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 […]

Myanmar to purchase more ocean liners

YANGON—Myanma Five Star Line will be purchasing three more ocean liners, according to MFSL deputy general manager Maung Maung Soe. As the national flag carrier of the Republic of the Union of Myanmar, MFSL now operates shipping services by running with 22 ocean-going vessels for domestic and foreign travel. “We are planning to buy three […]