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INVEST MYANMAR NEWS DIRECTORY

UK TO INVEST IN MYANMAR'S OIL, GAS AND TRAVEL SECTORS
The United Kingdom has pledged to invest over US$385 million in Myanmar in two years time, according to statistics of the Directorate of Investment and Company Registration. The UK invested... [ More ]
BURMA: FREEDOM OF EXPRESSION IN TRANSITION
Yet this space is highly contingent on a number of volatile factors: the goodwill of the current President and his associates in Parliament, the ability of Aung San Suu Kyi to assure the... [ More ]
MYANMAR’S ECONOMY TO QUADRUPLE BY 2030
If the 10-nation ASEAN bloc is to double its economy by 2020, then a large thrust of the growth rate will be coming from Myanmar. According to consultancy McKinsey Global Institute,... [ More ]
MYANMAR: STEPPING UP TO ASIA AND THE WORLD
Myanmar was one of East Asia’s fast growing advanced economies in the early 20th century. But decades of isolation took its toll and Myanmar was left out of the region’s remarkable... [ More ]
WELCOME TO INVEST MYANMAR'S MYANMARESE INVESTMENT NEWS DIRECTORY!

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 LATEST MYAMNAR NEWS

MYANMAR’S 2015 STOCK EXCHANGE DEADLINE AT RISK: SOUTHEAST ASIA

MYANMAR’S 2015 STOCK EXCHANGE DEADLINE AT RISK: SOUTHEAST ASIA
Source: Bloomberg - (20/09/2013)

Topics: Economy      Stock Market

Myanmar is running behind schedule for starting a stock exchange by 2015 after delays in getting the legal framework in place, said an executive at Japan Exchange Group Inc. (8697), which is assisting on the project. “We’re pressed for time,” Koichiro Miyahara, senior executive officer at Japan Exchange, said in an interview in Tokyo on Aug. 27. He said the late approval of a capital markets bill has delayed the project, and it’s up to the Myanmar government as to how fast it can set up...


MYANMAR'S TARGET OF EXPORTING 3 MILLION TONS OF RICE DURING FISCAL 2014 IS IMPOSSIBLE TO ACHIEVE: EXPERTS

MYANMAR'S TARGET OF EXPORTING 3 MILLION TONS OF RICE DURING FISCAL 2014 IS IMPOSSIBLE TO ACHIEVE: EXPERTS
Source: International Business Times - (20/09/2013)

Topics: Economy      Agriculture

Myanmar is growing fast, but at least one sector isn't growing as fast as the government wants. The nation’s leaders are striving to export 3 million tons of rice during the 12 months ending March 2014, which would mark a 43 percent increase over the previous period, a target that industry experts and government officials say is impossible to achieve. In the first half of the 20th century, under British rule, Myanmar was the world’s top rice exporter. But after the military junta took over...


CONFIDENCE GROWS IN MYANMAR ECONOMY

CONFIDENCE GROWS IN MYANMAR ECONOMY
Source: World Finance - (20/09/2013)

Topics: Economy      Banking

Government reforms have bettered Myanmar’s economic prospects, and the country’s banks are demonstrating impressive growth Despite the country’s macroeconomic performance having long trailed its neighbouring Southeast Asian nations’, Myanmar now offers a range of auspicious opportunities for investors and businesses alike. Myanmar is now “set to become one of the next rising stars in Asia,” says Moo Sun, COO of Ayeyarwady Bank. Since the inauguration of President Thein Sein in 2011,...


ADB CONFIDENT ABOUT MYANMAR’S ECONOMIC GROWTH

ADB CONFIDENT ABOUT MYANMAR’S ECONOMIC GROWTH
Source: Channel News Asia - (20/09/2013)

Topics: Economy      Construction

The Asian Development Bank (ADB) on Wednesday remained bullish on Myanmar's economic prospects as it believes the country will achieve 6.8 per cent growth in fiscal 2014 compared to 5.5 per cent last year. NAYPYIDAW, Myanmar: The Asian Development Bank (ADB) on Wednesday remained bullish on Myanmar's economic prospects as it believes the country will achieve 6.8 per cent growth in fiscal 2014 compared to 5.5 per cent last year. The boost will be fuelled by strong export earnings from...


