The Myanmar Times
Thursday, 29 January 2015
The Myanmar Times
The Myanmar Times

Puma wins in jet fuel tender

Singapore-based Puma Energy has won the jet fuel tender, according to a government announcement last week.

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Country joins infrastructure fund with ASEAN members and ADB

Myanmar is now the 11th shareholder in the ASEAN Infrastructure Fund, after joining the other nine ASEAN countries and the Asian Development Bank (ADB) in the fund on December 18.

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Traders resist gem trading centre move

Gem traders are opposing plans to move the country’s largest gem market out of downtown Mandalay.

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Yoma Strategic receives US$100m loan from ADB

The Asian Development Bank will lend Singapore-listed, Myanmar-focused Yoma Strategic Holdings US$100 million to develop infrastructure businesses inside the country.

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Tax changes coming for smaller firms

The government plans to set up offices to make paying tax easier for medium-sized and small taxpayers, according to Minister for Finance U Win Shein.

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YTP in talks for Vietnamese partnership

The fourth mobile operator set for Myanmar is close to finalising partnership talks with Vietnam’s military-run Viettel , according to Reuters news agency.

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Petronas executive keen on an Andaman Sea future

Malaysia's state-owned energy firm Petronas is looking at new opportunities in Myanmar as part of a regional push, according to company senior executives.

 

 

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EU chamber pledges to build commercial ties

The European Chamber of Commerce in Myanmar officially opened on December 12, providing a forum for EU businesses to engage with their Myanmar counterparts and government officials.

 

 

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Rubber producers optimistic about future despite price freefall

Rubber exports are on pace to double by 2016 even as plunging prices hit the international market, according to experts.

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Myanma Airways’ name and structure changes

State-owned carrier Myanma Airways will re-christen as Myanmar National Airways as it looks to once again take to international skies, officials said on December 10.

 

 

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