China President Xi Jingping visits Myanmar
MYITKYINA, Myanmar – The streets of Myanmar’s capital Naypyitaw were festooned with banners celebrating 70 years of Myanmar-China relations ahead of the arrival of President Xi Jinping on Friday for his first visit to the Southeast Asian nation as China’s … Continue reading China President Xi Jingping visits Myanmar
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