EIGHT Singapore-listed enterprises brought in large investments of US$1.086 billion into Myanmar in the past four months (April-July) of the current financial year 2022-2023, the Directorate of Investment and Company Administration’s statistics showed. Singapore companies mainly put investments into urban development, real estate, power and manufacturing sectors. Hong Kong SAR stood as the second-largest investor […]
Myanmar Trade Centre to open in Singapore
Myantrade has plans to open a Myanmar Trade Centre in Singapore in the near future to provide support for the country’s agricultural exports. Secretary of the Myanmar Fruit, Flower and Vegetable Producer and Exporter Association said the trade centre – which will be monitored closely by the Myanmar Embassy to Singapore – can help Myanmar […]
Singapore tops FDI list in Myanmar in Q1
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 […]
Credit bureau lists in Singapore to raise funds for growth
Credit Bureau Asia (CBA), which provides credit risk assessments, has registered its prospectus with the Monetary Authority of Singapore for an initial public offering (IPO) of 30 million shares priced at 93 Singapore cents each. The shares will begin trading on the Mainboard of the Singapore Exchange on December 3. CBA has a 40 percent […]
Singapore tops source of FDIs in Myanmar in 2020-2021FY
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 […]
Singapore fund takes stake in Myanmar ISP Frontiir
Ascent Capital, a Singapore-registered fund manager, is leading an investment of US$26 million in Myanmar internet service provider Frontiir, marking its first equity investment in the country. The deal is expected to help Frontiir expand its services to more than half of Myanmar’s states and regions within half a decade, with the aim of connecting […]
Would Singapore Myanmar Investco (SGX:Y45) Be Better Off With Less Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that ‘Volatility is far from synonymous with risk’. It’s only natural to consider a company’s balance sheet when you examine how risky it is, since debt is often involved when a business collapses. […]
Singapore Agency to Help Myanmar Find Partners for Key Infrastructure Projects
YANGON—Under an agreement with Myanmar’s Ministry of Planning, Finance and Industry (MOPFI), Singapore’s Infrastructure Asia (IA) will help identify suitable investors, including by inviting international-standard tenders, for infrastructure projects listed in Myanmar’s Project Bank, an online database of priority projects aligned with the country’s sustainable development plan. According to the Singapore Embassy, under the agreement, […]
Some Singapore Myanmar Investco (SGX:Y45) Shareholders Have Taken A Painful 95% Share Price Drop
It’s not possible to invest over long periods without making some bad investments. But really bad investments should be rare. So take a moment to sympathize with the long term shareholders of Singapore Myanmar Investco Limited (SGX:Y45), who have seen the share price tank a massive 95% over a three year period. That would be […]
Yangon Water Bus to use Singapore, Thai ferries when service resumes
The Yangon Water Bus river transport service has ordered passenger ferries from Singapore and Thailand to replace its old vessels once it resumes operation, the company that runs the line said. Daw Tint Tint Lwin, chair of Tint Tint Myanmar Co., said it has also sought the help of a Singapore company in linking its […]