Myanmar

India, Myanmar Join Hands For Power Banking And Insurance Sectors

India, Myanmar Join Hands For Power Banking And Insurance Sectors

On expansion of horizons, India, Myanmar signed 3 agreements For Power Banking And Insurance Sectors.

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Japan's aid to Mekong nations

Japan pledges $6 billion to Mekong nations as China prepares new bank

Japan said on Saturday it would extend around $6 billion in development aid to Mekong region countries, as China prepares to launch a new institutional lender seen as encroaching on the regional clout of Tokyo and ally Washington.

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Greece

Global stocks near all-time highs despite Greek drama

Global equities were set for their third straight weekly gain on Friday, hovering near fresh all-time highs as cheap central bank cash kept buoying markets and offset fears that Greece may run out of money as debt repayments loom.

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Flag of Cuba

U.S. banks to move cautiously into Cuba, trade groups say

U.S. banks will be able to do more business in Cuba after the United States and the island nation agreed to restore diplomatic ties, but trade groups said their members will be slow to ramp up operations, fearing big penalties for mistakes.

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IPO

Thai drink maker Carabao sets IPO price range at 26-28 baht

Thai energy drink maker Carabao Group PCL has set the price range of an initial public offering (IPO) at 26 to 28 baht a share, to raise up to 7 billion baht ($214.72 million), people with knowledge of the sale said.

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Dawei, Southern Myanmar

Thai junta says will help kick-start stalled Dawei talks

Thailand will revive talks with Japan and Myanmar aimed at kick-starting the floundering multi-billion dollar Dawei Special Economic Zone in Myanmar, a junta spokesman said on Thursday.

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Lamudi

Real estate listing platform Lamudi gets USD7 million funding

Rocket Internet's Lamudi has received USD7 million funding from Tengelmann Ventures and other new investors left undisclosed, reported TechCrunch.

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Yoma Strategic Holdings

Singapore's Yoma to pick up $11.1M stake in Myanmar's consumer goods firm

Singapore-listed investment holding company Yoma Strategic Holdings agreed to pick up a 30% stake in Myanmar-based consumer goods firm Asia Beverages Co in a deal valued at $11.1 million (S$14.2 million).

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Shangri-La International Hotel Management

Shangri-La to invest $115M to build new hotel in Myanmar

Hong Kong-based luxury hotel group Shangri-La International Hotel Management has announced that it will invest $115 million for the construction of a new 350-room hotel in Yangon, Myanmar.

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Ooredoo

Ooredoo partners with Myanmar women's organization for entrepreneurship program

Ooredoo, the Qatari telecommunications company, had entered into a partnership with the Cherie Blair Foundation for Women to provide assistance to businesswomen.

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Aung San Suu Kyi

Aung San Suu Kyi calls for foreign capital investments but wants them responsible

Aung San Suu Kyi said Myanmar needed foreign capital to recover but these should be responsible investments.

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Myanmar

US, Myanmar discuss future ventures

Myanmar government figures and US companies met to discuss future investment endeavors.

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Rangoon

Chinese firms defend unpopular mega projects

Representatives from several Chinese firms defended their unpopular mega projects in Myanmar.

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Toyota

Toyota Targets Myanmar for Expansion

Toyota Motor Corp, the world’s biggest carmaker announced its planned expansion in Myanmar, Cambodia and Kenya.

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A man counts US dollars and Myanmar kyats at a money changer in Yangon March 21, 2012. REUTERS/Soe Zeya Tun

Thai PTT plans on investing billions on Myanmar

PTT CEO announced his plan on investing billions of dollars in Myanmar.

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