Russia keen to explore business opportunities in Myanmar
Earlier this week, U Thaung Tun, Union Minister for Investment and Foreign Economic Relations received a Russian business delegation in Nay Pyi Taw, where the group discussed opportunities for investments and ...
AIA teams up with two local groups for insurance venture
AIA Myanmar announced last week that it has entered into a partnership with AYA Financial Group and Max Myanmar Group (AFG Max) to form AIA Myanmar to offer life, health and ...
A deep dive into growth projections
Despite rising costs, teething problems as a result of economic reforms and a slower flow of foreign capital into the country, government officials and institutions like the World Bank and International ...
Investors focusing on real estate, power generation in Myanmar
Real estate and power became the sectors most focused on by investors in the months of October of November, the Directorate of Investment and Company Administration (DICA) has revealed. Ref: https://www.mmtimes.com/news/investors-focusing-real-estate-power-generation-myanmar.html
Online payments now available for company registration
The Directorate of Investment and Company Administration (DICA) has announced that it is now able to accept online payments for the registration of companies at its Myanmar Companies Online (MyCO) website. ...
Tanintharyi offers good potential for investors: officials
The Tanintharyi Region government is focusing on promoting investment in hotels and tourism, agriculture and livestock, fisheries, power, mining, and real estate to help boost its economy. Ref: https://www.mmtimes.com/news/tanintharyi-offers-good-potential-investors-officials.html
Singapore businesses see Myanmar as ‘potential gold mine’
Myanmar is a “potential gold mine” and the “last frontier for” investors despite its low ranking in ease of doing business, said a Singaporean investor at a business to business matchmaking ...
Digitalisation will boost savings culture in Myanmar: expert
The prevalence of cash transactions and smart phone ownership in Myanmar provides an attractive opportunity for the spread of digital savings services to underserved or unserved households, a UN expert says. ...
Solar could lower power costs for local business, IFC study reveals
Distributed solar solutions can help businesses in Myanmar bring down their power costs and climate impacts, a study by the International Finance Corporation (IFC) reveals. Ref: https://www.mmtimes.com/news/solar-could-lower-power-costs-local-business-ifc-study-reveals.html
ADB provides $51.2m for all-weather roads in rural areas
The Asia Development Bank (ADB) will provide US$51.2 million to upgrade rural roads in Myanmar to become all-weather and climate-resilient, the bank said in a statement released on Tuesday. Ref: https://www.mmtimes.com/news/adb-provides-512m-all-weather-roads-rural-areas.html