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Myanmar company, Naga supplier sign MoU

A Memorandum of Understanding (MOU) was signed between Kaung Myat Mingalar Company Limited (KMMC) and contractor & supplier from Nagaland, D. Yongnyak on July 26 in Kolkata regarding supply of organic goods from Nagaland to Myanmar. A press release from KMMC project director U Yan Fa Kyauk stated that this year alone five MoUs have […]

Resident foreigners will be permitted to trade on YSX

Foreigners residing in Myanmar will be permitted to buy shares on the Yangon Stock Exchange (YSX) from August 1, when the Myanmar Companies Law is scheduled to be enforced, U Thet Tun Oo, senior executive manager at the YSX, told The Myanmar Times on Monday. The Securities and Exchange Commission Myanmar (SECM) will release a […]

First low-cost housing to be built in Mogok

The Infrastructure of Myanmar Company is planning to build a low-priced housing project in Mogok township, Mandalay Region, says company chair U Than Oo. The project, which includes 80 five-storey buildings with a total of 2560 apartments, will be built on a 23-acre privately owned plot in Yaypu village, aiming to help residents own their […]

Mawlamyine Tap Water to be Piped by Thai JV

The distribution of drinking water in Mawlamyine in Myanmar’s Southeastern Mon state will be assigned to a joint venture between a Thai and a Myanmar company, a source from the Mon State Development Committee said. The Thai company has been chosen for the joint venture but is yet to be publicly named. Currently, the State […]

Myanmar Company plans Thai listing

A tourism-related firm in Myanmar with expected market capitalisation of 10 billion baht is poised to raise funds from a primary listing on the Thai stock market in 2016. Twin Pine Consulting is the financial adviser, managing director Adisorn Singhsacha said yesterday. The company is considering fund-raising options for the Myanmar company. The Securities and […]