The Junction City mixed development project at the corner of Bogyoke Aung San Road is developed by Shwe Taung Group and Singapore’s Keppel Land. Yoma Strategic is building two more mixed development projects nearby. Photo: Aung Khant Singapore-listed Yoma Strategic Holdings has signed an agreement with...
Read MoreEurowindow was established on August 29th 2002, after 15 years of continued growth and nearly 4,000 in staff, including qualified experts, engineers and highly skill technicians. We have become not only the No.1 solution provider of doors and windows in Vietnam, but now weare expanding...
Read MorePhoto: EPA The US dollar weakened last week, held back by the strength in the euro, which rose 0.69 percent to a high of $1.1924 on November 24. The currency rose after a measure of German business confidence hit a record high of 117.5 during the...
Read MoreJotun’s new factory in Bago. Photo: Supplied Jotun, a privately-owned Norwegian paint maker, has opened a K14 billion factory in Bago Region. Located in the Bago Foreign Industrial Zone, the 4-hectare plant will provide paint manufacturing jobs for more than 60 employees Jotun first entered Myanmar in 2013...
Read MoreKyaukphyu, as pictured in 2012. The area has been earmarked for development of an SEZ, approvals for which are still pending. Photo: EPA YUAN Shaobin, executive president of CITIC Myanmar, which is the developer of a proposed Special Economic Zone (SEZ) in Rakhine, disagrees with critics...
Read MoreLocal producers process groundnut oil, which is used for cooking. The government wants to raise local edible oil production to reduce imports. Photo: Nyan Zay Htet Yangon Chief Minister U Phyo Min Thein has urged edible oil merchants and businessmen to invest in the local cooking...
Read MoreThe Myanmar Investment Commission (MIC) has approved the construction of a new industrial zone in Maubin township, Ayeyarwady region, said MIC secretary U Aung Naing Oo. The Maubin Industrial Zone is now being developed on 250 acres of land in Maubin. Construction of the zone commenced...
Read MoreWorkers help fill a car with petrol, prices of which are rising, at a Yangon petrol station. Photo: Nyan Zay Htet Local petrol prices have spiked between K35 and K40 per liter in the past two months, boosted by a rise in global crude oil prices. On...
Read MoreCHAN MYA HTWE 17 NOV 2017 At least two power plants and a new generator will be readied to supply electricity in the coming summer. Photo: Aung Khant More electricity will be generated by new power plants while other plans are underway to reduce power blackouts in Yangon...
Read MoreCondominium units in Yangon. The number of property deals has declined sharply since 2014. Photo: Aungmyin Yezaw Repercussions from the slump in the local real estate market have reverberated across the value chain, affecting not just property developers and speculators but businesses involved in facilitating sales...
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