A special zone will be built in Mandalay Region’s Thabeikkyin township to produce value-added products from agricultural goods and livestock, according to Pentagon Group (Myanmar) Co Ltd. The project will be located on 3237 hectares in Ohn Ta Kue, Ohn Paing, Pay Taw and Gway Maw villages. The company has sought a land-use permit for […]
Thilawa SEZ attains over US$120million FDI in two months
Over US$122million of foreign direct investments flowed into Thilawa Special Economic Zone (SEZ) so far in the current Fiscal Year 2017-2018, under previously permitted investments by Myanmar Investment Commission increasing. The investors from 16 foreign countries put investments into Thilawa.Last Fiscal Year 2016-2017 saw FDI of US$262.588million. Thilawa received FDI of nearly US$ 980million, including […]
Osaka business group to help lure firms to Japan-backed economic zone in Myanmar
The Osaka Chamber of Commerce and Industry has agreed to help attract small and medium-size companies to the Japanese-backed Thilawa Special Economic Zone near Yangon by establishing small rental factory spaces, the zone’s operator has announced. The OCCI, which is comprised of businesses around Osaka, and the Union of Myanmar Federation of Chambers of Commerce […]
Japanese firms apply to operate in SEZs
Among the international insurance firms that have representative offices in Myanmar, only Japanese firms have applied to operate in special economic zones, according to the supervisory board of Myanma Insurance. Sixteen foreign insurance firms have opened representative offices in Myanmar, but they have not begun operations since regulations have not yet been fully disclosed. “We […]
MPT to add international roaming service in 31 countries
Myanma Posts and Telecommunications will extend its services to 31 foreign countries for both its GSM and WCDMA networks as of July 2, according to a report on MRTV yesterday. “International outbound roaming (IOR) will be available in 31 countries. The service will be available both for both prepaid and post-paid phone users. Prepaid mobile […]