Puma Energy is keen to invest in Myanmar deep sea ports

29 Jun 18
YANGON- Singapore-based Puma Energy Company is keen to invest in construction of Myanmar deep sea ports, according to the press conference held in Union Business Centre on June 21st. “Myanmar deep ...

All companies need to re-register starting from August 1

29 Jun 18
The President’s Office issued Notice 48/2018 last Thursday to announce that the new Myanmar Companies Law will go into force on August 1. The new legislation, enacted in early December last ...

Yoma Land to focus on property development, expand into mass market

29 Jun 18
Cyrus Pun, managing director of newly launched Yoma Land, is expanding beyond high-end, luxury properties into the mass market in a bid to promote home ownership and grow in Myanmar. Yoma ...

Toyota sees rising demand despite inability to issue Yangon license

29 Jun 18
Toyota Motors is seeing demand rise for its imported automobiles despite the inability to issue Yangon license plates allowing car owners to legally park in the notoriously congested city. The Japanese ...

YRTA’s lease contracts with Yangon businesses discussed

29 Jun 18
At a parliament session Monday, lease arrangements between the Yangon Region Transport Authority (YRTA) and private businesses in the city came under scrutiny. The YRTA has been the recipient of revenues ...

New MIC chair promises to stay investor-friendly, says Myanmar “open for business”

29 Jun 18
During a meeting with four chambers of commerce in Yangon on June 22, U Thaung Tun, the new chair of the Myanmar Investment Commission (MIC), reinforced intentions to “turn Myanmar into ...

Gems Emporium to sell over 7,000 lots of jewels, pearls and jade

27 Jun 18
The 55th Myanmar Gems Emporium will put up for sale 7,491 lots of precious stones including 15 million Euros worth of jade. Pearl lots are a new addition starting from this ...

Chinese manufacturers eye Myanmar base as trade war escalates

27 Jun 18
Myanmar stands to gain from the ongoing trade spat between China and the US, U Than Aung Kyaw, deputy director general of the Directorate of Investment and Company Administration (DICA), said ...

YRTA’s lease contracts with Yangon businesses discussed

27 Jun 18
At a parliament session Monday, lease arrangements between the Yangon Region Transport Authority (YRTA) and private businesses in the city came under scrutiny. The YRTA has been the recipient of revenues ...

Myanmar’s Delta Capital hits final close of second fund at about $70m, falls short of $100m target

27 Jun 18
Private equity firm Delta Capital has raised close to $70 million for its second investment fund, falling short of its target of $100 million, yet becoming the largest Myanmar-specific vehicle that ...