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Myanmar Highlights

Myanmar Investment International Limited and Norfund execute option relating to the microfinance joint venture agreement

Myanmar Investment International Limited and Norfund execute option relating to the microfinance joint venture agreement

  • Myanmar Investment International Limited and Norfund execute option relating to the microfinance joint venture agreement
  • World Bank and International Hydropower Association to promote sustainable hydropower development
  • Thonburi Hospital Group and Myanmar’s Ga Mone Pwint Company Ltd to develop hospitals in Yangon
  • China Shipping Container Lines to ship directly to Yangon from Shanghai and Ningbo
  • Bank Negara Indonesia to proceed with establishment of Myanmar representative office
  • Asia Pacific Mining Ltd granted exploration license near historic Bawdwin mine
  • Myanmar’s Foreign Economic Relations Department and JBIC to strengthen cooperation
  • Ministry of Construction invites expressions of interest in relation to the upgrade of Yangon-Mandalay highway
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OECD report on Myanmar finds investment policy is being hampered by skills shortage

OECD report on Myanmar finds investment policy is being hampered by skills shortage

  • OECD report on Myanmar finds investment policy is being hampered by skills shortage
  • Myanmar’s Internal Revenue Department to adopt new approach to land valuations
  • Myanmar Gems and Jewelry Entrepreneurs Association to establish bank
  • Shan State Government invites expressions of interest for development of 30 MW power plants
  • First Private Bank to launch mobile banking service
  • International Finance Corporation and Myanmar Oriental Bank to expand cooperation
  • Small and Medium Industrial Development Bank rolls out loan guarantee insurance to Myanmar SMEs
  • PT Timah renews interest in Myanmar smelter facilities
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MPPE Selects Puma Energy As Jet-Fuel Distribution Partner

MPPE Selects Puma Energy As Jet-Fuel Distribution Partner

  • MPPE selects Puma Energy as jet-fuel distribution partner
  • Federation of Trade Unions advocates minimum daily wage of Ks 5, 000
  • ECSB announces four types of licence will be made available to Myanmar securities companies
  • Card Myanmar Company to invest approximately US$150,000 on rural initiative
  • Sky Asia to develop cable car project in Mon State
  • Berlanga Myanmar Private Ltd and A-1 Mining Company Ltd to conduct feasibility study on offshore-block Motamma M-8
  • Myanmar expected to earn approximately US$2.64 billion from annual natural gas exports
  • Myanmar Tourism Federation to establish ‘tourism bank’ for Myanmar SMEs
  • JICA to provide US$40 million to develop Yangon’s circular train system
  • Frontier Digital takes stake in MyanmarCarsDB and iMyanmarhouse
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Asian Development Bank and Australian government provide funds to Mekong Business Initiative to support Myanmar SMEs

Asian Development Bank and Australian government provide funds to Mekong Business Initiative to support Myanmar SMEs

  • Asian Development Bank and Australian government provide funds to Mekong Business Initiative to support Myanmar SMEs
  • MOGE executes offshore production sharing agreements with foreign-Myanmar joint ventures
  • Keppel Land Ltd to acquire interest in Myanmar joint-venture
  • Commercial Bank of Ceylon to establish Myanmar representative office
  • Myanmar digital startup NEX gets 2nd round funds from Blibros
  • Vietnam’s Viettel nears deal to invest $800 million in Myanmar joint-venture
  • EU establishes Myanmar Chamber of Commerce
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Ayala Corporation and City Mart Holdings Company Ltd to establish a Myanmar joint venture company to develop mixed-use property in Yangon

Ayala Corporation and City Mart Holdings Company Ltd to establish a Myanmar joint venture company to develop mixed-use property in Yangon

  • Ayala Corporation and City Mart Holdings Company Ltd to establish a Myanmar joint venture company to develop mixed-use property in Yangon
  • Prestige Automobiles opens BMW showroom in Yangon
  • Toyota donates cars to Yangon driving schools
  • Taiwan’s Electrical and Electronic Manufacturers` Association to develop an industrial park in Southern Myanmar
  • Myanmar Foreign Ministry announces details of new ‘permanent residency’ visa system
  • Imaspro Corp. to commence exporting plant pesticide products into Myanmar
  • Asahi announces plans to introduce new products into Myanmar
  • EU pledges US$320.6 million to fund rural development in Myanmar
  • Japan Consortium Ltd Liability Co and TSS Tokyo water to develop Yangon water project
  • Myanmar Overseas Employment Agency Association secures commitment on Macau visas
  • Surbana International Consultants to expand operations in Myanmar
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Lafarge Cement invests in Thilawa SEZ cement repacking facility

