Myanmar to Upgrade Livestock and Fisheries Sector for More Export to EU Market

YANGON, Nov. 25 (Xinhua) — Myanmar will implement an upgrading program for the country’s livestock and fishery sector in cooperation with European Union (EU) and German state-owned organization GIZ, according to the ministry of agriculture, livestock and irrigation of Myanmar Friday. U Khin Maung Maw, a director general from Myanmar’s fishery department and Dr. Pefra […]

AIIB Looks Forward to Promoting Infrastructure in Myanmar: President

President of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun said here on Tuesday that the AIIB is looking forward to promoting infrastructure in Myanmar. A delegation from the AIIB led by Jin Liqun is visiting Myanmar. Speaking to the press in Nay Pyi Taw after meeting with Myanmar State Counselor Aung San Suu Kyi, […]

Thailand, Singapore eye in Myanmar’s solar energy sector

Two companies from Thailand and c have submitted proposals to Myanmar Investment Commission(MIC) to implement solar energy power projects in upper Myanmar, U Than Aung Kyaw, Deputy Director General of Directorate of Investment and Company Administration (DICA), told Xinhua at a press conference on Monday when asked. According to the proposal, Thai company has plan […]

Laos to share hydropower development expertise with Myanmar

VIENTIANE, Aug. 13 (Xinhua) — A hydro-electric-powered energy revolution has been afoot in South-East Asia over recent years with the movement of fresh and fast-flowing waters increasingly fueling the consumption of larger amounts of energy resources to spur socio-economic development, poverty reduction and improvements in both urban and rural areas. The region’s most diminutive nation […]

Third listed company postpones IPO on Myanmar’s Yangon Stock Exchange

YANGON, July 27 (Xinhua) — Myanmar Citizens Bank, the likely third listed company on Yangon Stock Exchange (YSX), would not start trading in July due to the bank’s unreadiness, U Thet Htun Oo, senior executive manager of YSX, told Xinhua Wednesday. The bank will hold the annual meeting with shareholders on July 30, then there […]

Myanmar’s Mandalay to implement 7-year water treatment plan

YANGON, July 4 (Xinhua) — Myanmar’s second largest city of Mandalay will implement a waste water treatment plan which will start this fiscal year and take seven years to complete, official report said on Monday. The plan will be launched with a loan of 70 trillion kyats (60 million U.S. dollars) from the Asia Development […]

China offers $11.5 billions in loans, credit to Southeast Asia

China will offer $11.5 billion (£8.1 billion) in loans and credit lines to five Southeast Asian countries for infrastructure and other projects, Premier Li Keqiang said on Wednesday. In 2014, Li offered $20 billion in loans to Southeast Asia, while visiting Myanmar to attend an East Asian summit, an attractive proposition for a region struggling […]

China stands third largest investor in Myanmar’s e state

China stands the third largest investor in Myanmar in real estate since 1988, U Kyaw Win Tun, director of Directorate of Investment and Company Adminstration (DICA), told Xinhua Saturday. Myanmar’s real estate sector is one of the most interested sectors for foreign investors. Among them, China is the third largest investor. China’s investment amounted to […]

Myanmar to announce underwriter licensees next month

Myanmar to announce underwriter licensees next month YANGON, May 28 (Xinhua) — Myanmar’s Securities and Exchange Commission will announce winners of underwriters’ licenses next month as part of its process in establishing the country’s first ever stock exchange, official media reported Thursday. So far, 20 private security companies out of 57 have applied for underwriters’ […]

Realtors in Myanmar seek to build up property business network

YANGON, May 3 (Xinhua) — Realtors in Myanmar gathered here recently to seek ways of building and strengthening a network among the nation’s real estate industry business amid slumping property market. Real estate agents, brokers and other industry figures urged the government to issue licenses for real estate brokers, draft a real estate law and […]