Home Investment & Finance

Investment & Finance

U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest.  He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture,...
Japan has expressed interest to participate in the Dawei Special Economic Zone located in the Tanintharyi Region, according to U Myint San, Vice President of the Management Committee for SEZ.  Myanmar, on November 5,  invited international partners to invest in the SEZ project under Government to Government Collaboration and received...
TrueMoney Myanmar has provided a total value of 3.2 Billion MMK health insurance coverage to their long-serviced agents and their territory distributors and introduced a door-to-door remittance service. The long-serviced agents and their territory distributors will be provided with the one-year health insurance coverage from Myanma Insurance, which will benefit...
In collaboration with MCI, a local advertising technology company, Grab Myanmar, a leading high-tech ride-hailing service in Southeast Asia and Myanmar has announced the launch of  GrabAds, a digital display advertising service, which enables private companies and corporations to place advertisements on Grab Taxis. The service will launch in...
Part 1 of the Yangon Elevated Expressway project is estimated to cost $800 million, according to U Han Zaw, Union Minister of the Ministry of Construction, at the meeting by Steering Committee on Implementation of Yangon Elevated Expressway and Outer Ring Road. The meeting was held to discuss the...
Britain-based Global Agriculture Joint Venture Co. will invest $115 million in establishing the private teak plantation and producing teak, according to the Directorate of Investment and Company Administration. The company will invest in establishing teak plantations and produce teak in Okkan Forest Reserve number 38, 39, 40, and 41 in...
No.2 Mining Enterprise, a government body under the Ministry of Natural Resources and Environmental Conservation, has denied the request by the Yangon Region Gold Entrepreneurs Association to export/import gold at a large scale. Both Yangon and Mandalay Gold Entrepreneurs Association, aiming to tackle the gold black market in border areas...
Central Bank of Myanmar has purchased $43 million in October through bidding.  It purchased $3.7 million on October 2, $3.8 million between 5 and 8 October, $7.7 million on October 9, $3.7 million on October 19, $1.85 million on October 20, $3.8 million on October 23, $3.7 million on October...
Development the Korea-Myanmar Industrial Zone will create around 100,000 jobs, U Han Zaw, Union Minister of the Ministry of Construction said during the first meeting of the Coordination Committee for Development of Korea-Myanmar Industrial Complex.  “KMIC project will create around 100,000 jobs supporting the economic development of the Yangon Region,”...
The Ministry of Social Welfare, Relief and Resettlement has invited senior citizens over 85 years of age to apply for financial assistance.  This program aims to support the well-being and nutrients of senior citizens in the country while enhancing financial security and reducing the vulnerability of their families.  The program will...