Sumitomo Corporation makes preparations for beginning Yangon Railway Station Project late 2019

Sumitomo Corporation, a Japanese company, is making preparations for beginning Yangon Railway Station Project at the end of 2019. “Sino Great Wall Company went bankrupt in China and U.S trade war and it stands number four ranking. Therefore, the bankrupt Sino Great Wall Company is substituted with Sumitomo Corporation. The Japanese company is trying to […]

Stock Exchange Expo runs in Myanmar’s Yangon

YANGON, Sept. 1 (Xinhua) — Yangon Stock Exchange (YSX) Expo-2019 was held in Myanmar’s Yangon for the third time on Sunday. Deputy Minister U Maung Maung Win of Planning and Finance called for all stakeholders’ continued efforts to attract more investors, fully protect investors and ensure market quality. The expo aims to attract potential investors […]

FDI jumps 77pc to US$2.3 billion in first half of 2019

Government-approved foreign direct investment (FDI) into the country stood at US$2.3 billion in the first-half of 2019, a 77 percent improvement from the same period last year when approved FDI came in at US$1.3 billion. According to statistics from the Directorate of Investment and Company Administration, Singapore was the top investor with US$1.3 billion and […]