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Business

Myanmar spring: ‘Look, listen, learn and leave’

In the 30 months since the new regime assumed power, Myanmar has undergone a remarkable transformation.

Business

Maybank is first Malaysian bank awarded banking licence in Myanmar

PETALING JAYA: The Central Bank of Myanmar (CBM) has granted Malayan Banking Bhd (Maybank) a banking licence to open a branch office in Myanmar, which will help strengthen the bank’s regional footprint in Asean.

Business

Myanmar scales back Chinese-backed port project due to debt fears

NAYPYITAW: Myanmar has scaled back plans for a Chinese-backed port on its western coast, sharply reducing the cost of the project after concerns it could leave the Southeast Asian nation heavily indebted, a top government official and an advisor told Reuters.

Business

China to take 70% stake in strategic US$7.2bil port in Myanmar

YANGON: China has agreed take a 70 percent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the country, a senior government official said.

Business

Daibochi bullish on Myanmar venture

MYANMAR’s growing population, rising income levels and low cost business environment are among the key attractions that led to Daibochi Plastic and Packaging Industry Bhd’s decision to expand into the country.

Business

SunCon forms tie-up to venture into Myanmar market

PETALING JAYA: Sunway Construction Group Bhd (SunCon) is set to make its foray into the Myanmar market following its latest partnership with the construction arm of a Myanmar-based conglomerate.

Business

Malaysians invest RM6b in O&G, hospitality sectors in Myanmar

KUALA LUMPUR: Myanmar is rife with business opportunities in the resource and non resource-based industries as well as domestic markets, according to speakers at seminar here.

Business

Maverick operator Digicel takes on the big boys in Myanmar

SINGAPORE: Cellular operator Digicel Group Ltd jumped into Myanmar early and big, hiring staff, funding local sports, negotiating land deals for thousands of cell tower sites and signing up hundreds of partners for retail outlets.

Business

Huge rewards for Tan Chong Motors in Myanmar

KUALA LUMPUR: CIMB Equities Research sees huge upside for Tan Chong Motor (TCM) following its first mover advantage in Myanmar and existing footprint in Indochina, based on other Indochina and Myanmar auto plays.

Business

China to keep talking to Myanmar over stalled scheme

BEIJING: China said it will continue to talk to Myanmar about a controversial stalled dam project, after Myanmar’s new energy minister cast doubt over the scheme.