YSE: $20 billion worth of Market Capitalisation by 2022

The Yangon Stock Exchange (YSX), set to open in October this year, is to see up to US$20 billion in Market Capitalisation as well as trade volume of US$10 billion per year, said Dr Aung Thura, CEO of Thura Swiss during the ASEAN- Myanmar forum held on March 23 at the Park Royal Hotel, Yangon. […]

Business hub sets up shop in Dagon

The York Center office building on Yangon’s Yaw Min Gyi Street aims to open its door this month, offering minimum six-month leases to firms looking for office space. Scipio Services has agreed to a management services agreement with the property owner, rather than developing the project through a long-term lease on Build-Operate-Transfer terms often employed […]

Thailand firms discuss investing in Myanmar’s hotel industry

YANGON—More than 20 companies from Thailand have begun discussions regarding possible cooperation in a joint venture with Myanmar’s hotel services. The discussions occurred during a meeting between the Ministry of Hotels and Tourism and Thai business people held at the Park Royal Hotel in Yangon on Saturday (March 22). During the meeting, about 100 Myanmar […]

MTN and Singapore-based MTH to build mobile towers

Myanmar Telecommunication Network (MTN) and Singapore-based Myanmar Towers Holdings (MTH) have signed MoU to construct communication towers. The agreement was signed on Tuesday at the Park Royal Hotel in Yangon and the two companies plan to establish a joint venture to construct mobile towers and wireless communication services. “We know that Myanmar has four communication […]