Myanmar’s First Private Pharmaceutical Factory Opens in Dagon Seikkan Township

Myanmar’s first privately owned pharmaceutical factory opened its doors in Dagon Seikkan Town­ship, Yangon on the third week of July. Located in Industrial Zone 1, Pacific Medi­cal Industries Limited’s (PMI) facility is a two-story building that in­cludes offices, a quality control area, and a mas­sive 16,630 square meter manufacturing floor. In an effort to relieve […]

Crop insurance to soon be offered

Crop insurance, which is of vital importance in agro-centric Myanmar, will soon be available to farmers who must regularly risk floods and other natural disasters that could potentially wipe out their harvest and their income for the season. A supervision committee on private insurance enterprises announced that private insurance companies established after 2013 will be […]

Indonesia Wijaya Karya team up with UMG to explore Myanmar

Indonesian publicly listed construction company PT Wijaya Karya will set up a joint venture company with Myanmar’s United Mercury Group (UMG) to help expand its business overseas. Wijaya Karya foreign affairs department manager Destiawan Soewarjono said on Thursday they would construct a precast factory and work on big infrastructure projects in Myanmar through the joint […]