Myanmar tycoon Serge Pun joins panel in North Korea

Influential Myanmar tycoon Serge Pun, owner of one of Myanmar’s largest conglomerates, is currently in North Korea as part of an exchange program organized by the Singapore-based CHOSON Exchange, an organization that brings professionals from around the world to connect with North Korean university students, institutions and officials. Serge Pun’s Yoma Strategic Group, listed on […]

Myanmar woos Asian tourists amid Rakkhine crisis

YANGON — These are anxious times for Myanmar’s tourism industry, as the country’s international reputation takes a battering. But shares in Myanmar tycoon Serge Pun’s Memories Group — which includes hotel construction and travel management services — have defied the uncertainty. The company’s shares have risen 12.3% since their January 5 debut to 0.32 Singapore […]

Yoma Strategic profits from equipment sales, KFC expansion in Myanmar

On October 27, Yoma Strategic, an affiliate of First Myanmar Investments Company (FMI), which is listed on the Yangon Stock Exchange (YSX), announced a strong set of financial results for the period ended September 30. The company announced revenues amounting to S$59 million for the six months to September 30, 2017, representing an increase of […]

Myanmar tycoon says economy neglected by Suu Kyi’s government

Myanmar tycoon Serge Pun, one of the wealthiest men in Asia, said on Thursday the government led by Aung San Suu Kyi has neglected the nation’s much-needed economic reform. Pun, head of property-to-banking conglomerate First Myanmar Investment 00001.YG, urged authorities to give more attention to growth in one of the region’s poorest countries. He said […]