Thai-Myanmar council pushes for more ties and investments

Thai businesses are ramping up ties with their Myanmar counterparts in five main areas — agriculture, border trade, energy, industrial development and tourism — to tap into vast investment opportunities in the neighbouring country. Panitarn Pavarolavidya, chairman of Thai-Myanmar Business Council, said the council’s first meeting held in Yangon on Feb 3 focused on the […]

Developer Yoma Strategic is a big winner in Myanmar election

Yoma Strategic Holdings surged Wednesday in Singapore’s stock market on hopes that the National League for Democracy’s likely ascent to power in Myanmar will spell new opportunities for the real estate developer in that market. The company closed at 0.51 Singapore dollar (35 cents), up 3.03% from Monday. The stock rose as far as S$0.52 […]

OCBC receives final approval to open branch in Myanmar

OCBC Bank is one of the first three foreign banks to receive final approval to open a branch in Myanmar, and will offer corporate internet banking in the country. SINGAPORE: OCBC Bank is one of the first three foreign banks to have received final regulatory approval from the Central Bank of Myanmar to open a […]

Visa, local banks plan multicurrency credit card for Myanmar travellers

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Visa is working closely with banks in Myanmar on the Visa multicurrency travel prepaid card to make it easier for people to go abroad. The launch of the card will mark a milestone in the country’s financial system, opening the global marketplace to […]