Myanmar

SINGAPORE (June 21): Kutupalong refugee camp, Cox’s Bazaar, Bangladesh: It is hot and humid now in Bangladesh, more so in the coastal city of Cox’s Bazaar, which boasts the longest stretch of beach in the world. The Bangladeshis who live in this city

SINGAPORE (Dec 27): RHB Research is maintaining its “buy” call on Yoma Strategic while lowering its target price to 57 cents from 66 cents, after the stock’s recent share price recovery from all-time low levels in Oct.

SINGAPORE (July 24): Yoma Strategic Holdings reported a loss of $15.9 million for 1Q19 compared to earnings of $2.8 million a year ago on higher finance expenses, lower other income, as well as greater share of losses of joint ventures and associated comp

SINGAPORE (June 29): Yoma Strategic Holdings saw revenue from its non-real estate business surge 33% y-o-y to $65.2 million in FY18, accounting for 60% of its total revenue, as compare to 47% of its total revenue in FY17.

SINGAPORE (May 25): Yoma Strategic plans to form a joint venture (JV) company with French spirits giant Pernod Ricard to focus on the production and distribution of whisky in Myanmar.

SINGAPORE (Apr 3): International Finance Corporation (IFC) is joining as a new investment partner in Yoma Micro Power, a joint venture between Yoma Strategic Holdings and Norwegian state-owned fund Norfund.

SINGAPORE (Apr 2): Yoma Strategic Holdings says deemed subsidiary, SGG Motor Services, has opened Myanmar’s Ducati motorcycle showroom at 35th Street, Mandalay.

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

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.

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