Yoma Strategic Bullish on Myanmar Prospects

Yoma Strategic chief executive Melvyn Pun is confident about the firm’s future despite a sharp drop in its stock price earlier this month. Yoma released stellar second-quarter results on Nov 8 but its shares fell from 59 cents to 51 cents – a drop of more than 13 per cent – between Nov 11 and […]

New MPs to inherit host of issues in Myanmar

Rookie MP Tin Ko Ko Oo spends his free time poring over training manuals, learning English and studying a much-thumbed Burmese-English copy of Myanmar’s Constitution. “It’s like going back to university, but not as easy,” he said in his modest office allotted to MPs in a leafy compound in Naypyitaw. “Now we have responsibilities; we […]

S’pore realty developer acquires 50 percent stake in Vietnamese counterpart: report

Singaporean real estate and investment firm Rowsley Co. Ltd. has reached a deal to own a 50 percent stake in a Vietnamese company developing a complex worth over half a billion U.S. dollars in Myanmar, according to The Straits Times. Rowsley, partly owned by billionaire Peter Lim, who is one of the richest people in […]