Myanmar’s domestic investment reaches nearly US$5 billion

As of May, the domestic investment has amounted to almost $5 billion and the majority of projects are in manufacturing and construction sectors, according to the Directorate of Investment and Company Administration. Local investors usually channel their capital to agriculture, livestock and aquaculture, mining, manufacturing, energy and related businesses, transportation, hotel and tourism, real estate […]

Singaporean companies to invest in Myanmar’s wood-based industries

Two Singaporean companies will make investment in Myanmar’s wood-based industries and construction sectors in joint venture with local Myanmar counterparts, official media reported Monday. The two Singaporean companies, namely Wood Craft International and Uni Global Power, will cooperate with Myanmar’s Global Star and Nature Link companies to produce finished wood products and invest in infrastructural […]