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Yangon Stock Exchange to Launch in December
The Yangon Stock Exchange is set to launch on Dec. 9, an official said on Monday, after three years of preparations to modernize Burma’s financial sector. Addressing CEOs and executive directors of...
View ArticleMyanma Petrochemical Enterprise invites open tender for sales of Oil &...
Ministry of Energy Myanma Petrochemical Enterprise Invitation for Open Tender 1. Myanma Petrochemical Enterprise invites open tender for sales of the following items of No(1) Thanlyin Oil Refinery by...
View ArticleYangon Stock Exchange 10 underwriter names leak
The YSE will be launched on 9th Dec 2015. The name of the 10 firms that leaked out are: AYA Bank’s wholly owned subsidiary, AYA Trust Securities Company. Aya Bank is owned by U Zaw Zaw of Max Myanmar...
View ArticleMyanma Railway invites EOI to businessmen or companies for maintenance of new...
Republic of the Union of Myanmar Ministry of Rail Transportation Myanma Railway Invitation for open tender for maintenance of new Passenger express train 1. Myanma Railway invites expression of...
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Applications for public rental housing to open in February
The Yangon Region government will start accepting applications in February for public rental housing for people who cannot afford to buy homes, according to Kyaw Soe, the regional minister for...
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Australia’s business know how could boost Myanmar
AUSTRALIA’S expertise in agriculture, mining and education is seen playing a key role in Myanmar once Aung San Suu Kyi’s National League Democracy (NLD) takes power next year. MACQUARIE University...
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Companies begin to feel the heat as import costs climb
Myanmar’s plummeting currency has prompted a vicious circle of rising prices in the import-dependent economy, in which even export-driven companies face rising costs, say businesspeople. New laws and...
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Laukkai casinos thrive under military
Despite nine months of military rule and being declared illegal, the notorious casinos of Laukkai are still thriving in the conflict-torn region on the border with China. In their crisp uniforms, the...
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MIC permits five firms
The Myanmar Investment Commission has permitted five businesses, including a hotel project which will be built on the land owned by the army’s Quartermaster-General’s Office, reports say. Three of...
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Political transition heralds higher-quality products
Political change could be leading to lifestyle change, business sources say. They point to a new willingness to import higher-quality brands, on the grounds that the Myanmar people have voted to...
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Scramble behind the scenes as Yangon Stock Exchange nears launch
Just a week before Myanmar’s first modern stock exchange is set to open on December 9, a much-delayed announcement on the names of securities companies has not yet been made, underwriters have not...
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Telenor Myanmar opens 2nd call center in Mandalay
Telenor Myanmar has inaugurated its second call center, located in Maha Aung Myay Township in Mandalay. Telenor now has around 300 agents in both Yangon and Mandalay, serving 12 million customers, 24...
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Hope yet for Nay Pyi Taw’s real estate market
Real estate agents say they hope Nay Pyi Taw’s “sluggish” property market will pick up as the new government takes the reins early next year. Land prices in the capital enjoyed a brief surge in 2013,...
View ArticleSembcorp Industries signs S$420 million accord to develop Myanmar’s biggest...
SINGAPORE – Sembcorp Industries has announced a memorandum of understanding with the Myanmar government to invest in and develop the country’s largest gas-fired power plant to help address a power...
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Jade miner turns hand to Yangon condo
Nay Min Kabar Gems & Jade Mining Company has made its debut in the real estate sector, launching a mid-range condominium in Yangon through its subsidiary Green Development. Apartments in the Leaf...
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Myanmar’s former junta leader sees Suu Kyi as country’s ‘future leader’
Myanmar’s former junta leader sees Aung San Suu Kyi as the country’s “future leader” and has pledged to support her even though she is currently barred by the constitution from becoming president, his...
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Stock exchange could catch Vietnam: deputy minister
Yangon Stock Exchange has good prospects and is likely to catch up with Vietnam’s stock exchange within three years, according to Dr Maung Maung Thein, deputy finance minister. Established in 2000,...
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U.S. Plans to Ease Myanmar Trade Sanctions
The U.S. Treasury Department is preparing to make it easier for American companies to do business through a port in Myanmar that is owned by a sanctioned company whose reclusive owner has close ties...
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Yangon KFC operator upbeat on post-election economy
Myanmar’s first KFC restaurant has thrived since opening in Yangon in July, with people regularly seen lining up outside the shop to buy the various chicken dishes on offer. The franchise is operated...
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Yoma’s Pun Seeks New Myanmar Stock Exchange’s First Listing
First Myanmar Investment Co., a conglomerate controlled by businessman Serge Pun, is aiming to be the first publicly traded company on the Myanmar stock exchange. Pun, who is also chairman of...
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