Myanmar’s newspapers folds on losses

YANGON – Pyi Myanmar Daily, owned by Swe Sone Media Group, will temporarily stop publishing on June 6, the day it marks three years in print. The announcement, while thanking its readers, said it was making losses and facing other difficulties. It would cease publication to work out a new distribution approach and a fresh […]

Loihein, Asahi to invest $46 mln to produce soft drinks in Myanmar – Voice Daily

Myanmar’s leading drinks producer Loihein Co and Japanese beverage giant Asahi Group Holdings will invest $46 million to produce and distribute soft drinks in Myanmar, the Voice Daily reported, citing an official from the Myanmar Investment Commission. Source: REUTERS