Category: Highlights

KB Kookmin Bank interested in expanding Myanmar business

KB Kookmin Bank, one of South Korea’s top four banks, is interested in expanding its presence in Myanmar with services for housing and SME.

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MTSH planning a mall for Thilawa SEZ

Myanmar Thilawa SEZ Holdings (MTSH) is planning to build a mall in the Thilawa Special Economic Zone in the south of Yangon.

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Chinese cattle breeder invests in Myanmar

China’s Kangrui Agriculture & Livestock Development Company will invest US$ 37 million raising of cattle in Myanmar with MIC permit.

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Power purchase tenders called for summer 2020

Ministry of Electricity and Energy has called for purchase tenders at five power projects with the aim of producing over 1000MW of energy.

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European car makers express interest in Myanmar

The Czech Republic has announced interest to assemble Skoda cars in Myanmar, according to Ministry of Investment and Foreign Economic Relations.

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Upward trend seen for local gold prices

Local gold prices will continue to rise due to the US-China trade dispute, volatile stock markets and lower benchmark interest rates by Central Banks.

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