logo
Read More

Thailand: SCB waits on new Myanmar licence

Siam Commercial Bank plans to open its first branch in Myanmar this year if the Central Bank of Myanmar (CBM) grants a bank subsidiary licence, says a SCB senior official. If approved, SCB will upgrade the existing representative office to a branch, said first executive vice-president Kamalkant Agarwal. The bank needs time to develop infrastructure […]

Read More
chat
Read More

Myanmar govt reveals 58 national development projects in project bank

The government revealed 58 national development projects during the launch of its online project bank website yesterday.  Announced last year, the Myanmar Project Bank is an interactive web-based platform designed to highlight investment projects in line with the implementation of the Myanmar Sustainable Development Plan (MSDP) for 2018-2030. It can be found on www.projectbank.gov.mm. The 58 […]

Read More
logo
Read More

Myanmar permits 16 foreign investments in Yangon Region

YANGON, Feb. 23 (Xinhua) — Myanmar’s Yangon Region Investment Committee (YRIC) recently approved 16 foreign investment businesses for the region, according to the Directorate of Investment and Company Administration (DICA) late Saturday. A total of 28.507 million U.S. dollars of foreign investments from China, Seychelles and Estonia as well as 3 billion Kyats (2 million […]

Read More