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Hayman Capital receives US$2 million debt capital from Symbiotics SA

5th February 2019, Yangon. Hayman Capital Co., Ltd has signed US$2 million term loan from a Switzerland social impact investor, Symbiotics SA. All regulatory approvals from the Central Bank of Myanmar and the Financial Regulatory Department of the Ministry of Planning and Finance have been received and the fund has been disbursed to support the […]

Yangon Stock Exchange looks for Belt and Road boost

The Yangon Stock Exchange, launched in December 2015, expects to enjoy indirect benefits from China’s Belt and Road Initiative as more Sino-Myanmar joint ventures are set up and demand for capital increases. “China is a major economic and trade partner with Myanmar. Myanmar’s enterprises need to grow together with their Chinese counterparts,” said Thet Htun […]

Why the visit of Myanmar’s military chief is important to New Delhi

The commander-in-chief of Myanmar defence forces, senior general Min Aung Hlaing, is currently on an eight-day tour of India. He is visiting numerous cities such as Gaya, Varanasi, Ahmedabad and Vishakhapatnam and will meet several military and civilian leaders. On 14 July in New Delhi, he is scheduled to meet Prime Minister Narendra Modi, defence […]

Armenians in Myanmar

YANGON, Myanmar — Myanmar is not the first destination that comes to mind while planning a vacation. It does not have the breathtaking skyline of Hong Kong or the amazing beaches of Thailand. It does not have the cultural gravitas of Paris or London. Until a friend had mentioned it, I had never thought much […]

Myanmar, ‘Golconda’ stones break records

A rare “pigeon blood” ruby has fetched a record $30.33 million (about Rs. 194 crore) at an auction by Sotheby’s in Geneva, while a rare pink diamond, which may have originated from the famous Golconda mines near Hyderabad, has been sold for $15.9 million (about Rs. 102 crore). At an auction of contemporary art in […]