Dealmaking excitement builds over beers in newly opened Myanmar

YANGON (Bloomberg) – A scorching May day in Myanmar calls for beers and loosened neck ties. At newly opened Harry’s Bar in Yangon, investors talk opportunities over draft lagers, jalapeno steak sliders and fries. Several private equity types and company executives are gathered around Ms Jasmine Thazin Aung, an energetic and bubbly Yangon-based executive director at […]

Myanmar sees FDI topping S$6.3 bln in 2014-15

YANGON – Myanmar has revised its forecast for foreign direct investment (FDI) to more than US$5 billion (S$6.3 billion) for the fiscal year that began in April, a senior official said on Tuesday, surpassing earlier expectations and led by new ventures in energy and telecoms. The figure exceeds an earlier estimate of US$4 billion, with […]