Yangon Stock Exchange needs more time to succeed, experts say

THERE IS a long way to go for the Yangon Stock Exchange (YSX), which opened for trading late March, to achieve success and sustainability, capital market experts said at a panel discussion during the Myanmar Business Leaders’ Inaugural Summit last week, Aung Htun, managing director of Myanmar Investments International, an investment holding company listed on […]

First 10 months of 2014 sees US$50bn foreign investment in Myanmar

Foreign investment in Myanmar for the first 10 months of the year up until October stood at over US$50 billion, comprised of 29 companies from 11 countries, according to a press release of the Directorate of Investment and Companies Administration on November 11. South Korea and Singapore topped the list of countries that include Britain, […]

Myanmar’s Telecom Industry To Get $1B Foreign Investment (FDI) From Telenor, Ooredoo And Other Companies In 2014

Myanmar’s telecom sector is expected to be a rock star in terms of attracting foreign investment in the coming year, with about 20 percent of the $4 billion to $5 billion the Southeast Asian nation is projected to receive coming from Norway’s Telenor, Qatar’s Ooredoo and other foreign telecom firms. Telenor and Ooredoo were finally […]

Singapore tops list of foreign investors in Myanmar

YANGON—Singaporean companies have been expanding their investments in Myanmar sectors such as energy, construction, hotels and tourism, agriculture and the industrial sector, making it the largest foreign investor in the country, according to the Directorate of Investment and Company Administration (DICA). DICA’s statistics for last month show that overall foreign investment reached more than US$ […]