Lafarge Cement invests in Thilawa SEZ cement repacking facility

  • Lafarge Cement invests in Thilawa SEZ cement repacking facility
  • Food Corporation of India to import rice from Myanmar
  • Foreign insurance companies to be permitted to establish in Thilawa SEZ
  • General Electric and the Myanma Electric Power Enterprise to cooperate on gas turbine upgrade
  • China and Myanmar execute trade deals worth US$7.8 billion
  • Singapore and Vietnam to provide Myanmar with SME development loan
  • Mitsubishi, Jalux Inc. and Yoma Strategic Holdings to operate Mandalay airport
  • First Myanmar Investment announced 2015 expansion plans and intention to list on the Yangon Stock Exchange
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Indonesias PT Timah to construct tin smelting facilities at Tanyinthari

Indonesias PT Timah to construct tin smelting facilities at Tanyinthari

  • Indonesia’s PT Timah to construct tin smelting facilities at Tanyinthari concession
  • Taekwang Industrial Co. to establish Bago shoe manufacturing facility
  • New online resource to connect Myanmar SMEs with international investors
  • Bangkok Airways eyes more Myanmar routes
  • Chevrolet opens flagship showroom in Yangon
  • Yongnam Holdings Ltd to lead consortium to develop Hanthawaddy International Airport
  • Green Earth Power Ltd and Myanmar Government to cooperate to develop US$350 solar power project
  • Colgate acquires Myanmar’s Laser Toothpaste for US$100 million
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New investment rules announced for Thilawa SEZ

New investment rules announced for Thilawa SEZ

  • New investment rules announced for Thilawa SEZ
  • Government announces details of stock exchange transition period
  • Asea Brown Boveri opens Yangon office
  • Ministry of Information announces new regulations implementing the 2014 Printing and Publishing Enterprise Law
  • Myanmar Timber Enterprise to make 1,000 teak and hardwood logs for sale through open bidding
  • Asia Pacific Mining Ltd granted exploration licences
  • Yoma Strategic Holdings and Yum Brands, Inc. to bring KFC to Myanmar
  • Myanmar knitwear Company to supply Marks and Spencer from new Thilawa factory
  • Marubeni Cooperation and Ministry of Electric Power sign MoU
  • Idemitsu Kosan, PTTP, Puma Energy and Omni Focus submit tenders in relation to the development of oil refinery in Thanlyin
  • Novotel opens new hotel on Inle Lake
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Nine foreign-owned banks receive provisional CBM approval to operate in Myanmar

Nine foreign-owned banks receive provisional CBM approval to operate in Myanmar

  • Nine foreign-owned banks receive provisional CBM approval to operate in Myanmar
  • Myanmar Oil and Gas Enterprise announces price of CNG likely to double in 2015
  • Vietnam’s Posts and Telecommunications Group opens Myanmar representative office
  • 2012 Foreign Investment Law and 2013 Investment Rules to be amalgamated in new legislation
  • International Finance Corporation to lend Yoma Bank Ltd US$5 million to support Myanmar SMEs
  • Twelve companies short-listed to participate in the first phase of Kyaukpyu SEZ
  • Oilfield Workforce Group Ltd to train workers in Myanmar’s oil and gas industry
  • India-Myanmar container shipping service launched
  • GS Group to launch satellite-broadcasting service in Myanmar
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Nestle announces plan to invest US50 million US in Myanmar over the next six years

Nestle announces plan to invest US50 million US in Myanmar over the next six years

  • Nestlé announces plan to invest US$50 million in Myanmar over the next six years
  • Young Investment Group and Pacific Hunt Energy being granted drilling permits
  • Ho Hup Construction announces details of Yangon residential project
  • Taiwan’s Electrical and Electronic Manufacturers’ Association to develop industrial park in southern Ayeyarwady region
  • Parami Energy, Petroleum Exploration Ltd and Siren Exploration and Production enter into Myanmar partnership
  • Virtue Land signs a coal plant MOU with the Ministry of Electric Power
  • Myanmar to benefit from Lippo Group’s ASEAN investment strategy
  • Brunei National Petroleum enters into offshore exploration agreement
  • Myanmar Petroleum Products Enterprise announces aviation-fuel tender shortlist
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