Hong Kong to Help Myanmar Set up a Gold Exchange

The operator of Hong Kong’s gold exchange is in talks to help the government of Myanmar establish a bourse in the country for trading the precious metal, according to Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society. “This is the right timing for Myanmar to establish a gold exchange as the […]

Reliance Industries signs PSC with Myanmar Oil & Gas Enterprise for two offshore blocks

MUMBAI: Reliance Industries has signed a production-sharing contract with Myanmar’s state-owned Myanmar Oil & Gas Enterprise for two offshore blocks that it bagged through competitive bidding in 2013, the Indian energy major said in a statement late Tuesday. Billionaire Mukesh Ambani-led Reliance Industries will be the operator of the blocks with a 96% participating interest. […]