Category: Highlights

Survey shows insurance market has potential to grow

Myanmar’s insurance industry has potential to grow to MMK 1.75 trillion in the next 12 months and to grow to a MMK 4 trillion market in 10 years, according to a survey commissioned by IKBZ.

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Myanmar to pick deep-sea port location next year

The location for Myanmar’s first deep-sea port will be decided next year, according to the Ministry of Transport and Communications.

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USAID partnership helps local coffee producers tap international markets

USAID will partner with the Myanmar Coffee Association (MCA), assisting local coffee producers to have access to international markets.

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Yoma Bank names new chief executive

Myanmar’s fourth largest private lender is set to appoint National Australia Bank (NAB) manager Dean Cleland as its new chief executive.

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Japan’s Daiwa sets up fund for Myanmar start-ups

Japan investment bank Daiwa Securities Group has seeded a USD 30 million venture capital fund in Myanmar to invest in local start-ups.

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Rice trading center in Shwebo to go public

After opening its fifth outlet in Sagaing Region, Shwebo Rice Trading Center is planning to change its corporate status to public.

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