Pernod Ricard completes purchase of 34% stake in Yoma’s Myanmar whisky JV

French alcohol giant takes stake in Myanmar whisky

French alcohol giant Pernod Ricard has taken a 34 percent stake in local whisky joint-venture Seagram MM Holdings. According to the article in Dealstreet Asia, the company is a JV that includes Singapore-listed Yoma Strategic Holdings, U Htun Win and
Kayah State to get US$50 million metal refinery

Metal refinery to open in Kayah State

A Myanmar and China joint venture has been granted permission to build a USD 50 million metal refinery in Loikaw, the capital of Kayah State. According to an article in the Myanmar Times, the Directorate of Investment and Company Administration (DICA
The benefits of joint ventures to Myanmar’s insurance sector

Joint-Venture Model Fuels Financial Liberalization

For Myanmar’s insurance sector joint-ventures (JVs) constitute a powerful mean to liberalize the market. Last April, the Ministry of Planning and Finance (MoPF) granted five foreign insurance providers the provisional right to be registered as a 10