Myanma Economic Bank, teaming up with six private banks will give K30 billion loans to small and medium enterprises (SMEs), according to Ministry of Industry. The country’s SMEs can acquire loans from the Myanma Oriental Bank, Ayeyawady Bank, from Co-Operative Bank (CB), commonly known as CB Bank, the Myanmar Citizens Bank, the Kanbawza Bank and […]
JCB to open Yangon Branch
July 6, 2016 by
CB International is cooperating with Myanmar Payment Union banks to issue JCB cards by the end of 2016 or as soon as next year, according to a press release from the group. As well as this partnership JCB is establishing a branch in Yangon under the subsidiary JCB International (Thailand) Co. Ltd. JCB will be […]
Thilawa SEZ price reductions aimed at property dealers
March 3, 2014 by
Plans to significantly reduce the price of land at the Thilawa Special Economic Zone are aimed as property dealers and will not harm to those already doing business. Win Aung, chairperson of the Thilawa SEZ Public Company, has announced plans to reduce land prices in the area by 30 percent to try and attract international […]
Aung Chantha to import heavy-duty vehicles from U.S.
February 13, 2014 by
YANGON – Myanmar construction company, Aung Chantha, is going to import and distribute Bobcat heavy-duty vehicles from the U.S. according to company director. Aung Chantha is one of Myanmar’s most promising companies dealing with leading brand construction equipment from Doosan Infracore. “The imported vehicles are weighted between at least three and half tons and eight […]
