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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.
December 15, 2017
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.
November 16, 2017
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.
October 12, 2017
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
October 02, 2017
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.
August 29, 2017
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.
August 25, 2017
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
August 21, 2017
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
June 19, 2017
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.
June 13, 2017
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.
June 12, 2017