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.

SINGAPORE (Oct 6): Myanmar’s Kanbawza Bank announced that a new office in Singapore, making it the first bank from Myanmar to land in Singapore’s shores.

SINGAPORE (Sept 29): DBS Group Research is reiterating its “buy” call on Sembcorp Industries with a target price of $3.10, citing the group’s undervalued utilities business although it has expanded regionally.

SINGAPORE (Sept 9): OCBC Investment Research is keeping Yoma Strategic Holdings on “hold” but raising its fair value estimate to 54 cents, from 49 cents previously.