Firm to bring big screens to small towns

Movie-loving Myanmar is suffering from a dearth of cinemas, which local firm MAZE is hoping to remedy. The company is kicking off a K20 billion two-year project to build 100 theatres across different states and regions. There were more than 400 cinemas nationwide in the early 1980s, but by the 2010s this had dropped to […]

MMPD to Sell 70,000 Shares

The Myanmar Motion Pictures Development Public Co Ltd (MMPD) is planning to sell 70,000 shares to private investors and individuals working in the industry, managing director of the firm U Mg Mg Oo said. The shares will be offered at K10,000 each. “More than 70,000 shares, worth over K700 million, will be sold. This is […]