Yoma and Sumitomo partner up

Yoma Strategic Holdings has entered into a proposed joint venture with Japan’s Sumitomo Corporation to distribute Hino trucks in Myanmar. Hino, a Toyota group company, manufactures medium- and heavy-duty trucks and buses, and is a market-leader in Japan. Andrew Rickards, Yoma Strategic’s chief executive, said the proposed joint venture would benefit both the logistics and […]

Philips Links With Partners to Light Up Myanmar

YANGON — Dutch electronics giant Philips has teamed up with local partners to bring more of its products to Myanmar, as the brand looks to take advantage of the Southeast Asian nation’s growing demand for lighting. In a ceremony in the former capital Monday, the 120-year-old firm signed up with three companies who will distribute […]

China’s Huawei market leader in mobile handset in Myanmar

Chinese telecom companies are enthusiastic about Myanmar’s efforts to boost its underdeveloped telecom market, said a high-level manager at the Myanmar branch of a top Chinese telecom company. “The inflow of top telecom operators from all over the world creates a brilliant opportunity to upgrade the country’s telecom sector,” said Ren Geng, managing director of […]