Myanmar energy firm plans $35m investment

DRIVEN by its vision to become an innovative leader in Myanmar’s growing energy sector, locally-owned Parami Energy Group of Companies plans to invest US$35 million (Bt1.15 billion) in its LPG (liquefied petroleum gas) business over the next three years, according to Group CEO Ken Tun, aka Pyae Wa Tun. He told a media roundtable on […]

MasterCard and China UnionPay acceptable at Ayeyarwady Bank ATMs

MasterCard and China UnionPay cards can be used for local cash withdrawals at the Automated Teller Machines (ATMs) of the locally owned Ayeyarwady Bank throughout Myanmar as of Tuesday this week, company sources say. “We are very pleased to announce that Ayeyarwady Bank is ready to accept MasterCard and China UnionPay cards for ATM local […]