Kanbawza Group eyes OTC market

Kanbawza Group is hoping to set up its own OTC market next year, with two of its entities already granted separate licences to operate as an underwriter and settlement bank for Yangon’s new stock exchange. The group is hoping to set up an OTC market early next year, and is looking for companies to collaborate […]

Shwe Taung launches $300m project in downtown Yangon

Shwe Taung Group of Companies yesterday launched a mixed-use project worth US$300 million in the centre of Yangon, demonstrating that the local conglomerate has shaken off its controversial past to emerge as a viable partner in the eyes of many international investors. Junction City, designed by DP Architects from Singapore, will include a five-star hotel […]

Microsoft seals murky Myanmar deal

IT giant Microsoft has signed an agreement of cooperation with Myanmar’s notorious Shwe Taung Group. In September, Microsoft also went into a partnership with the Kanbawza Group which has businesses ranging from precious minerals to banking. Greeting the news of the second-largest venture signed by Microsoft in Myanmar, the Financial Times carried the headline: “Microsoft […]

The NLD and a new dawn for old business

The past few days have been filled with casualties, as moguls hoping to re-take their seats in Nay Pyi Taw are expelled in favour of new faces. Some of the biggest names in business under the former regime – Yuzana Company’s U Htay Myint, Zaykabar’s U Khin Shwe, U Yan Win of A1 Group of […]

SEA Games songs to take public assessment in Myanmar

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 YANGON, July 9 (Xinhua) — A total of five songs will be chosen by taking public assessment for the upcoming 27th Southeast Asian Games to be hosted in Myanmar, official media reported Tuesday. Ten finalist songs in the shortlist have been selected from […]