Myanmar’s energy sector will benefit from PTT’s overseas expansion strategy, as the state-owned looks to diversify away from the mature and saturated Thailand market. PTT’s focus will be on natural gas, demand for which is expected to expand at a robust rate in Myanmar, alongside shifting government power policy. PTT investment will improve domestic gas […]
Myanmar Unprepared for Stock Market: Economist
January 13, 2016 by
Trading of stocks at the Yangon Stock Exchange (YSX) is expected to begin in March, giving Myanmar people another option to invest their money. Currently, people invest in the property market or the currency market, however, they are less likely to move their investments into the new stock market, a local economist said. “All of […]
MTSH Won’t Sell Thilawa Zone B Shares Yet
January 8, 2016 by
Myanmar Thilawa SEZ Holding (MTSH) Public Limited will not sell its ‘Zone (B)’ shares in the near future, according to the company’s second annual general meeting. There are three zones in the Thilawa Special Economic Zone development – Zone (A), Zone (B) and Zone (C). A total of 2,145,000 shares for Zone (A) have already […]
Myanmar Investments To Raise Equity For Further Investments
September 16, 2014 by
LONDON (Alliance News) – Myanmar Investments International Ltd, which began trading on AIM in June 2013, said Monday it is in negotiations and evaluating investments in telecommunications infrastructure, IT services, equipment rental and education. The company also reaffirmed it will be looking to raise additional equity to fund further investments. Over the course of the […]
Biggest slice yet for onshore local partners
September 16, 2014 by
The two latest production sharing contracts for onshore oil and gas includes the biggest share yet for the local partner. Myanmar company Young Investment Group will have a 25 percent stake in onshore blocks C-1 and H, with state-owned Myanma Oil and Gas Enterprise and Young’s Canadian partners Pacific Hunt Energy Corporation controlling the rest. […]
MMPD to Sell 70,000 Shares
September 5, 2014 by
The Myanmar Motion Pictures Development Public Co Ltd (MMPD) is planning to sell 70,000 shares to private investors and individuals working in the industry, managing director of the firm U Mg Mg Oo said. The shares will be offered at K10,000 each. “More than 70,000 shares, worth over K700 million, will be sold. This is […]
Govt, parliament have responsibilities to investigate AGD bank’s share transfer
July 24, 2014 by
To investigate whether the share transfer of Asia Green Development Bank (AGD) involves white money is dependent mainly on the government and the parliament. People have urged the executive pillars to inspect this case in line with the Anti-Money Laundering Law transparently. Such critics have risen following the in-person interview between Kyaw Ne Win – […]
Undergrads Return to Crumbling Yangon University
December 5, 2013 by
YANGON — The campus is overrun by a tangled web of weeds and vines. Many of the books in the open-air library are ancient, their pages yellow. Students will have to share a handful of donated computers and put up with slow-speed Internet, at least at first. And professors are struggling to catch up with […]
