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Sumitomo Corporation makes preparations for beginning Yangon Railway Station Project late 2019

Sumitomo Corporation, a Japanese company, is making preparations for beginning Yangon Railway Station Project at the end of 2019. “Sino Great Wall Company went bankrupt in China and U.S trade war and it stands number four ranking. Therefore, the bankrupt Sino Great Wall Company is substituted with Sumitomo Corporation. The Japanese company is trying to […]

Japanese company launches first phase of cold-storage facility in Yangon

Japanese company Fukuda & Partners Co Ltd (F&P) has launched what it says is the first logistics facility with refrigerated and cold storage facilities in Yangon City. F&P specialises in project management of architectural design and construction for logistics and commercial facilities. F&P started work on the development of a logistics and office space project […]

Japanese company to conduct feasibility study on new waste disposal method in Monywa

Japan’s Fujita Company will study the feasibility of implementing a new waste disposal system in Monywa in July, said U Thit Htoo Myint, the Director of Sagaing Region’s Municipal Committee. “Monywa produces about 150 tons of garbage a day. The current system of waste disposal will damage the environment. Additionally, there is only limited space […]

Japanese company opens US$5m factory

Oshimanoki, a 100-year-old Japanese producer of rice processing machinery, has officially opened its first factory to produce such machinery in the Thilawa Special Economic Zone (SEZ). The factory is said to be the first of its kind in the country. During the opening ceremony of the US$5 million factory on Thursday, executives said they are […]

EU’s threat to scrap trade preferences spurs Myanmar’s reforms

Economic reform is getting a second wind in Myanmar as the government tries to lure back foreign investors scared away by reports of human rights abuses against the country’s Rohingya Muslim minority. The government has announced the easing of restrictions on foreign banks and the creation of a new ministry to oversee foreign investment in […]

Myanmar, Japan-involved consortium to build high structure in Yangon

YANGON, Oct. 7 (Xinhua) — Myanmar Pharmaceutical Industrial Enterprise (MPIE) and a consortium of two local Myanmar companies and a Japanese company on Saturday signed an agreement to build a high-rise structure on the land owned by MPIE in Tamway, Yangon, the official Global New Light of Myanmar reported Sunday. The consortium, named NSKRE Residence […]

Japan’s Acecook to start instant noodle production in Myanmar in 2017

OSAKA — Acecook plans to begin making instant noodles in Myanmar in summer 2017. By switching from imports to local production and offering soups more akin to local tastes, the Japanese company hopes to win a 10% share of Myanmar’s growing market for instant-noodle products by 2020, selling the equivalent of 100 million servings a […]

Kubota to build farm machinery assembly plant in Myanmar

YANGON — Kubota will construct an agricultural machinery assembly plant near Yangon, capitalizing on surging demand as Myanmar modernizes a core industry. The plant will be the Japanese company’s first major production center in Myanmar. It will be located in an industrial park set up in the Thilawa special economic zone by a Myanmar-Japan partnership […]

MPT, Line Team Up to Provide Free Service

MPT has collaborated with Line Messenger application to provide free internet service for the application during August and September. “The collaboration with Line is part of a long-term plan. MPT will absorb these costs,” said Takashi Shigeno, marketing director for KDDI, the Japanese company that has formed a joint venture with MPT. Users using MPT’s […]

Hitachi forms joint venture to make and export transformers

Japanese company Hitachi Industrial Equipment Systems (HIES) will invest US$45 million to build a transformer factory, through a partnership with local company Soe Electric and Machinery (SEM), said the president of Hitachi, Masakazu Aoki. He made the announcement at a press conference in Yangon on July 7, where a joint venture between the two companies […]