Vietnamese firm FPT to help build payment system for Myanmar

YANGON – FPT Corp has been selected as the main investor of Myanmar’s national financial switching system. Under the memorandum of understanding signed between the group and the Myanmar Payment Union (MPU) on July 31, FPT Information System (FPT IS) – a member of the FPT Corporation – will start developing the financial switching system […]

S’pore realty developer acquires 50 percent stake in Vietnamese counterpart: report

Singaporean real estate and investment firm Rowsley Co. Ltd. has reached a deal to own a 50 percent stake in a Vietnamese company developing a complex worth over half a billion U.S. dollars in Myanmar, according to The Straits Times. Rowsley, partly owned by billionaire Peter Lim, who is one of the richest people in […]