South Korean firm invests in Bago power project
Yangon – South Korea’s MCM Power Company will invest over US$35 million on a power generation and distribution project in Pyay township, Bago, according to U Thant Sin Lwin, Director-General of the Directorate of Investment and Company Administration (DICA). The … Continue reading South Korean firm invests in Bago power project
Myanmar: Country’s largest mini-grid unveiled
Mandalay – The Mandalay Yoma Energy launched Myanmar’s biggest solar mini-grid for rural areas in Magway Region. With the mini-grid, up to 400 households in Magway’s Lel Ma village now have access to electricity. Myanmar’s electrification rate is one of … Continue reading Myanmar: Country’s largest mini-grid unveiled
DHL scales up operations in Myanmar
Yangon – The DHL Supply Chain, one of the global market leaders for contract logistics solutions, announced the opening of its first multi-user warehouse in Myanmar. The company has invested approximately K1.58 billion (€1 million) in the facility located in … Continue reading DHL scales up operations in Myanmar
Audi Myanmar: First dealership in Yangon
Yangon – Automotive Asia (Myanmar) Limited is currently setting up the first Audi branch in Yangon – Audi Yangon. Myanmar investors teamed up with a French based CFAO Group as majority shareholder under the name Automotive Asia (Myanmar) Limited to … Continue reading Audi Myanmar: First dealership in Yangon
Myanmar launches trade, investment project
Yangon – The Ministry of Commerce together with the Directorate of Investment Administration (DICA) and the International Trade Center (ITC) launched the Trade and Investment Project (TIP) on Monday with the aim of boosting Myanmar’s business ecosystem by improving trade … Continue reading Myanmar launches trade, investment project