Capital Diamond Star Group has kept a low profile for most of its history; at least as much as is possible for a company of 7000 employees and some of Myanmar’s major brands to stay out of the limelight.
A government decision to allow private companies to store and distribute fuel has resulted in a sharp rise in imports, according to Union minister for transport U Nyan Tun.
The Singapore International Mediation Centre is pushing for businesses to turn to mediation instead of more costly arbitration.
Nearly all of the 19 foreign companies submitting letters of expression of interest for a joint venture Liquefied Petroleum Gas (LPG) project have done so with a local partner, according to an announcement.
The infrastructure to facilitate card payment transactions is essential if Myanmar’s economy is to evolve beyond a system dominated by cash, said banking officials at the Myanmar Banking and Finance Conference in Yangon on 28 July.