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PTTEP confirms its commitment to Myanmar oil and gas

PTTEP reaffirmed its commitment to the development and growth of Myanmar’s oil and gas industry at the Offshore Technology Conference Asia 2018 this week. Despite the exploration and development challenges in Myanmar’s oil and gas sector, opportunities for successful discovery and production can be captured with the effective use of innovation and people, said Mr. […]

Pharmaceutical Companies From Indonesia, Myanmar Establish Joint Venture

Jakarta (ANTARA News) – Indonesian pharmaceutical company PT. Phapros Tbk, a subsidiary of PT Rajawali Nusantara Indonesia (RNI), and Myanmar`s pharmaceutical firm Medi Myanmar Group have established a joint venture to develop the business of pharmaceuticals and medical devices. According to a statement from PT. Phapros Tbk received by ANTARA here on Friday, the cooperation […]

OTC market for Thilawa shares due in 45 days, Win Aung says

Over-the-counter sales of shares in the Thilawa Special Economic Zone will be launched within 45 days, according to tycoon Win Aung, chairperson of Myanmar Thilawa SEZ Holding Public Co Ltd. Win Aung, who is also the president of the Union of Myanmar Federation of Chambers of Commerce and Industry, said the OTC market “will sell […]

OTC stock market for Thilawa SEZ to open

The over-the-counter stock market for Thilawa Special Economic Zone will be launched later this year according to the chairperson of the Thilawa SEZ. “The counters will open at public areas for easy access to information and inquiry. The counters are opened to sell shares because there is no stock market yet. We will expand the […]

Experts recommend OTC market for Myanmar

Some stock exchange experts have recommended that Myanmar establish the over-the-counter (OTC) market for stock trading, aside from the formal stock exchange. “Although there are 200 public companies in Myanmar, only five of them will be listed on the stock exchange. The transactions of other companies’ shares can be done on the OTC market,” said […]