Tag: Hong Kong

Garment industry scores foreign investment despite worker unrest

A new batch of foreign companies will invest a collective USD 24 million to make garments and bags in Yangon. According to the Yangon Region Investment Committee (YRIC), ten companies from Myanmar as well as China, Hong Kong, Taiwan and Estonia will

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FDI inflows for current fiscal year top USD 2 billion, Hong Kong firms take top spot

According to DICA (Directorate of Investment and Company Administration), the total FDI inflows for current fiscal year topped USD 2 billion at USD 2.089 billion exactly. The energy sector accounted for nearly half of the total while Hong-Kong based

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Hong Kong firm to invest USD 500 million in power generation and supply

Hong Kong-listed CNTIC Vpower Company will invest over USD 500 million in 2 different electricity generation, supply and sale projects in both Yangon Region and Rakhine State. U Thant Sin Lwin, Director-General of the Directorate of Investment and Co

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Real estate sector tops October FDI

As reported by the Global New Light of Myanmar, the real estate sector is still bullish about its growth perspectives – despite a falling rental price per square foot in the economic capital (see last week’s highlights). According to DICA

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Hong Kong sets up chamber amid investment push

Hong Kong has set up its first ever locally-registered official business group in Myanmar as the NLD administration seeks to bolster the economy and attract more investment.

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