MYANMAR: PLAYING THE FIELD OF CHINA, INDIA, AND UNITED STATES – ANALYSIS

MYANMAR: PLAYING THE FIELD OF CHINA, INDIA, AND UNITED STATES – ANALYSIS
Source: Eurasia Review - (19/09/2013)

Topics: Politics      Law

During the period of strict economic sanctions and export bans that Western countries levied against Myanmar through the 1990s and 2000s, the military government had little choice but to turn to China. China, with its deep pockets and a strategic focus on the periphery, was more than happy to invest in the isolated state, increasing Myanmar’s dependence and furthering Beijing’s own military and economic interests by tapping into the poorer state’s promising energy reserves and vying for coastal...


MYANMAR, JAPAN TO COOPERATE IN WIDE RANGE OF AREAS

MYANMAR, JAPAN TO COOPERATE IN WIDE RANGE OF AREAS
Source: Mizzima - (19/09/2013)

Topics: Economy      Construction

Myanmar and Japan will cooperate on a wide range of health issues mainly including combating tuberculosis (TB), HIV/AIDS and malaria, official media reported Friday. The agreemets were reached during a meeting between Myanmar President U Thein Sein and visiting parliament member of Japanese House of Representatives and Chairman of Japan-Myanmar Parliamentarian Friendship League Ichiro Aisawa at the Presidential Palace in Nay Pyi Taw on Thursday. In addition to discussions on further...


MYANMAR'S FOREIGN INVESTMENT HITS 43 BLN USD BY AUG.

MYANMAR'S FOREIGN INVESTMENT HITS 43 BLN USD BY AUG.
Source: Mizzima - (19/09/2013)

Topics: FDI in Myanmar      Energy

Myanmar's contracted foreign investment hit 43.682 billion U.S. dollars in 600 projects as of August this year, local media reported Thursday. Coming from 32 countries and regions, the investment mainly covers four sectors of electric power, oil and gas, mining and manufacturing. Without specifying the investment amount, the report said China stood as the largest foreign investor, followed by Thailand, China 's Hong Kong Special Administrative Region, South Korea, Britain, Singapore,...


MYANMAR REAL-ESTATE SUMMIT TO HIGHLIGHT INFRASTRUCTURE

MYANMAR REAL-ESTATE SUMMIT TO HIGHLIGHT INFRASTRUCTURE
Source: Eleven - (19/09/2013)

Topics: Economy      Real Estate

The second Myanmar Real Estate Summit (MRES), to be held in Yangon from September 30 to October 1, will hone in on pivotal issues, critical for investing in that country's real-estate development and property sector. The sector is booming as investors respond positively to the country's economic and political reforms. Burgeoning demand and new opportunities are attracting investments from around the world. The extent of this can be judged by the fact that Yangon enjoys the highest property...


MYANMAR MARKETS COMING -TORSTONE TECHNOLOGY TO POWER POST TRADE PROCESSING OF NEW EXCHANGE

MYANMAR MARKETS COMING -TORSTONE TECHNOLOGY TO POWER POST TRADE PROCESSING OF NEW EXCHANGE
Source: Forex Magnets - (19/09/2013)

Topics: Financial      Stock Market

Back in February, Mario Singh, Director of Training and Education at FXPRIMUS, expressed his opinions on the Southeast Asian market. One country he focused on was Myanmar. At the time, Singh stated that, “The hot story for Southeast Asia now, is undoubtedly Myanmar. The country has attracted considerable attention since its government decided to pursue economic reforms, and sanctions have begun to ease on the country. Foreign investors, not just companies, but also countries, are eager to...


MYANMAR APPROVES NEW FOREIGN INVESTMENTS IN GARMENT SECTOR

MYANMAR APPROVES NEW FOREIGN INVESTMENTS IN GARMENT SECTOR
Source: fibre2fashion - (19/09/2013)

Topics: Business      Textile and Fashion

Myanmar Investment Commission (MIC) has given its approval to several foreign businesses to invest in the country’s garment manufacturing sector in recent months. This month two companies, one from the UK and another from Hong Kong, have been given permission to bring in hundred-percent foreign investment for setting up their own business of cutting, making and packing (CMP) apparel in the country, according to Eleven Myanmar. Last month, MIC had granted permission to China-based SDI...



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Did You Know?
Myanmar, which has a total area of 678,500 square kilometres, is the largest country in mainland Southeast Asia, and the 40th-largest in the world. It is somewhat smaller than the U.S. state of Texas and slightly larger... ... More

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Low-cost housings' electrical expenses to be covered with Chinese loans
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COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
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