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MEHL to Sell Mandalay Brewery to Kirin
Japanese brewer Kirin will buy Mandalay Brewery of Myanmar for an estimated several hundred million yen (several million dollars) in its latest effort to strengthen its presence in the Asia-Oceania...
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Myanmar, Finland Hold Discussions on Bilateral Cooperation
State Counsellor and Minister of Foreign Affairs Aung San Suu Kyi met last Thursday with Finland’s Foreign Trade and Development Minister Kai Mykkanen in Nay Pyi Taw for discussions on bilateral...
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Myanmar Has Earned Over $370m From Rice Exports So Far This Fiscal Year –...
Myanmar exported over 1.2 million tons of rice in the first 10 months of the current fiscal year, earning $376 million, according to the figures of Ministry of Commerce. As of January, 68...
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Listing Brings Few Benefits for Construction Sector for now
There is only one listed construction-related firm on the Yangon Stock Exchange (YSX) at the moment. Joining the YSX will not boost the construction companies to raise capital for real estate...
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Cambodia, Myanmar Pledge to Enhance Trade, Tourism, Education Ties
Cambodia and Myanmar have pledged to enhance their bilateral relations in trade, tourism and education, according to a Cambodian senior official. The pledge was made during a meeting between...
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Thai Commerce Minister Says Country Will Double Trade With Myanmar in 5 Years
Thailand and Myanmar aim to double the value of trade between the two countries in the next five years, Thailand’s minister of commerce has said. Speaking during a visit Myanmar, Apiradi...
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Coffee growers in Ywangan (Shan State) achieve designation protecting its name
Ywangan, the township in Shan State that has become known for its quality coffee, has achieved a Geographical Indication (GI), the same designation that protects the Champagne region in France from...
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A company of my own’: the rise of Myanmar’s tech pioneers
“It’s always been my ultimate goal to have a company of my own,” says Htun Khaing Lynn, or Zack, as he prefers to be called. Last September the 22-year-old engineering graduate from Myanmar’s eastern...
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Yangon new bus system gets moving
The residents of Myanmar’s main commercial city are slowly adjusting to the new transport system, introduced nearly a month ago by the region’s chief minister. “It was chaos to begin with, but now...
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In Yangon, upfront rents stretch tenants, small businesses
YANGON — As rents in the commercial capital rise, the illegal but common practice of landlords demanding six months’ or even a year’s rent upfront is stretching Yangon’s residential and business...
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Kirin Plans to Buy Mandalay Beer
Japanese brewer Kirin Holdings is planning to buy Mandalay Beer for an estimated several hundred million yen in its latest effort to boost its presence in the Asia-Oceania region and as a part of...
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Myanmar CMP Expected to Earn US $ 2 Billion for Garment Industry
Myanmar is expected to earn about US$ 1.855 billion from CMP (cutting, making and packaging) garment industry which includes the manufacturing of shoes, garment and bags, according to Ministry of...
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Foreign investment in hotel and tourism reaches US $2.7billion
Myanmar has received foreign investment of more than US $2.687billion in 67 businesses in the hotel and tourism sector as of January 2017, the Directorate of Investment and Company Administration...
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Myanmar businesses characterized by low level of company formation, low...
A report which provides an overview of businesses in Myanmar and sheds light on the constraints they face, was launched today by the Deputy Minister of Planning and Finance, H.E U Maung Maung Win and...
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Myanmar coffee producers lag behind neighbouring countries
YANGON – Despite the fact that Myanmar has many fertile upland areas, the country is not known as a major coffee producer unlike neighbours Laos and nearby Vietnam. In recent years, local...
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Malaysia’s Oldtown venture into Myanmar via franchisee
PETALING JAYA: Hong Leong Investment Bank (HLIB) Research believes the impact from Oldtown Bhd’s venture into Myanmar is minimal as it only accounts for less than 1% of total earnings. Hence, the...
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Zayar Thaw: from Rapper to Myanmar lawmaker
YANGON Myanmar’s parliament building, constructed by the former military junta in capital city Naypyitaw, is so gorgeous it could be mistaken for a palace. The lawmakers attending sessions there have...
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Thai-Myanmar council push
Thai businesses are ramping up ties with their Myanmar counterparts in five main areas — agriculture, border trade, energy, industrial development and tourism — to tap into vast investment...
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TPBI signs Myanmar MoU
SET-listed TPBI Plc, a plastic packaging maker, has signed a memorandum of understanding (MoU) with a local partner in Myanmar to build a factory there to serve export demand. Chief finance officer...
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Horiba, Hitachi Zosen team up on wastewater treatment in SE Asia
TOKYO — Horiba and Hitachi Zosen are combining their technologies for a venture into wastewater treatment in Southeast Asia. As a first step, the Japanese companies have set up a demonstration...
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