Myanmar

(Dec 6): China’s investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports.

SINGAPORE (Nov 10): Parkson Retail sunk into a loss of $5.2 million in 1Q from earnings of $49.5 million a year ago. This came on the back of negative same store sales growth across all regions and losses incurred from new stores and businesses.

SINGAPORE (Nov 10): DBS Vickers Securities is maintaining its “buy” call on Yoma Strategic Holdings with an unchanged target price of 80 cents, while remaining positive on the group’s prospects on the back of an improved operating outlook in Myanmar

SINGAPORE (Nov 8): Yoma Strategic Holdings, the Myanmar-focused business conglomerate, announced 2Q17 earnings rose more than 28 times to $8.5 million from $0.3 million the year before on higher revenue across all three of its core businesses comprising r

SINGAPORE (Nov 1): As Myanmar undergoes a democratic transition, three trends are emerging from its new investment landscape under the new government, says OCBC in a report, This includes the Myanmar Investment Law which could be a game changer for busine

SINGAPORE (Oct 31): Despite a poor showing by its marine division, Sembcorp Industries remains attractive with RHB, DBS and OCBC maintaining a “buy” call with target prices of $3.40, $2.90 and $3.07 respectively.

SINGAPORE (Oct 27): OCBC Investment Research is keeping Yoma Strategic Holdings on “hold” with an unchanged target price of 54 cents following the conglomerate’s announcement that it will be spinning off its tourism-related businesses worth about $7

SINGAPORE (Oct 21): Cordlife Group has signed a marketing agreement with Bio Secure to carry out education-based marketing activities in Myanmar to raise awareness of Cordlife’s products and services.

SINGAPORE (Oct 17): Cedar Strategic is acquiring a 49% effective stake in mixed use luxury development Golden City in Yangon for US$24.9 million ($34.6 million).

SINGAPORE (Oct 12): Australia ranks top in Asia Pacific in preventing illicit trade with a score of 85.2 according to the Illicit Trade Environment Index by the Economist Intelligence Unit commissioned by the European Chamber of Commerce, Singapore.