Beer, chili, and heavy machinery: Kirin plans purchase of Mandalay beer, Arakan State sends chili to Sri Lanka, and Kubota opens a facility in Thilawa.
24 The News For 24 February 2017
Myanmar Business Survey published, Diebold Nixdorf opens in Rangoon, Burma and Thailand sign tourism MoU, SMI to distribute Shiseido cosmetics.
Arakan State’s minister for finance, revenue and economics confirms that the Merciel Resort and Retreat hotel does not have an official license.
“If we want to develop this region, we need to expand Kawthaung Airport so that it can receive direct international flights,” says tourism minister.
‘We expect that more outside investors will come once these rules are approved,’ says an official in the government’s investment directorate.
IMF reports economic slowdown, Lashio zinc refinery moves forward, ADB helps boost infrastructure, and concern over foreign worker laws.
The state-owned broadcaster will select five new firms to operate digital free-to-air television channels.
World Bank says overall outlook is positive, but barriers and risks to growth remain.
US financial services company Visa and local Burmese bank KBZ will issue ‘classic’ and ‘platinum’ credit cards starting from Jan. 25.
Thailand will send a trade mission; new flights will connect Burma and Nepal; Singaporean company will build a new power plant near Mandalay.
‘Our target is to install 850 ATM machines by the end of March,’ says CB Bank’s general manager.
First Private Bank will begin trading on the Yangon Stock Exchange on Jan. 20.
In a new draft, the National Planning and Finance Ministry modifies information considered out-of-date and adds relevant details for investors.
Start-ups in Burma vie for business, overcoming financial obstacles and trying to stand out in a rapidly changing country.
Business Roundup (February 11)
New Investment Law Rules to be Announced in March
Business Round Up (February 4)
Economy Expected to Average 7.1 Percent Growth Over Next Three Years
CB Bank to Double the Size of its ATM Network in 2017
YSX’s Newest Trading Company Announces Base Share Price
Gold Exchange Market to Open in 2017
KBZ Bank, Army-Owned Companies are Tops on Highest Taxpayer List
UWSP Criticizes the Government Peace Process at Ethnic Summit
Burma’s National Education Plan Focuses on Lifelong Learning
U Wirathu Leads Protest in Solidarity with Dhammakaya Temple
President Accepts Resignation of Mon State Chief Minister