Mercedes-Benz builds the new car market

Well-known German automaker Mercedes-Benz is working to find what cars click with local consumers. It has imported about 20 different models in the two years since it opened its first showroom in Myanmar. U Aung Thet Lwin, head of sales and marketing at Cycle & Carriage Automobile Myanmar, the local distributor of Mercedes-Benz, said that […]

SGX-listed Yoma’s consortium succeeds in tender for management of Myanmar’s Mandalay Airport

Yoma Strategic Holdings, a Myanmar focused, Singapore-listed company primarily involved in real estate, said on Monday that a consortium it formed with two Japanese companies, Mitsubishi Corporation and JALUX Inc., has been selected by the authority of Myanmar as the successful tenderer to “upgrade and operate” the Mandalay International Airport. The consortium is also invited […]

MJL Bangladesh forms joint venture in Myanmar

MJL Bangladesh has become the first local company to explore the untapped Myanmar market by setting up a joint venture company in the once isolated country. The company got the chance after the central bank recently allowed capital investment outside Bangladesh, a long-awaited demand of the Bangladeshi businesspeople. The joint venture company — MJL & […]