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Vietnam’s Viettel seeks to double Myanmar customer base – CEO

Vietnam’s largest telecommunication company, Viettel, is seeking to double its five million subscribers in Myanmar by the end of the year, its president and chief executive officer Le Dang Dung told Reuters an in interview on Friday. Viettel, whose $1.22 billion unit Viettel Global Investment is trading on the Unlisted Public Company Market, has also […]

Burmese Tobacco Trading Company Announces the Expansion of Tobacco Farmlands

Burmese Tobacco Trading Company announces that Myanmar Farms located in Pyin Oo Lwin, Myanmar (Burma) has now almost doubled their farmlands after their initial success and increased demand for their uniquely grown tobacco. Burmese Tobacco Trading Company looks forward to increasing their production of raw tobacco to be used for handmade premium cigars for the […]

A Cuba Reality Check, From Golf Course to Myanmar Towers

(Bloomberg) — For companies seeking Miami attorney Pedro Freyre’s advice on how to exploit President Barack Obama’s opening to Cuba, two stories may serve as cautionary tales. One concerns an 18-hole golf course that took a Canadian designer eight years to build near the island’s famed Varadero beaches. The second involves the rooftop cell-phone towers […]

U.S. Companies Investing in Myanmar Must Show Steps to Respect Human Rights

WASHINGTON — When the Obama administration lifted economic sanctions on Myanmar last year, encouraging American investments after decades of treating the nation as a pariah, it did so with a significant caveat. President U Thein Sein of Myanmar in the Oval Office in May, where he met with President Obama. For the first time, effective […]