Lippo Group Inaugurates First Myanmar Hospital, Plans $1b Investment

Yangon. Lippo Group, one of Indonesia’s largest conglomerates, launched on Saturday its first hospital in Myanmar, as part of the group’s plan to spend $1 billion to build 20 hospitals in the country over the next three to five years. The Mekong-river country serves as Lippo’s stepping stone in its expansion in the Southeast Asia […]

Thai company building ‘high-standard’ hospitals in Myanmar

Thailand’s third-largest private hospital group, the Thonburi Hospital Group, says it expects to sign a memorandum of understanding with Ga Mone Pwint Company in Yangon next week to start building two “superior-standard” hospitals in Myanmar. Dr Boon Vanasin, the owner of the Thonburi group, which has a network of 22 hospitals in Thailand and further […]

Myanmar health care spending lifts logistics market

Consumer spending on over-the-counter health care products in Myanmar is anticipated to grow from around $140 million in 2013 to $480 million by 2020, providing a huge and growing market for distributors and logistics providers. The medical devices market in Myanmar is anticipated to grow threefold by 2020, and eight out of 10 Myanmar consumers […]

Most Myanmar have hopes high for the future, survey finds

A public opinion survey which found that nearly 90 percent of those questioned believe Myanmar is heading in the right direction has also revealed serious concerns about low incomes, unemployment, a lack of aid for the farm sector and the quality of healthcare and education. The survey of 3,000 people, interviewed throughout the country from […]

Ooredoo to spend $60 million on development projects

Ross Cormack, the Senior Representative of Ooredoo in Myanmar said that the company will spend $60 million within 10 years on social development projects in Myanmar. Ooredoo, based in Qatar won one of the two tenders for telecom licenses on June 27. The other was won by the Norwegian firm Telenor. The announcement was made […]