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FGVH targets natural rubber processing in Myanmar this year

Felda Global Ventures Holdings Bhd (FGV) hopes to start operation of its natural rubber (NR) processing plant in Myanmar this year, says chief executive officer-designate Mohd Emir Mavani Abdullah.


Myanmar law to give its central bank autonomy

YANGON: Myanmar is expected to enact a law within days that will give more autonomy to the central bank, which is currently part of the Finance Ministry, according to a senior official in the president’s office.


SingTel puts focus on mobile as it seeks access to Myanmar

Singapore: Singapore Telecommunications Ltd (SingTel), South-East Asia’s biggest phone company, wants to focus on wireless services in Myanmar as it vies for the right to operate in one of the world’s last untapped mobile markets.


Tan Chong Motor makes US$50mil foray into Myanmar

KUALA LUMPUR: Tan Chong Motor Holdings Bhd (TCMH) is making its foray into Myanmar to manufacture and market vehicles there and this would involve an investment of US$50mil.


Puncak Niaga sets up Myanmar office to explore water-related opportunities

PETALING JAYA: Puncak Niaga Holdings Bhd has set up office in Myanmar, namely Puncak Niaga Holdings Bhd (Myanmar Branch), to explore potential water- and waste water-related business opportunities in the country.


Singapore consortium back in running for Myanmar airport

SINGAPORE: A consortium including Singapore's Changi Airport Planners and Yongnam Holdings Inc has been invited by the government of Myanmar to re-enter negotiations to build and operate a new international airport in the country.


SunCon plans to expand into Myanmar, Indonesia

KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) plans to expand into Myanmar and Indonesia as it aims to enlarge its footprint in the Asean region.


Myanmar president okays law on central bank autonomy

YANGON: Myanmar’s president has signed a law giving the central bank more autonomy from the Finance Ministry and opening the way for development of the fledgling banking sector.


RHB Research positive on timber sector as Myanmar imposes export ban

KUALA LUMPUR: RHB Research remains positive on the prospects of the timber sector, on the back of the upcoming log export ban in Myanmar with effect from April 1 and relatively stable demand from India and Japan.


Axiata pre-qualified to bid for Myanmar mobile licence

PETALING JAYA: The government of Myanmar has announced 12 international consortia that have pre-qualified to bid for two mobile licences, a report by Reuters showed.