RANGOON — After a delegation from the well-known South Korean Daewoo Group of Companies met with Burma’s outgoing president on Tuesday, there is speculation that the country plans to increase investment in Burma. During the meeting between Thein Sein and Daewoo CEO Young-Sang Kim, the topics of discussion included investment in Burma’s hotels, energy, mining […]
Korean Investment in Burma Likely to Increase
March 10, 2016 by thiha
Filed Under: Latest News Tagged With: Australia, Automobile Dealers Association, Burma, China, Chinese, Companies Administration, Daewoo CEO Young Sang Kim, Directorate of Investment, Dr Soe Tun, Dr. Maung Maung Lay, Foreign Direct Investment, Hong Kong and the UK, India, industry, Japan, japanese, korea, Korean, Malaysia, Maung Myint, Ministers Wunna Maung Lwin, Myanmar news agency, Rangoon, Shinhan Bank, Since Thein Sein, singapore, Soe Thane, South Korean Daewoo Group of Companies, Thailand, The Central Bank of Myanmar, The Irrawaddy, Thein Sein, Union of Myanmar Federation of Chambers of Commerce, Zeyar Aung
Minister urges SMEs to register
February 5, 2015 by Thiha
Small- and medium-sized enterprises (SMEs) must be registered to get benefits like loan disbursement, said Maung Myint, the union minister for industry. There are more than 46,000 registered SMEs across the country. That number is estimated to reach 50,000 soon despite the closure of some unsuccessful SMEs, he added. “Some SMEs face closure but the […]
Filed Under: Latest News Tagged With: loan disbursement, Maung Myint, SMEs to register, union minister for industry
Burmese Govt Urges Foreign Investors to ‘Take the Plunge’
May 27, 2014 by thiha
RANGOON — Despite lingering infrastructure problems such as the country’s poor roads and patchy power supply, Burma’s government wants foreign businesses to be less cagey about investing in the much-touted frontier economy. Aung Tun Thet, an economics advisor to President Thein Sein, implored would-be investors on Monday to “please take a risk, please take the […]
Filed Under: Latest News Tagged With: Allen & Gledhill’s, Aung Tun Thet, business, CMT Events, coca cola, Foreign Investment Law, heineken, investment, Maung Myint, Ministry for National Planning and Economic Development, Ministry of Industry, Myanmar, Myanmar investment commission, Nestle, Organization for Economic Co-operation and Development, Rangoon, singapore, Thein Sein, unilever, Yangon
Japan and China buy land plots under Myanmar citizens’ ownership
November 13, 2013 by thiha
YANGON—Japan and China have been using Myanmar citizen ownership to close recent purchases of high-rent land plots in the Thilawa Special Economic Zone, real estate agency sources say. “Currently, Chinese are buying buildings in the Shwe Pyi Thar industrial zone, doing business with local businessmen as usual. After the government fixed land prices based on […]
Filed Under: Latest News Tagged With: Deputy Minister, doing business, Economic Zone, Higher and Higher, industrial zone, land prices, Management Committee, Maung Myint, opportunities, Purchasing Land, Real Estate Agency, regulations, Rental Costs, SME Sector, Square Foot, Than Soe, Thein Aung, thilawa
