Reposted from Eleven Myanmar
Nissan Motor, Japan’s second-largest auto maker planned to build an assembly plant in Myanmar, according to its Myanmar partner E Garage Auto Service and Spare Parts.
“Nissan has opened its parts and service center last week by teaming up with us. More…
Reposted from The Bangkok Post
Myanmar companies seeking to raise funds for projects in their country’s fast-developing economy might be able to manage “backdoor’’ listings in Thailand, a recent conference in Kuala Lumpur heard.
Myanmar experts based in Thailand were the key speakers at the “Invest Myanmar 2012” conference organised by the training and conference management firm Solomon Wise. More…
Reposted from Eleven Myanmar
The Myanmar government is seeking bids for two housing projects to build 10,000 apartments in Dagon Seikkan Township in Yangon.
The Department of Human Settlement and Housing Development (DHSHD) said it will be selecting the companies that will meet the standards of the Committee for Quality Control of High-rise Building Projects Construction. More…
Reposted from Eleven Myanmar
The Myanmar Investment Commission (MIC) has approved investments from 15 foreign companies within the last two months.
MIC announced that 10 companies were approved on October 29 while the rest on November 5.
Twelve of them are to run their businesses on CMP (cutting, making and packing) basis and they are garment factories, and gloves and clock and watch case makers. More…
Foreign investors can play a pivotal role in transforming Myanmar’s low-skilled workforce into a skilled workforce
Myanmar’s rapprochement with the West presents a rare opportunity to untangle a web of unfeasible sanctions, rein in the business oligarchy and harness the progressive elements within Myanmar’s economy to help alleviate the poverty suffered by millions of Myanmar citizens. More…
Burmese Girl outside of Yangon, Myanmar
As Leopard Capital prepares to launch two Myanmar-focused funds over the next year – Leopard Myanmar Property Fund in Q4 2012 and Leopard Private Equity Fund in H1 2013 – we highlight recent economic and political developments within the country.
Following recent democratization measures, including the release of hundreds of political prisoners, cease-fire agreements with militant groups, and the incorporation of long-time human rights champion Aung San Suu Kyi into the political process, it is apparent that Myanmar’s government is determined to become fully integrated into the international community. More…
“At this time, the president will surely sign the bill and promulgate it as law” – Mr. Zaw Htay (Official from President’s office)
Myanmar’s parliament passed a more business-friendly foreign-investment law Thursday that removes some previous restrictions on foreign ownership of joint-venture companies. More…
Myanmar to own 51% of Thilawa while the Japanese will take a 49% stake
Japan External Trade Organization and the Union of Myanmar Federation of Chambers of Commerce and Industry will begin building the Thilawa Special Economic Zone in early 2013, officials said on October 21. More…
ADB to formulate an investment program and provide funding targets
The Asian Development Bank has revealed more details about its future engagement with Myanmar announcing it will assist to develop 11 sectors within the country, including energy, transportation, urban development, telecommunications, health, education and agriculture. More…
Thein Sein believes the joint venture ratio ought to be flexible and should depend on the particular sector
YANGON, Myanmar – The implementation of a new foreign investment law passed in Myanmar earlier this month has been delayed because the country’s president is sending it back to parliament for fine-tuning, an official said Monday. More…
