Rowsley, HAGL Bow Out of $550-Million Myanmar Joint Venture

Rowsley Limited and Hoang Anh Gia Lai Joint Stock Company said the firms have mutually agreed not to proceed with the proposed joint venture regarding HAGL Myanmar Centre in Yangon. Singaporean real estate developer, architectural and engineering consultancy firm Rowsley in February said it will invest $275 million for a 50 percent stake in a […]

Busy signal for handset market

Rapid growth in the number of domestic mobile users is creating opportunity for mobile handset makers to expand their sales. While the local handset market has traditionally been dominated by a handful of brands, several new entrants are pushing their products in the hope of growing market sharing in a rapidly expanding business. A June […]

HTC Sets Out Stall in Myanmar’s Telecoms Market

Electronics firm HTC, which was co-founded by Burmese-born entrepreneur Peter Chou, is confident that Burma’s the telecoms sector will begin to grow at a rapid pace next year. The Mandalay-born Chou co-founded the company in Taiwan in 1997 and is now CEO of HTC, one of the world’s leading makers of smartphones and tablets. He […]