Yoma Strategic and Norfund to build distributed power networks in Myanmar

Yoma Strategic Holdings Ltd. has announced its partnership with Norfund, a Norwegian state-owned investment fund, to establish distributed generation micropower plants and mini grids for the purpose of generating and distributing electricity to off-grid rural communities and telecommunications towers in Myanmar. According to a statement, electricity infrastructure development is a priority for Myanmar to drive […]

Pulse of the future: pilot trading program begins

Beans and pulses traders have begun a pilot program selling futures contracts, as business leaders look to develop a futures market for commodities in the country. Currently most agricultural commodities in Myanmar are sold “on the spot” for immediate delivery, but introducing futures contracts means an agreement to sell a commodity would come on one […]