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KUALA LUMPUR: Malaysia Airlines and Myanmar Airways International have signed a new code share agreement to increase the national carrier's access to Yangon from the current 14 flights weekly to 19 flights weekly.
Scomi Group Bhd made further inroads into Myanmar when it secured a RM93.6mil contract from PTTEP International Ltd to provide its drilling fluids and engineering services.
JOHOR BARU: Malaysian home-grown halal quick service restaurant operator Marrybrown Sdn Bhd has become the first international company to open an outlet in Myanmar.
YANGON: Myanmar has introduced interbank currency trading, a senior central bank official said, the latest reform to the financial sector, which follows the managed float of the kyat currency from April 2012.
YANGON: Myanmar has the potential to quadruple the value of its economy to US$200 billion by 2030 if it presses on with reforms, embraces technology and shifts away from agriculture, a study said.
PETALING JAYA: Oil and gas service provider Enra Group Bhd has received a US$48mil (RM206.3mil) contract in Myanmar from Petroliam Nasional Bhd (Petronas) to provide storing and offloading services.
YANGON: Myanmar, which is offering operating licenses to global telecoms firms for the first time, will announce the outcome of the auction as planned on Thursday despite opposition in parliament.
TOKYO: Japanese automaker Nissan plans to begin producing small cars and trucks in Myanmar with its Malaysian partner as early as this year, the Nikkei business daily reported.
PETALING JAYA: Ho Hup Construction Co Bhd’s unit has entered into a joint venture (JV) with Zaykabar Co Ltd to develop a high-end residential property project, with an estimated gross development value of US$200mil (RM634.8mil) in Yangon, Myanmar.
PETALING JAYA: Scomi Group Bhd has been awarded a drilling fluids and drilling waste management contract in Myanmar worth about RM93.6mil.