Joint venture to invest Ks 32 billion in stock exchange

A joint venture between Japan’s Daiwa and a local Myanmar company still to be disclosed will invest Ks 32 billion to establish a stock exchange in Myanmar. The Deputy Minister for Finance Maung Maung Thein told media on Saturday that the Myanmar company will retain 51 percent shares while Daiwa will retain the rest. “The […]

New floating hotel to be opened next month

YANGON—Construction of the “Vintage Luxury” floating hotel in Botahtaung Township is nearly complete and the hotel will open in January, sources say. “Decoration of the outer parts of the hotel is finished. We are now decorating the inner parts (of the hotel). We expect to open it in late January,” said a spokesperson of Hla […]