10 Thursday May 2018
Posted in Myanmar Highlights - 2018, Uncategorized
Representative from the Governments of Japan and Myanmar have commenced negotiations with regard to potentially reviving the failed Hanthawaddy International Airport project. Read more…
09 Wednesday May 2018
Posted in Myanmar Highlights - 2018, Uncategorized
Tags
Gas, joint venture, LPG, MPE, Myanmar
Asia AVA Gas Company Limited (AVA Gas) has entered into a joint venture with Myanmar Petrochemical Enterprise (MPE), to establish a new joint-venture company to import, store and distribute liquefied petroleum gas (LPG) in Myanmar. Read more…
08 Tuesday May 2018
Posted in Myanmar Highlights - 2018, Uncategorized
The Myanmar Government is to hold a public consultation on Myanmar’s new draft Insolvency Bill (Myanmar Insolvency Bill). It is anticipated the Myanmar Insolvency Bill will replace three older laws and introduce a new regime for corporate and personal insolvency in Myanmar. Read more…
07 Monday May 2018
Posted in Myanmar Highlights - 2018, Uncategorized
With a view to boosting capacity by a third, Asia World Port Terminal (Asia World Port), one of Yangon’s main city terminals, has purchased new equipment that will enable containers to be stacked seven high as opposed to the current maximum of five high which. Read more…
04 Friday May 2018
Posted in Myanmar Highlights - 2018, Uncategorized
Myanmar Investments International Limited (MIL or the Company), the Myanmar focused investment company, has announced that its microfinance joint venture, Myanmar Finance International Limited (MFIL), has secured a US$6 million, Kyat-denominated loan facility (approximately Kyat 8 billion) from Yoma Bank Limited (Yoma Bank), one of Myanmar’s leading banks. Read more…
27 Friday Apr 2018
Posted in Myanmar Highlights - 2018, Uncategorized
Yangon Industrial Gas (Thilawa) Co Limited (YIG Thilawa) is to invest approximately US$14.3 million to establish a manufacturing facility in the Thilawa Special Economic Zone (Thilawa SEZ). Read more…
25 Wednesday Apr 2018
Posted in Uncategorized
Myanmar engineering company Great Hor Kham Public Company Limited (Great Hor Kham) has announced it is in the process of finalising a power purchasing agreement with the Myanmar Government and intends to apply to list on the Yangon Stock Exchange (YSX) before the end of 2018 to raise a proportion of the funds required to develop a 20MW hydropower project in Muse, Shan State. Read more…
24 Tuesday Apr 2018
Posted in Myanmar Highlights - 2018
Myanmar’s Oway Group (Oway) has raised US$14.7 million from a number of international investors including Daiwa PI Partners Co Limited (Daiwa) and the International Finance Corporation. Daiwa PI Partners, a subsidiary of Japan’s Daiwa Securities Group, contributed US$5 million in exchange for a stake in Oway Pte Limited. Read more…
23 Monday Apr 2018
Posted in Myanmar Highlights - 2018
Tags
The Ministry of Electricity and Energy (MOEE) will review and revise certain of the standard terms and conditions of its onshore oil and gas contracts (PSC’s) prior to inviting bids as part of its next onshore tender round. Read more…
20 Friday Apr 2018
Posted in Myanmar Highlights - 2018, Uncategorized
Tags
Yoma Bank Limited (Yoma) and local microfinance institution Maha Agriculture Public Co Limited (Maha) have announced the completion of a Kyats 3.5 billion (or approximately US$2.6 million) funding agreement to support Maha’s lending activities in Myanmar. Read more…
