New trademark registration system expected in Myanmar
Myanmar’s new Trademark Law, enacted last year, establishes the framework for a comprehensive trademark registration and protection system, which will enter into force soon. Ref: https://www.mmtimes.com/news/new-trademark-registration-system-expected-myanmar.html
GIC said to become Yoma Bank’s second foreign shareholder
Singapore’s sovereign wealth fund, GIC Pvt Ltd (GIC), and Norway’s private equity firm, Norfund, have bought a substantial stake in Yoma Bank, led by tycoon Serge Pun. Ref: https://www.mmtimes.com/news/gic-said-become-yoma-banks-second-foreign-shareholder.html
Good prospects in Myanmar for long-term investors: Oxford Business Group report
Myanmar’s growth and forecasts make an exciting prospect for companies seeking long-term opportunities, Oxford Business Group’s The Report: Myanmar 2020, says. Ref: https://www.mmtimes.com/news/good-prospects-myanmar-long-term-investors-oxford-business-group-report.html
Work on large LNG project in Ayeyarwady set to start in July
Work on a large liquefied natural gas (LNG) power plant in Mee Lin Gyaing, Ayeyarwady Region is expected to begin this year, officials of one of the companies involved with the ...
Myanmar aviation sector expected to become profitable, but more pain ahead first
Myanmar’s aviation industry is betting on a more profitable future with the number of airlines now reduced to half compared to 2017 and demand for domestic air travel expected to catch ...
Myanmar government to restart state-owned fertilizer plant
The Ministry of Electricity and Energy (MOEE) is planning to restart operations at a state-owned chemical fertilizer plant in Magway Region, a senior government official revealed. Ref: https://www.mmtimes.com/news/myanmar-government-restart-state-owned-fertiliser-plant.html
AIA Myanmar set to meet life insurance needs in Myanmar
AIA Myanmar aims to provide high quality life insurance to meet the needs of policyholders in Myanmar, a senior official of the company said over the weekend. Ref: https://www.mmtimes.com/news/aia-myanmar-set-meet-life-insurance-needs-myanmar.html
Myanmar, China sign agreements on Kyaukphyu, no mention of Myitsone Dam project, peace talks
Myanmar and China inked 33 agreements spanning infrastructure, power and trade during a bilateral meeting between State Counsellor Daw Aung San Suu Kyi and Chinese President Xi Jinping in Nay Pyi ...
Master plan for MSMEs to be released in February
The government plans to release its master plan Micro, Small and Medium Enterprise (MSME) in February 2020, said U Min Ye Paing Hein, deputy minister for the Ministry of Planning, Finance ...
European firms have positive outlook on Myanmar
European companies in Myanmar have a positive outlook regarding their business in terms of services provided, market share, profits and overall business activities in the country, the EuroCham Myanmar Business Confidence ...