Myanmar

Broker's Calls

Christmas could arrive today for Yoma, says DBS

SINGAPORE (Dec 15): Christmas could arrive early today for Yoma Strategic, one of the few listed proxies for the Myanmar property market, says DBS.

Shopper360 one step closer to JV to provide marketing services in Myanmar

SINGAPORE (Nov 16): shopper360, the Malaysia-based shopper marketing services provider, has entered into a definitive joint venture agreement with Pahtama Group to incorporate a new joint venture company in Myanmar.

Thai Beverage acquires Grand Royal distilleries in Myanmar for $1 bil

SINGAPORE (Oct 12): Thai Beverage has acquired two spirits production facilities in Myanmar that distil, blend and bottle the Grand Royal brand of spirits.

ETC Singapore to ally with Yoma Bank in Myanmar Golden City project

SINGAPORE (Oct 2): Emerging Towns & Cities Singapore (ETC Singapore) has entered into a strategic partnership with Yoma Bank to provide affordable financing to Myanmar citizens for its flagship Golden City project in Yangon, Myanmar

Commodities

Interra Resources commences drilling at Chauk development well

SINGAPORE (Aug 29): Interra Resources says its jointly-controlled entity, Goldpetrol Joint Operating Company, has commenced drilling for development well CHK 1203 at its oil field in Chauk, Myanmar.

Tech

Grab to invest US$100 mil in Myanmar as smartphone use surges

SINGAPORE (Aug 25): Grab, Southeast Asia's biggest ride-hailing app, plans to invest US$100 million ($136.1 million) in Myanmar as it extends its battle with Uber Technologies to capture exploding use of smartphones.

Broker's Calls

Could Yoma be on the cusp of re-rating with potential spinoff?

SINGAPORE (Aug 21): OCBC Investment Research is maintaining its “hold” call on Yoma Strategic Holdings with an unchanged fair value estimate of 58 cents, following news of a slight adjustment to Yoma’s shareholdings in SHC Capital Asia post its prop

Myanmar's tourism destination dreams fade amid empty hotels

(June 19):  With its sweeping view of the Shwedagon Pagoda, a glittering golden stupa and Myanmar’s top cultural attraction, the Esperado Lake View Hotel should be in an enviable spot. Yet, just two years after it was built, this four-star hotel sits h

Broker's Calls

Why RHB likes Emerging Towns & Cities

SINGAPORE (June 13): RHB likes Emerging Towns & Cities Singapore (ETC), a niche developer currently focusing on development projects in Myanmar and China.

SC Auto sets up $30 mil overseas facility in Myanmar with IE Singapore support

SINGAPORE (June 12): SC Auto, Singapore’s largest bus manufacturer, announced today it will be setting up its first overseas facility in Yangon, Myanmar, worth $30 million.
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