BASF opens office in Myanmar 21 September.
BASF has opened a representative office in Yangon. It is Located at the Sedona Hotel building, Kabar Aye Pagoda Road. This is the first office for BASF in Myanmar. This…
Why companies are choosing FocusCore corporate services and serviced offices in Yangon.
$1.8bn, $8.5bn - the budgets for special economic zones in Myanmar as detailed in our recent blogs. The economic pace is attracting more companies to invest and open in Myanmar.…
Myanmar and Japanese officials cut ribbons during the opening ceremony of the Thilawa Special Economic Zone at Thanlyin township outside Yangon September 23, 2015. Thilawa SEZ, one of the major economic projects started by president Thein Sein with the help of Japanese funding, is a $1.5 billion manufacturing complex designed to lure investment and help the impoverished country compete in the global marketplace. REUTERS/Soe Zeya Tun
Thilawa Special Economic Zone – Phase 1 started 23 September.
Phase 1 of the $1.5bn Thilawa Special Economic Zone (SEZ) was officially opened on September 23. This is 23 kms South East of Yangon, South of Thanlyin Township and is…
Monywa Town site chosen by Rosewood Capital for hotel and two condominiums – budget $280m.
Rosewood Capital won the tender for this project and a memorandum of understanding with the Government of Myanmar is in preparation. The development will be on Daw Na Chan Street,…
The importance of a modern payroll system
We use for our own bookkeeping and for our clients a Xero Accounting system. These on-line services, which are secure and backed up with resilient networks and processes, offer you…
The Industrial and Commercial Bank of China (ICBC) arrives in Myanmar
Last year The Industrial and Commercial Bank of China (ICBC) ICBC was one of nine overseas banks and the only bank from China, to apply for and receive a licence…
Enhance SME funding with clearer accounting processes.
Small and medium size companies all over the world face many similar issues. Probably the most important and one that can make or break progress, is the process to find…
New shipping container service planned between Yangon Sri Lanka and India.
Herbilan Shipping Pvt has announced they will provide via the Indian port of Visakhapatnam (also known as Vizag) a container service linking Colombo, Sri Lanka and Yangon. The service is…
Millcon Steel of Thailand announces joint venture $15m investment in new steel production site in Thilawa.
Thilawa Special Economic zone has a new investment project, a joint venture valued at $15m for a new Millcon steel manufacturing plant that will produce up to 90,000 tonnes per…
The Japan International Cooperation Agency proposes 2 underground railways for Yangon
With forecasts that the Yangon population will double to 10 million in 25 years The Japan International Cooperation Agency (JICA) has proposed two underground railway lines for Yangon to help…