French chamber and UMFCCI to support Myanmar – EU trade
CCI France Myanmar said that the agreement comes at a time when the implementation of the new Investment Law would facilitate the access to the Myanmar market for foreign firms. “French ...
Microfinance Institution MFIL Secures $1m Loan From Malaysia’s Maybank
Myanmar Finance International (MFIL), the mircrofinance joint venture of investment company Myanmar Investments International (MIL), has secured a $1 million loan off Malaysian lender Maybank. The funds will see MFIL try ...
Government to Get Tough on Land Price Manipulation in Industrial Zones
Authorities will ramp up the inspection and supervising of businesses in the country’s industrial zones as part of measures to eliminate price manipulation, official media reported last Monday. According to the ...
Oxley, Mottama to develop $250m high – end property
Despite growing skepticism over the capabilities and credential of real estate developers in Myanmar, Singapore’s Oxley Holdings Ltd has joined hands with its local partner, Mottama Development Group Co, to develop ...
K64.5b agri loans in Mandalay
This year, K64.5 billion monsoon agricultural loans will be extended in Mandalay and loan amounts for other crops will also be increased, according to state-owned Myanma Agricultural Development Bank (MADB) of ...
Central Bank to replace deputy governors in late July
Central Bank deputy governors will be selected in late July as the four-year term of the incumbents expire that month, director general of the Governor’s Office Daw Myint Kyi told The ...
Taiwanese Companies Eye Solar, Auto in Myanmar as Part of Push to Deepen Ties in Asean
Myanmar is one of 18 countries identified by Taiwan as part of New Southbound Policy One of Taiwan’s oldest companies is looking to invest in solar power in Myanmar as the ...
China Seeks Up to 85 Percent Stake in Strategic Port in Myanmar
China is looking to take a stake of up to 85 percent in a strategically important sea port in Myanmar, according to documents reviewed by Reuters, in a move that could ...
Puma Energy Asia Sun Launches Myanmar’s ‘Largest’ Fuel Terminal, Targeting Domestic Growth
Puma Energy Asia Sun (PEAS), majority owned by oil company Puma Energy, opened its $92 million petroleum product storage facility at the Thilawa industrial port, as it seeks to consolidate its ...
Hong Kong, Shanghai and Singapore to offer support for gold exchange market
In the last two years, the Myanmar government and industry associations have been seeking to set up an exchange market where gold and metal could be freely traded in one place. ...