China to invest USD 30 billion in industrial zone
As briefly reported in our highlights last week, a Chinese company and several Myanmar partners will invest USD 30 billion in an industrial zone contained within the Kyaukphyu Special Economic Zone on Myanmar’s west coast. Speaking to parliament, D
Yangon Stock Exchange will open to foreigners amid general corporate reform
Next month, foreigners will be able to make trades on the Yangon Stock Exchange as Myanmar continues to refine its corporate infrastructure and open its markets to direct foreign investment. In July of last year, the Securities and Exchange Commissio
Kirin reconsiders partnership
Japanese beverage giant Kirin has announced that it will review and reconsider its business partnership with the military (Tatmadaw). The announcement follows mounting international pressure to sever ties with Myanmar Brewery, the country’s lar
Thai developer to build USD 1 billion complex in Yangon
Thai developer Amata Corp. has announced plans to invest USD 1 billion in an industrial complex in Yangon. Amata recently signed a land lease agreement and joint venture agreement with the Myanmar Ministry of Construction in the country’s capit
EUR 50 million waste-to-energy project green-lit
Parliament has approved a Polish-funded waste-to-energy project for a Yangon landfill. The EUR 50 million project will convert 1000 tons of daily waste (around 60 percent of Yangon’s total daily household waste) into fuels and chemicals for use
