tower business in Myanmar for U$12.7m
  • Myanmar Investments International Limited secures US$1 million Maybank loan
  • Japanese Engineering Corporation and YCDC to develop 700-kilowatt waste-to-energy power plant in Yangon
  • Myanmar Government sets to allow 100% foreign ownership of car showrooms
  • Bangkok-listed Group Lease and Myanmar’s Century Finance to establish joint-venture finance company

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International Finance Corporation to provide US$13.5 million loan to United International Group Ltd

Posted by on Oct 20, 2016 in Highlights | Comments Off on International Finance Corporation to provide US$13.5 million loan to United International Group Ltd

International Finance Corporation to provide US$13.5 million loan to United International Group Ltd

  • International Finance Corporation to provide US$13.5 million loan to United International Group Ltd
  • USAID guarantees US$10 million in microfinance loans to the agricultural sector
  • KBZ Group to list IKBZ Insurance on Yangon Stock Exchange
  • PTTEP enters into engineering, procurement, construction and installation agreements with PT Gunanusa Utama Fabricators
  • Singapore’s Group Lease to partner with Myanmar’s AMK to provide financial services
  • Myanma Oil and Gas Enterprise to engage Roland Berger to draft offshore supply base tender

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Yoma Strategic Holdings to restructure and consolidate its tourism assets

Posted by on Sep 20, 2016 in Highlights | Comments Off on Yoma Strategic Holdings to restructure and consolidate its tourism assets

Yoma Strategic Holdings to restructure and consolidate its tourism assets

  • Yoma Strategic Holdings to restructure and consolidate its tourism assets
  • Thailand’s Group Lease acquires majority share in Myanmar’s BG Microfinance
  • Myanmar Investments International raises over US$4.2 million to fund Myanmar Investments
  • Shwe Taung Group and Keppel Land to cooperate on Junction City development
  • Myanmar Agricultural Development Bank to come under Finance Ministry control
  • Ooredoo Myanmar and Nokia launch first 4G service in Myanmar
  • Myanmar Investment Commission issues permits to five new apparel manufacturers

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Golden Rock Capital raises US$20 million of its US$100 million target for Myanmar-focused fund

Posted by on Aug 19, 2016 in Highlights | Comments Off on Golden Rock Capital raises US$20 million of its US$100 million target for Myanmar-focused fund

Golden Rock Capital raises US$20 million of its US$100 million target for Myanmar-focused fund

  • Myanmar Citizens Bank to become third company to list on the Yangon Stock Exchange
  • World Bank to provide US$100m in funding for financial sector development in Myanmar
  • Government to offer tax exemptions to export businesses in an effort to reduce Myanmar’s current-account deficit
  • AEON Group and Creation Myanmar form new joint-venture retail-company

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Siamgas to acquire 30% share in Mon State gas-fired power plant

Posted by on Aug 4, 2016 in Highlights | Comments Off on Siamgas to acquire 30% share in Mon State gas-fired power plant

Siamgas to acquire 30% share in Mon State gas-fired power plant

  • Myanmar Electric Power Enterprise names Ethos Energy as winner of Ywama power plant tender
  • Vietnam’s FPT Corporation to invest in Myanmar financial switching system
  • Myanmar’s Department of Civil Aviation signs MoU with Aireon LLC
  • Myanmar Investment Commission issues warning in respect of reporting requirements in Myanmar

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