THE US Treasury’s tweaking of its Myanmar sanctions this week will boost trade and investment in the Southeast Asian country, and signals support for the mandate of the new civilian government led by Aung San Suu Kyi, writes Eric Yep. Entities close to the former military junta are still under sanction. But at the same […]
yangon-opens-new-air-terminal
ANGON, 8 March 2016: A new international terminal at Yangon airport is scheduled to open this week to relieve passenger congestion at the country’s main international gateway. Myanmar Times said the terminal should open 12 March according to Asia World Group, whose subsidiary Pioneer Aerodrome Services is the building contractor. The USD660 million, three-storey building will […]
Companies prepare for Yangon Stock Exchange listings next year
Preparations are underway for the first companies to attempt a listing on the Yangon Stock Exchange early next year, though progress is slower than expected, as only the name of one securities company has so far been announced. The names of six companies that meet – or are close to meeting – listing criteria issued […]
Luxury project planned in Ngwe Saung
A Hong Kong-Myanmar joint venture plans to build a luxury mixed use development aimed at high net worth individuals, to the south of Ngwe Saung village in Ayeyarwady Region. The project will include hotels, residential units, 20 kilometres of white sand beach, a jetty and a golf course. Hong Kong based H&Co Real Estate Holdings […]