UPP Gets MIC Nod on $46-m Power Plant

Singapore-listed conglomerate UPP Holdings Ltd said the Myanmar government has issued certificate of incorporation and the final form of permit to its power generation subsidiary to carry on a power plant project in the energy-starved Southeast Asian country. The new firm, UPP Power (Myanmar) Ltd, will see an investment of $46.511 million, approved by the […]

Unilever receives licence to open Myanmar branch

U.K-based multinational Unilever has been granted permission to open a branch office in Myanmar. The Directorate of Investment and Company Administration issued a temporary license to Unilever under services category through the one-stop service system last Wednesday. Established in 1930, Unilever is a consumer goods company which now distributes over 400 brands to 180 countries. […]