Foreign investor looking for Myanmar cement plant to buy

  Foreign investor looking for Myanmar cement plant to buy over Our client is looking to buy over a cement plant which meets the following conditions: The daily capacity of the cement clinker production is more than 5000 tons; The limestone mines and necessary raw materials are available; The construction of the cement plant has […]

Fuel sector tops foreign investment list

The oil and gas, transport and telecommunications sectors topped the foreign investor list, with US$4.9 billion invested by the end of December during this financial year. Oil and gas came top with US$2 billion, followed by transport and telecommunications. Twenty countries, including Singapore and China, invested in these sectors. Last financial year, the total foreign […]

Myanmar company with 2 prime properties along Pyay Road looking for JV partner

Our client is a Myanmar company that own prime land along Pyay Road – the main arterial road from Yangon City to the airport where high-end residences, shopping malls and restaurants are located. The 2 prime properties are located at No 124 and No 125 Pyay Road respectively. No 124 Pyay Road (at 8 Miles) […]

Permanent residence system taking shape

Foreign professionals, technicians, investors, former Myanmar citizens and spouses of citizens will be eligible for permanent resident status under a scheme to be unveiled later this month. Applications could begin on December 5, the Ministry of Immigration and Population has announced, in a move which some business leaders say could make the country more attractive […]

Road to success a challenging slog for local start-ups

Entrepreneurs in Myanmar are hurt by high costs and high expectations when starting up businesses, according to tech entrepreneur Ko Thar Htet. The Zwenexsys founder warned those that attended Mobile Monday – a tech networking event that this month focused on Myanmar’s past, present and future – of unique challenges and dangers faced by the […]

Myanmar investment outreach forum to be organized in New York

YANGON, Sept. 14 (Xinhua) — A first ever Myanmar investment outreach forum, involving Myanmar senior government officials and many Myanmar and foreign leading businessmen, will take place in New York on Sept. 24, aimed at promoting international investment in the Southeast Asian country, the forum organizer told a press conference here Sunday. Under the title […]

Active black market discourages foreign firms, says minister

The prominence of the domestic black market continues to discourage prospective foreign investors from entering the country, according to Minister of Commerce U Win Myint. Foreign firms are worried that black market goods are often sold at unfairly low prices because importers avoid paying import duties and taxes as well as following proper regulations, and […]

Thai companies urged to invest in Myanmar ‘or miss out’

THAI enterprises should not delay when considering business and trade opportunities with Myanmar, otherwise they may lose out to other foreign investors, said Aung Than, vice chairman to the Mandalay Chamber of Commerce in Myanmar. With the ASEAN Economic Community (AEC) scheduled to commence in 2015, Aung Than said many foreign investors, particularly those from […]