Chinese investment to develop major agribusiness projects

MAPCO to develop three major projects with Chinese SOE

In collaboration with China’s state-owned enterprise CITIC Group, Myanmar Agribusiness Public Corporation (MAPCO) is expected to start three business projects this year, said MAPCO Chair U Chit Khine. “Negotiations for the businesses are current
MAB launches wealth segment

MAB launches wealth banking service as competition rises

Myanmar Apex Bank (MAB) has launched a special wealth banking and rewards programme for high net worth individuals, according to a report in the Myanmar Times. MAB Gold Wealth Banking  is targeting those who can place a minimum fixed deposit of K300
LSE-listed Myanmar Strategic Holdings picks 8% stake to fully own MS English

Myanmar Strategic Holdings takes control of MS English

Myanmar Strategic Holdings (MSH) has taken full control of MS English Pte Ltd. MSH previously held 92 percent in the company, according to Dealstreet Asia. The buying over of the remaining eight percent from a former employee has given it full contr
Yoma Land to launch City Loft in StarCity in January 2019

Yoma Land launches housing unit at Star City

Yoma Land, a part of the Serge Pun and Associates group (SPA), has launched new housing units called City Loft. The project that caters to the middle-income market is located at Star City, Thanlyin. According to a report in Myanmar Business Today, C
AirAsia still looking to further business plans in Myanmar

AirAsia still interested in expanding into Myanmar market

As part of its regional growth strategy, low-cost carrier AirAsia is still interested in expanding into Myanmar’s airline market. An article in the Myanmar Times quoted the firm’s CEO Riad Asmat as saying that countries such as Myanmar, Laos and
Myanmar’s Greenovator bags grant

Greenovator wins a six-digit fund from the GSMA

Greenovator, a Myanmar start-up which provides an agri-mobile platform to help farmers improve their output and income, has been awarded a “six-digit” fund from the GSMA Ecosystem Accelerator, according to a report in Dealstreet Asia. Greenovator