Myanmar

SINGAPORE (March 23): Confusion over a law allowing foreigners to buy condominiums in  Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier market.

SINGAPORE (Feb 24): Yoma Strategic Holdings has entered into a strategic partnership with Metro Group Wholesale & Food Specialist Company to establish a one-stop food distribution platform in Myanmar through the formation of joint venture (JV) company, Me

SINGAPORE (Feb 10): Yoma Strategic reported earnings of $0.3 million for 3QFY17, a 98.7% drop from the earnings of $25.2 million in 3Q16 on lower fair value gain after disposing a partial stake in its telco towers business.

SINGAPORE (Feb 7): CIMB says Singapore Myanmar Investco (SMI) could reverse out of the red in FY18 on the back of growing tourism and foreign investments in Myanmar.

SINGAPORE (Jan 16): United Global says on Monday that its wholly owned subsidiary United Oil Company has signed a joint operation agreement with Lighthouse Enterprise, a lubricant distributor in Myanmar and the unit’s major customer.

MAKATI (Jan 13): Asia's smallest economies are growing faster than giants like China, according to the World Bank. Cambodia, Laos and Myanmar will post the most rapid expansions in Asia after India from 2017 to 2019, sustaining growth rates of close t

SINGAPORE (Jan 9): RHB says Yoma Strategic offers investors the best proxy to invest in Myanmar with its strong and diversified business model.

(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