Myanmar: Japanese airliner ANA invests in new venture, to begin ops in 2018


ANA Holdings Inc. has invested in a new airline venture in Myanmar that aims to start international flights in 2018 as the Japanese carrier seeks to capture demand in Asia’s fastest-growing economy. ANA has a 49 percent stake and a local company holds the remainder, Shinya Katanozaka, chief executive officer… Read more »

Myanmar Dealbook: Mizuho, Max in MoU; Ford, Nissan, Lisan set up assembly

Mizuho Bank signed a Memorandum of Understanding with Max Myanmar Holding Co Ltd to support Japanese investors.Ford, Nissan and Lisan are starting their facility to assemble car parts in Myanmar and sell their new cars.

Myanmar: Great Hor Kham defers listing to March, to issue shares in four tranches

Great Hor Kham Public Company plans four times of initial public offering in four years that will allow its Nam Paw Hydropower investment.

Myanmar Digest: US Convalt to invest $480m; Two Hilton hotels coming up

Convalt Energy has got an approval for $480m solar power work in Mandalay Region. Two new Hilton hotels to be ready for opening by 2018.

Taiwan’s SheenHo restaurant chain, Thai TOA Paint to invest in Myanmar

Taiwan’s SheenHo International Creation Group has given a master franchise to a local company, Creation Strength Co Ltd to open restaurants.

Myanmar PE firm Delta Capital hits first close at $30m for second vehicle

Delta Capital Myanmar has fulfilled a seed round of over $30 million and on its way raising a full $100 million by mid 2017.

HK’s H&Co, Mya Bay work on $200m realty project in Myanmar

Hong Kong’s H & C Real Estate and Myanmar’s Mya Bay Development Company is starting the implementation work of $200 m Platinum Pathein project.

Rocket’s Daraz brings Black Friday sales again to Myanmar

Rocket Internet backed Daraz has brought the popular Black Friday sales for the second time in Myanmar for three days on Nove

US-based beverage can maker Ball Corp starts ops in Myanmar

Ball Asia Pacific (Yangon) Metal Container Limited opens its $45m investment of can facility in Myanmar.

Myanmar: Nod for Taiyo Nippon Sanso, Buhler investment plans

Japan’s Taiyo Nippon Sanso to invest $11.29 million to produce industrial gases and supply in Myanmar. Buhler Myanmar will be investing $5.2 million to import and assemble Buhler machines.