Automobiles to roll off new assembly line in Mandalay

6 Aug 19
Myanmar has been importing car parts and assembling them for years, but now Chinese cars will be produced here for the first time, at Myotha industrial zone in Ngazun township, Mandalay ...

FDI jumps 77pc to US$2.3 billion in first half of 2019

6 Aug 19
Government-approved foreign direct investment (FDI) into the country stood at US$2.3 billion in the first-half of 2019, a 77 percent improvement from the same period last year when approved FDI came ...

Yakult bets on Myanmar market for further growth

6 Aug 19
Yakult, the Japan-headquartered probiotic drinks maker, has invested in a US$47 million factory in Myanmar’s Thilawa Special Economic Zone. Yakult, which has factories in 39 countries around the world, now wants ...

Govt calls for sustainable tourism investments in Tanintharyi

6 Aug 19
Amid a rise in the number of Chinese tourists and so called zero-dollar tours to Myanmar in the recent months, the government is now calling for sustainable and quality investments for ...

Foreigners welcome to set up retail-petroleum business

6 Aug 19
Foreign oil and gas companies with retail operations can apply to set up their businesses in Myanmar, a senior official with the Ministry of Electricity and Energy (MOEE) told The Myanmar ...

Growth potential seen in microfinance sector

6 Aug 19
With a quarter of the Myanmar population living under the poverty line and as much as 87 percent hailing from rural areas, according to the World Bank, the microfinance sector has ...

Coco Islands to have electricity by end-2020

6 Aug 19
The government plans to supply electricity to the Coco Islands, which is south of Yangon in the Bay of Bengal. Yangon Electricity Supply Corporation general manager U Tin Aung told The ...

Rent 2 Own to offer bike loans in partnership with Shwe Min Gan to boost rural mobility

6 Aug 19
Rent 2 Own Myanmar Co will partner with Shwe Min Gan Co to provide loans to customers, enabling them to buy their own motorcycles and farming machinery. Funds totaling US$5 million ...

MTSH planning a mall for Thilawa SEZ

12 Jul 19
Myanmar Thilawa SEZ Holdings (MTSH), a Yangon Stock Exchange listed real estate developer with a focus on developing Special Economic Zones (SEZ), is planning to build a mall in the Thilawa ...

Insurance, banking and electricity to see more investor interest

12 Jul 19
While the oil and gas industry has the seen the most interest from investors, banking and financial services, telecommunications and the manufacturing industries are expected to be the focus in the ...