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Opportunities for private equity still available, but investors more selective

Private equity investors are seeing no lack of opportunities in Myanmar and have no plans to change strategy when it comes to investing in the country, although heavy travel disruptions have made assessing new investments harder. The investors said COVID-19 has allowed them to spot the “camels” – companies that are resilient to tough business […]

Local energy firms, investors weigh in on solar project tender

Local energy companies are pessimistic about a recent government tender for Myanmar’s biggest solar power project. “There are some tall hurdles for local investors who wish to bid for the tender. The government should also consider local investors for the project but the terms and conditions rule out most Myanmar investors,” said U Kyaw Kyaw […]

Myanmar’s hasty solar tender draws criticism from investors

The Ministry of Electricity and Energy (MOEE) is being criticised by the business community over a recent tender for solar power, with key foreign investors pressing for more time to prepare bids and for tough conditions to be revised. The tender, issued by the ministry’s Electric Power Generation Enterprise (EPGE) on May 18, invites companies […]

‘It’s totally outrageous’: Investors urge review of solar tender

The Ministry of Electricity and Energy has issued a tender for 1,060 megawatts of on-grid solar power but given investors just a month to prepare bids at a time when they are unable to enter or travel around the country. By THOMAS KEAN | FRONTIER Investors and analysts have urged the government to extend the […]

Yangon Stock Exchange to open to overseas investors March 20

The exchange, known as the YSX, opened in March 2016 for trading only to Myanmar citizens. © Reuters YANGON — International investors will be able to invest in stocks listed on the Yangon Stock Exchange starting March 20, but the question lingers whether the thin liquidity on Myanmar’s only bourse will increase given the small […]

Mandalay’s business ‘match-making’ service gains traction

The Mandalay Region Chamber of Commerce and Industry’s effort to help foreign investors link up with local companies for possible cooperation is generating many enquiries, said U Okkar Kyaw, the group’s secretary. Many of the inquiries to the project, which was initiated at the end of January, concerned investment cooperation, he said. The chamber also […]

State-owned steel mill seeks investors

The Ministry of Planning, Finance, and Industry is seeking expressions of interest from both domestic and foreign investors interested in participating in the recommissioning of the Myingyan Steel Mill. The steel mill, located near Sar Khar village, Myingyan Township in Mandalay Region, is reported to have a production capacity of 1.8 million tonnes a year. […]

Chinese, Norwegian investors to study projects in Chin

Chin State government officials say that they have expressions of interest from foreign investors to invest in power-generation projects in the state. This was revealed to The Myanmar Times by Chin State Minister of Development, Electricity and Industry U Soe Htet. The state is among the least developed in the country and is also the […]

Thai Investors Eye Comprehensive Tourism Investment in Tanintharyi

Thai investors have shown interest in making comprehensive tourism investment in Kawthaung and Myeik archipelago, Tanintharyi Region, according to U Thant Sin Lwin, Deputy Director of the Directorate of Investment and Company Administration (DICA). “There are email inquiries asking how many islands and roads are in the archipelago,” said the official. “They also want to […]

Tanintharyi offers good potential for investors: officials

The Tanintharyi Region government is focusing on promoting investment in hotels and tourism, agriculture and livestock, fisheries, power, mining, and real estate to help boost its economy. This was revealed during the Region Investment Forum on December 7. The event organised by the region’s government and the Myanmar Investment Commission comes on the heels of […]