Business The Myanmar Times has the latest news from across Myanmar. http://www.mmtimes.com/index.php/business.html Tue, 16 Sep 2014 09:15:10 +0630 en-gb MPT revamp begins with Japanese partners http://www.mmtimes.com/index.php/business/11627-mpt-revamp-begins-with-japanese-partners.html http://www.mmtimes.com/index.php/business/11627-mpt-revamp-begins-with-japanese-partners.html

MPT revealed its joint management team with its Japanese partners last week as competition in the mobile sector heats up.

 

 

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kyawzaya387@gmail.com (Jeremy Mullins) Business Mon, 15 Sep 2014 00:00:00 +0630
Garment industry hopes for ordering rush from the West http://www.mmtimes.com/index.php/business/11628-garment-industry-hopes-for-ordering-rush-from-the-west.html http://www.mmtimes.com/index.php/business/11628-garment-industry-hopes-for-ordering-rush-from-the-west.html The garment industry is looking to Western orders to help it diversify, as exports look set for a record year.

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kyawzaya387@gmail.com (Su Phyo Win) Business Mon, 15 Sep 2014 00:00:00 +0630
Banks brace for September licences http://www.mmtimes.com/index.php/business/11629-banks-brace-for-september-licences.html http://www.mmtimes.com/index.php/business/11629-banks-brace-for-september-licences.html The domestic financial industry is rife with speculation on which foreign banks will receive licences to operate, though local banking players say little about the process has been revealed to them.

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kyawzaya387@gmail.com (Aye Thida Kyaw) Business Mon, 15 Sep 2014 00:00:00 +0630
Swiss giant Nestlé moves into food and beverage production http://www.mmtimes.com/index.php/business/11630-swiss-giant-nestle-moves-into-food-and-beverage-production.html http://www.mmtimes.com/index.php/business/11630-swiss-giant-nestle-moves-into-food-and-beverage-production.html

Swiss food manufacturer Nestlé SA has confirmed it will invest around US$50 million in Myanmar’s food and beverage industry over the next six years. 

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kyawzaya387@gmail.com (Tim Mclaughlin) Business Mon, 15 Sep 2014 00:00:00 +0630
Thilawa attracting foreign firms as tenants http://www.mmtimes.com/index.php/business/11631-thilawa-attracting-foreign-firms-as-tenants.html http://www.mmtimes.com/index.php/business/11631-thilawa-attracting-foreign-firms-as-tenants.html

Thilawa has attracted formal interest from dozens of companies, but competitors say local firms are reluctant to commit to the long-term leases required by the special economic zone.

 

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kyawzaya387@gmail.com (Zaw Htike) Business Mon, 15 Sep 2014 00:00:00 +0630
Moving beyond the “crony” label http://www.mmtimes.com/index.php/business/11632-moving-beyond-the-crony-label.html http://www.mmtimes.com/index.php/business/11632-moving-beyond-the-crony-label.html The word “crony” can be an unfair label for Myanmar companies working toward greater transparency, according to Vicky Bowman, director at the Myanmar Centre for Responsible Business (MCRB).

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kyawzaya387@gmail.com (Catherine Trautwien) Business Mon, 15 Sep 2014 00:00:00 +0630
Credit committee selects S’pore firm http://www.mmtimes.com/index.php/business/11633-credit-committee-selects-s-pore-firm.html http://www.mmtimes.com/index.php/business/11633-credit-committee-selects-s-pore-firm.html Singaporean firm NSP Holdings has been selected to assist Myanmar with setting up a credit bureau, said a senior official from the Credit Bureau Development Committee.

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kyawzaya387@gmail.com (Aye Thida Kyaw) Business Mon, 15 Sep 2014 00:00:00 +0630
Unlocking Myanmar’s potential http://www.mmtimes.com/index.php/business/11634-unlocking-myanmar-s-potential.html http://www.mmtimes.com/index.php/business/11634-unlocking-myanmar-s-potential.html With change comes opportunity: an apt maxim for Myanmar as it emerges from decades of isolation. 

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kyawzaya387@gmail.com (Cyn-Young Park and Winfried F Wicklein) Business Mon, 15 Sep 2014 00:00:00 +0630
Biggest slice yet for onshore local partners http://www.mmtimes.com/index.php/business/11626-biggest-slice-yet-for-onshore-local-partners.html http://www.mmtimes.com/index.php/business/11626-biggest-slice-yet-for-onshore-local-partners.html The two latest production sharing contracts for onshore oil and gas includes the biggest share yet for the local partner.

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kyawzaya387@gmail.com ( Aung Shin) Business Fri, 12 Sep 2014 10:01:03 +0630
Nestlé looks to commit to Myanmar market http://www.mmtimes.com/index.php/business/11612-nestle-looks-to-commit-to-myanmar-market.html http://www.mmtimes.com/index.php/business/11612-nestle-looks-to-commit-to-myanmar-market.html Swiss food giant Nestlé SA has confirmed that it is preparing to invest around US$50 million in Myanmar’s food and beverage industry over the next six years, in the latest sign yet of the Myanmar consumer market’s attractiveness to international firms.

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kyawzaya387@gmail.com (Tim McLaughlin) Business Wed, 10 Sep 2014 16:16:01 +0630