Infrastructure, agriculture sectors at risk of slower investments The infrastructure and agriculture sectors could take a hit as a result of the current state of emergency in Myanmar, which could slow economic growth and investment flows into the country, Fitch Solutions said in a report. The research firm on February 1 downgraded its economic growth […]
Singapore tops FDI list in Myanmar in Q1
January 18, 2021 by
Singapore is the top source of foreign direct investments into Myanmar in the first quarter of the current financial year 2020-2021, according to the data released by the Directorate of Investment and Company Administration (DICA). The six Singapore-listed enterprises brought in US$161 million into Myanmar between October and December 2020. Singapore companies mainly put investments […]
COVID-19 has allowed us to look at new business models: YGA Capital’s Ko Ko
December 4, 2020 by
The National League of Democracy’s resounding victory in Myanmar’s national elections this month, ensuring that Aung San Suu Kyi serves a second five-year term, is set to stimulate stronger investor confidence in the country. While deals are set to pick up in key sectors such as infrastructure, healthcare, and education, the country offers opportunities in […]
Myanmar citizens raise investments in the country despite pandemic
November 16, 2020 by
Despite COVID-19, Myanmar citizens’ investments across the regions and states for fiscal 2019-20 amounted to over K1.88 trillion, which is around K200 million higher than in the previous fiscal year, said U Thant Sin Lwin, Director General of the Directorate of Investment and Company and Administration (DICA). Approval was given to over 130 Myanmar businesses […]
Myanmar expect more US investments in telecommunications
November 2, 2020 by
The United States may increase its investments in energy, telecommunications, tourism, and natural gas production sectors following a discussion to cooperate in Myanmar beyond the COVID-19 pandemic, said U Maung Maung Lay, chair of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). The development comes after a delegation led by Mr […]
Myanmar FDI approval misses target, but huge projects expected this year
October 14, 2020 by
Myanmar saw US$5.7 billion worth of foreign direct investments (FDI) approvals during fiscal 2019-20, just around US$100 million shy of its US$5.8 billion target, said U Thant Sin Lwin, Director General of Directorate of Investment and Company Administration. The shortfall was due to the COVID-19 pandemic, which hampered the flow of investments into Myanmar since […]
FEATUREDIndia, China Take Their Confrontation From Ladakh To Myanmar
October 12, 2020 by
With the India-China locking horns on the border, the neighbouring countries in the region could play a key role, and both New Delhi and Beijing are vying for their support. After Hypersonic Missile, Indian DRDO Tests Another ‘SMART’ Weapon China’s increasing clout in the region through its Belt and Road Initiative (BRI) is already reaping […]
Singapore tops source of FDIs in Myanmar in 2020-2021FY
October 12, 2020 by
Singapore has remained as the top source of foreign direct investments into Myanmar in the current financial year 2019-2020, according to data released by the Directorate of Investment and Company Administration (DICA). The 20 Singapore-listed enterprises brought in US$1.85 billion into Myanmar in the past financial year 2019-2020. Singapore companies mainly put investments into urban […]
Development of the Korean industrial project to begin in December
September 17, 2020 by
Construction of the Korea-Myanmar Industrial Complex (KMIC) will commence in December despite the COVID-19 pandemic, said Mr Kim Gun Woo, general manager of Korea Land and Housing Corporation’s representative office in Myanmar. The project is estimated to generate US$4.7 billion worth of value from investments and generate more than half a million jobs in support […]
