2014 Promises to Be a Boom Year for Myanmar’s Gas and Oil Industry

Myanmar will be the focus of attention in the international oil and gas industry in 2014 as a batch of major offshore exploration licenses are awarded and more blocks are expected to be put up for foreign bidding. Against that background, Myanmar is to host two major international oil industry exhibitions in Yangon to attract […]

Speculation-driven land prices stunting Myanmar hospitality sector

Though Yangon is moving rapidly towards the milestone of a million visitors a year, investment in Myanmar’s hospitality sector has fallen well short of forecast growth, mainly because of speculation-driven land prices. According to a report by consultancy C9 Hotelworks, foreign direct investment into hospitality assets remains sidelined in many cases with concerns over the […]

Myanmar’s stock exchange facing delays

Myanmar is running behind schedule for starting a stock exchange by 2015 after delays in getting the legal framework in place, said an executive at Japan Exchange Group Inc., which is assisting on the project. “We’re pressed for time,” Koichiro Miyahara, senior executive officer at Japan Exchange, said in an interview in Tokyo on Aug. […]