Monday, August 21, 2017

MoU on Kyaukphyu SEZ likely in August

An MOU between China and Myanmar relating to a national-level framework for the Kyaukphyu Special Economic Zone (SEZ) is likely to be signed by August, a spokesperson of Kyaukphyu SEZ Management Committee told The Myanmar Times during an exclusive interview on August 4.

Continue reading »

Bond trading needed to deepen capital markets and boost economy

Plans are in motion to enable the trading of Government Treasury Bonds on the Yangon Stock Exchange (YSX), U Thet Tun Oo, senior executive manager at the YSX, told The Myanmar Times.

Continue reading »

Five things you need to know about the Yangon Stock Exchange (YSX):

1. The YSX officially opened on Dec 9, 2015, almost ten years after the Myanma Economic Bank (MEB) and Japan’s Daiwa Institute of Research (DIR) established a goal of starting the country’s first stock exchange in 1996.

Continue reading »

SEZ Watch repeats request to meet with SEZ bodies

THE Myanmar SEZ Watch will repeat its request to meet the Myanmar Special Economic Zone (SEZ) Central Body and Central Working Body this month to discuss the government’s policies as well as current developments in the zones.

Continue reading »

New Investment Law authorises first project led by Japanese hotel chain

TheJapan-based Hotel Okura will open its first hotel in Myanmar with the help of Japan’s government-private fund in 2020, according to the company’s press release dated July 28.

Continue reading »

A positive perspective on Myanmar’s hotel glut

Last September, amid an alarming rise in the number of unoccupied hotel rooms in cities like Yangon and Mandalay, the Ministry of Hotels and Tourism (MOHT) announced tighter controls on the development of new hotels in congested areas.

Continue reading »

Myanmar’s stakes in two Belt and Road economic corridors

The country’s involvement in the two economic corridors reflects its unique geopolitical role in bridging China and South Asia as well as fostering integration of the ASEAN bloc.

Continue reading »

Chevrolet’s new 2017 Malibu  launched

The official dealer of Chevrolet, Pacific-AA Motor Ltd, has introduced its new 2017 Malibu to the market on July 28 and foresees this to be Chevrolet’s flagship model in their range for the next three years, Samuel Eak, Chevrolet’s general manager, told The Myanmar Times.

Continue reading »

Can Myanmar make it easier for SMEs to do business locally?

The World Bank released its Doing Business report for Myanmar in 2017.

Continue reading »

Singapore cord blood bank targets upper middle-class market

CORDLIFE GROUP, a Singapore-listed cord blood bank, has officially opened an office in Yangon. It will offer cord blood, cord lining and cord tissue banking services to new parents in Myanmar.

Continue reading »