The Myanmar Investment Commission (MIC) has approved the issuance of 13 permits, including one for a beer joint venture in Mandalay. Eight foreign businesses and 5 Myanmar citizen businesses were approved at a recent 12/2017 meeting, according to Deputy Director General of Directorate of Investment and Company Administration (DICA) U Than Aung Kyaw. This includes […]
MIC issues 13 new business permits in August, including one for beer
September 8, 2017 by Thiha
Filed Under: Latest News Tagged With: beer, business permits, Deputy Director General, DICA, Directorate of Investment and Company Administration, foreign businesses, foreign investment projects, foreign investments, General Manager, Japan Kirin Co, mandalay, Mandalay Brewery, MEC, MIC, MIC issues, Myanmar citizen investments, Myanmar Economic Holdings, Myanmar investment commission, U Hla Myo, U Than Aung Kyaw
Mandalay Brewery’s JV with Kirin approved as market heats up
September 8, 2017 by Thiha
THE Myanmar Investment Commission (MIC) has approved a proposal by Mandalay Brewery, which is a subsidiary of Myanma Economic Holding Limited (MEHL), to operate a joint venture (JV) with Japanese brewer Kirin Holdings. Under the JV, US$9 million will be invested to upgrade the quality of machinery and beer at Mandalay Brewery, said U Hla […]
Filed Under: Latest News Tagged With: ABC Stout, APB, asean, Asia Pacific Breweries, Black Knight Stout, F&N, General Manager, Heineken and Carlsberg beers, Hiroshi Fujikawa, Japanese Brewer Kirin Holdings, joint venture, JV, Kirin Ichiban, lowest beer consumption rates, mandalay, Mandalay Brewery, MBL, MEHL, MIC, Myanma Economic Holding Limited, Myanmar Brewery Limited, Myanmar Premium, Myanmar Times, Myanmar's beer market, national market, Regal Seven, Singapore-listed drinks maker Fraser and Neave, Thai Beverage, Thailand’s iconic Chang beer, The Myanmar Investment Commission, the planning department, Tiger Beer, Tuborg and Yoma, U Hla Myo, vice chair of Myanmar Brewery Limited, Vietnam
Myanmar ready to sweeten terms for foreign brewers
May 14, 2013 by thiha
The Myanmar government is prepared to relax limits on foreign ownership of breweries on a case-by-case basis, as it seeks to improve the appeal of the country to foreign investors, says a senior beer industry executive. The Myanmar Investment Commission (MIC) offered four licences in January for international breweries to operate domestically. Under the Foreign […]
Filed Under: Latest News Tagged With: beer, brewery, carlsberg, Dagon Brewery Company, heineken, Mandalay Brewery, MBL, MIC, Myanmar Economic Corporation, Myanmar Economic Holdings Limited, Myint Zaw, San Miguel, ThaiBev