Asian company QNET, part of an estimated US$178 billion [K178,000 billion] global direct selling industry, has entered the direct selling sector in Myanmar and has set up an office in Yangon, according to a press release from the company on March 10.
|Myat Hnin Phyu ,Senior Manager of Digital Services with the award. Photo: Ooredoo|
Ooredoo Myanmar has announced it was awarded the GSMA’s “Connected Women: Leadership in Industry Award” for its work to empower women in Myanmar.
Thai stock exchange-listed steelmaker Millcon Plc (MILL) is expected to start its operations in Myanmar next year after being granted a licence to invest in the special economic zones recently, reports the Bangkok Post on March 5.
The Myanmar government is expected to sign an agreement with two Thai construction companies to start developing the first phase of the Dawei megaproject, the Bangkok Post reported on March 3.
Fifty farmers from Kyauk Phyu Township in Rakhine State recently demonstrated calling for compensation over mud from the gas pipeline construction destroying their farmland, reports Burma News International on February 24.
A Korean company is aiming to build and operate the first cable car in Mount Kyaiktiyo in Mon State next year, according to The Korea Herald on February 23.
Convenience and modernisation are major factors for Thai companies keen to attract Myanmar consumers, according to the Bangkok Post on February 24.
Myanmar workers are preparing to protest over alleged discrimination by Thailand’s PTT Exploration and Production Company, according to the Zawtika Offshore Myanmar Organization or ZOMO on February 20.
The Union of Myanmar Federation of Chambers of Commerce and Industry says it expects the volume of bilateral trade between Myanmar and India will reach US$10 billion [K10,000 billion] by 2020, reports Xinhua on February 19.
A hotel group based in the United States has unveiled plans for a US$157 million mixed-use development on Yangon’s Kandawgyi Lake, business news website Octa Finance reported on February 19.