The Myanmar Times
Saturday, 25 April 2015
The Myanmar Times
The Myanmar Times

Long way to go to reclaim banking glory

Yangon may once have been something of a financial hub for the area, though there is a long way to go before the sector can again rival those of its regional peers.

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First national export strategy coming this week

After years of planning, the Myanmar government will unveil the country’s first national export strategy on March 25 in Nay Pyi Taw.

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Capital Life pays out for accident

Capital  Life Insurance has made its first insurance payment for loss of life following a death in a car crash.

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Heavyweight Bank of Tokyo-Mitsubishi UFJ prepares its Yangon office for opening

The Bank of Tokyo-Mitsubishi UFJ could officially open its branch office as soon as next month, as the firm looks to provide financial services to foreign investors, according to the bank’s chief executive officer for Asia and Oceania, Go Watanabe.

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U Soe Thane urges the long-term view

The economic improvements to the country since the 2011 transition to civilian government are obvious, but reforms must be continued by subsequent governments, according to Coordinating Minister for Economic Development and Minister for the President’s Office U Soe Thane.

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SCG to open Yangon showroom in May

Large Thai firm Siam Cement Group (SCG) will open its first Myanmar showroom at 10 Mile in May, according to its country director Chana Poomee.

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Early days for debt market as budget looks for finance

The growing budget deficit will require more domestic loans to the government over the next few years, increasing strain on local debt markets, according to experts.

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BG and Woodside to invest more than $1 billion after PSC

UK-based BG Group and Australia’s Woodside Energy have committed to investing more than US$1 billion in four offshore blocks.

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Arbitration bill no panacea for tricky dispute settlements

Arbitration was brought into the spotlight by the high-profile dispute at Myanmar Brewery last year, though the case – like many such local cases – was decided in Singapore.

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Responsible Business Center expands scope

Myanmar Center for Responsible Business will broaden its scope to begin systematically seeking public feedback about specific grievances regarding companies’ operations, as it launches the research phase for its 2015 transparency in Myanmar Enterprises report.

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