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.
Myanmar Business Survey published, Diebold Nixdorf opens in Rangoon, Burma and Thailand sign tourism MoU, SMI to distribute Shiseido cosmetics.
‘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.
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.
In a new draft, the National Planning and Finance Ministry modifies information considered out-of-date and adds relevant details for investors.
A boost for internet connectivity, a bus assembly plant to start operations, and Yoma gets approval for a major Rangoon development project.
KBZ bank and Visa announce that they will jointly issue new payment cards, after receiving the green light to do so from Burma’s Central Bank.
Foreign direct investment drops significantly in the 2016-2017 fiscal year, according to the government’s most recent figures.
Telecoms services expected to grow 4 percent, agriculture sector set for a boost, Assam seeks trade route with Burma, and a tourism promotion event.
Twice as many Singapore vessels providing fuel to Burma as a year ago due to economic growth that could top 8 percent.
Locally-owned bank to become fourth firm to trade shares on Burma’s fledgling stock exchange.
Burma’s local community says infrastructure still a turn off for investors, but light manufacturing will see the most growth in 2017.