Mandalay Brewery’s JV with Kirin approved as market heats up

THE Myanmar Investment Commission (MIC) has approved a proposal by Mandalay Brewery, which is a subsidiary of Myanma Economic Holding Limited (MEHL), to operate a joint venture (JV) with Japanese brewer Kirin Holdings. Under the JV, US$9 million will be invested to upgrade the quality of machinery and beer at Mandalay Brewery, said U Hla […]

SHL Eyes Myanmar Affordable Housing Market

KUALA LUMPUR (Aug 24): SHL Consolidated Bhd’s joint venture (JV) with Japan-based Marubeni Corp is looking at tapping into Myanmar’s affordable housing market, in line with their business venture across the Association of Southeast Asian Nations (Asean) region. SHL executive director Datuk Seri Yap Chong Lee said the JV planned to leverage areas where Marubeni […]

Daibochi Plastic secures regulatory approval for Myanmar JV

Daibochi Plastic and Packaging Industry Berhad has secured regulatory approval from the Myanmar Investment Commission (MIC) for its joint venture (JV) company, Daibochi Packaging (Myanmar) Company Limited (DPM), to commence operations. The company said in a press statement today that DPM is a JV between its wholly-owned subsidiary, Daibochi Flexibles Sdn Bhd and Myanmar Smart […]

XMH hopes to enter Myanmar through JV with local partner

XMH Holdings Ltd, a diesel engine, propulsion and power generating solution provider in the marine and industrial sectors, is hoping to make inroads into Myanmar through a joint venture. The joint venture company, formed with Myanmar Marco Polo Co Ltd (MMP), will manufacture, assemble and sell generator sets and related products in Myanmar, as well […]

Thai e-wallet platform provider joins hands with Myanmar retailer

T2P Deep Pocket, Thailand’s fastest-growing e-wallet platform provider, has formed a joint venture with City Mart Holding, the leading modern retail chain in Myanmar. A joint venture agreement between them was signed during a Myanmar-Thailand cooperation mission presided over by Myanmar State Counsellor Aung San Suu Kyi and Deputy Prime Minister of Thailand Dr Somkid […]

Railway Enterprises Bleeding Money, Gov’t Aims to Privatise

Myanma Railways-owned enterprises will be privatised step by step, according to an official from the state-run organisation. “We are unable to make profit in some of our operations. So we will prioritise these for privatisation,” said U Arkar Min, commercial manager of Myanma Railway Division (7). “In order to get into the public-private partnership (PPP) […]

Myanmar company with Gold & Jade Mining Plots and Permit is looking for business partners

Our Myanmar client is a looking for business partner for Gold Mining (20 acres at Sagaing Division) and Jade Mining (15 acres in Kachin State). Our client has the necessary government permits and is looking for a JV partner with capital. Interested investor please fill up the form here .

Securities bond firms can set up JV with foreign partners

Local companies dealing with securities bonds can set up a joint venture with foreign partners if they want to, according to Myanmar Securities Exchange Commission (MSEC). The Yangon Stock Exchange is set to be established before October this year. “We will allow both the 100 per cent citizen ownership and joint venture with foreign partners […]

Myanmar allows investment by 16 local, foreign companies in October

YANGON, Nov. 5 (Xinhua) — Myanmar allowed 12 local companies and four foreign firms to make investment in the country last month, the Directorate of Investment and Company Administration said on Wednesday. Of the 12 national-owned companies, two are expected to invest in local and foreign air transportation services, while others will build and run […]

List of Pre-Qualified Applicants for JV in the Jet-Fuel Business with Myanmar Petroleum Product Entreprise

Subscribe to our tender alert mailing list Ministry of Energy Myanma Petroleum Products Enterprise The List of the Prequalified Applicants for Joint Venture in the Jet Fuel Business Date: 26-6-2014 Sky Tanking Holding GmbH Singapore Petroleum Co., Ltd. Puma Energy Group Pte. Ltd. Bangkok Aviation Fuel Services Public Co., Ltd. KT Energy Q8 Aviation BB […]