Ayala Furthers Myanmar Expansion With Investment in Yoma
Thu, 14/11/2019 - 18:15

The Philippines’ oldest family-owned conglomerate is furthering its expansion in Myanmar after Ayala Corp. said it will acquire a 20% stake in Yoma Strategic Holdings Ltd. and its affiliate First Myanmar Investment Public Co. for $237.5 million.

Ayala, which has investments spanning bankin...

State Counsellor meets with Japanese PM, attends 2nd Myanmar Investment Conference
Tue, 22/10/2019 - 14:45

State Counsellor's statement at Second Myanmar Investment Conference, Meiji Kinenkan Hall. Tokyo (October 22, 2019)
"We have been both aggressive and strategic in liberalizing various key economic sectors. Our insurance sector, for example, has recently been liberalized, allowing for 100 pe...

State Counsellor Facebook page
Top-20 improvers in Doing Business 2020
Mon, 30/09/2019 - 18:15

Myanmar implemented five initiatives that enhanced its business environment. The city of Yangon strengthened construction quality control by imposing stricter qualification requirements for architects and engineers and invested in its water and sanitation infrastructure. Nationally, Myanmar launc...

doingbusiness.org (The World Bank)
Myanmar, South Korea Sign Major Agreements on Trade, Investment and Finance
Fri, 06/09/2019 - 05:15

YANGON—Myanmar and South Korea signed five Memorandums of Understanding (MOUs) on financial, trade and investment cooperation as well as infrastructure projects at the Myanmar-Korea Business Forum on Thursday.

Held in Myanmar’s commercial capital, Yangon, the forum was attended by South Ko...

Irrawaddy (5 September 2019)
President Moon stresses economic cooperation with Myanmar
Thu, 05/09/2019 - 17:30

President Moon Jae-in on Sept. 4 stressed the importance of economic cooperation with Myanmar at a groundbreaking ceremony for an industrial complex and a business forum held in Yangon. At the event themed "Korea and Myanmar, companions of coexist

ence and prosperity," about 200 members of...

U.S. Embassy in Yangon Makes Travel to the U.S. Easier
Thu, 15/08/2019 - 03:45

Yangon – The U.S. Embassy announced another step to make travel easier between Myanmar and the United States. Myanmar citizens can now apply for a combined B-1/B-2 visa, which allows travel to the U.S. for both business and/or tourism purposes. ‎The single-entry visa is valid for three months and...

US Embassy Yangon, Myanmar