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Bangladesh’s policymakers should get to the bottom of low FDI

Policymakers should find the reasons behind the low inflow of foreign investment to Bangladesh despite a number of agencies’ efforts to boost receipts, said a top official of an investment agency yesterday. “We have a number of organisations and yet foreign investment inflows are no more than $2.5 billion,” said Paban Chowdhury, executive chairman of […]

Sales for The Peninsula Residences Yangon announced

Yoma Strategic Holdings Ltd. along with its partners, First Myanmar Investment Company Limited and The Hong Kong and Shanghai Hotels, Limited (HSH) have jointly announced the launch of sales for The Peninsula Residences Yangon, according to a press release. Located in the historic heart of downtown Yangon , at the point where Sule Pagoda Road […]

Myanmar seeks Malaysian FDI in energy, plantations

MYANMAR is seeking more foreign direct investment (FDI) inflows from Malaysia to help develop its key economic sectors. Malaysian conglomerates have been called to capitalise on the country’s increasing demand for electricity and vast areas of untapped land by bidding for energy projects and expanding oil palm cultivation capacities in Myanmar. Former Deputy Finance Minister […]

Yoma Strategic Holdings Ltd’s Latest Chairman Letter: 3 Things Investors Should Know About Its Growth Opportunities

Yoma Strategic Holdings Ltd (SGX: Z59) is a conglomerate that focuses on Myanmar. It has business interests in a wide variety of sectors in the country, such as real estate development, agriculture, tourism, vehicle distribution, and food and beverage retail. In Yoma Strategic’s latest annual report for its fiscal year ended 31 March 2017 (FY2017), […]

MOSB – the first foreign company to build an oil and gas supply base

MOSB Limited (MOSB), has received approval from the Myanmar Investment Commission (MIC) on 11July, 2017 to build and operate a supply base in Mon State, with the endorsement from the Ministry of Energy. The establishment of a supply base will support the fast-growing oil and gas industry in Myanmar and provide necessary infrastructure, health, education […]

Oxley to Develop High-End Condominium in Myanmar

Ching Chiat Kwong, executive chairman and CEO of Oxley Holdings, said at a media briefing on Tuesday their property, entitled “Min Residences”, would be the first property in Myanmar to be introduced with more than 60 fitness, wellness and recreational facilities. “We are confident that the property market will see an upswing after the market re-adjustment […]

Yoma diversifies in booming Myanmar market

SINGAPORE — Singapore-listed conglomerate Yoma Strategic Holdings is planning to expand into education, agriculture and logistics in a bid to capture emerging business trends and diversify its income stream in Myanmar, a booming frontier market. The conglomerate, which has a portfolio that currently focuses primarily on real estate, yesterday announced plans to develop several educational […]

Eric Schmidt praises Myanmar’s mobile efforts, but says North Korea hasn’t called back

Google’s Executive Chairman, Eric Schmidt, was at the Chinese University of Hong Kong earlier today to launch a local entrepreneurship program with the institute. As a man who believes in free and open internet to aid startups and innovation, the exec was happy to give an update on North Korea and Myanmar since he last […]