Philippines Card Mri expands micro financing business into Myanmar

Burmese nationals who are considered “unbanked” will soon get microfinancing services of a Filipino company that recently expanded in Myanmar. Card Myanmar Company Limited (CMCL), a $150,000 expansion of the Center for Agriculture and Rural Development Mutually Reinforcing Institution (Card MRI), got its permanent license to operate as a service company last July. “CMCL is […]

Retail Market in Yangon 3Q, 2014

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Retail Market 3Q 2014 Yangon retail market ripe for expansion Yangon’s retail market is set for major changes with new and modern shopping formats slated to be introduced in the medium term. […]

First Myanmar Investment Announces Expansion After Record Profits

YANGON — First Myanmar Investment Company (FMI) has announced plans for expansion in four sectors of Myanmar’s economy before the end of the current fiscal year, on the back of the conglomerate’s highest ever profit results. Chairman Serge Pun told investors at FMI’s 22nd annual general meeting that the company would be expanding its operations […]

Supermarket entrepreneur City Mart eyes expansion

At June’s World Economic Forum on East Asia in Nay Pyi Taw, business news channel CNBC dubbed Daw Win Win Tint, managing director of City Mart Holdings, “Myanmar’s Supermarket Queen”. But by her own account, Daw Win Win Tint’s rise to retail royalty was more accident than preordained accession. Enthused by Myanmar’s nascent economic liberalisation […]

Norway Digital media firm Vizrt sets sights on Myanmar

Norway-based Vizrt, a leading provider of content-production tools for the digital-media industry, is eyeing business expansion in Myanmar to cash in on the prospects for the broadcasting business there after the country opens more doors for foreign investment. Yupapak Tawanna, regional manager of Vizrt Thailand, said the headquarters in Oslo had assigned its Bangkok office, […]