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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.
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.
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.
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.
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: 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.
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.
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.
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.
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.