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Business News Digest

Construction Equipment Rental DRM held opening ceremony
Diamond Rental Myanmar (DRM) held a ground opening ceremony in Sule Shangri-la hotel in Yangon on December 9, 2016. The ceremony had...
AEON 1% Club Scholarship Awarding Ceremony
"AEON 1% Club", a foundation which supports students in Asia, held the AEON scholarship awarding ceremony at Yangon University of...
Suzuki Opens A New Car Showroom In Ahlone District
Suzuki opened a new vehicle showroom in Ahlone district, Yangon on December 24, 2016. This business will be operated by Sakura Trade...
"The JAPAN BRAND" Opening Ceremony
A permanent exhibition "The Japan Brand" opened on the ground level of Sakura Tower on December 23, 2016. It was hosted by MYANMAR...
State Counsellor and Minister of Foreign Affairs Daw Aung San Suu Kyi official visits to Japan
During November 1-5, State Counsellor and Union Minister of Foreign Affairs Daw Aung San Suu Kyi visited Japan for the first time...
New customs system MACCS launched
On November 12, the new MACCS(Myanmar Automated Cargo Clearance System) promoted by the Myanmar Department of Customs was...
Suzuki's strategic car for Asia the "Ciaz" to be sold in Myanmar by 2017
On November 2, Suzuki announced plans to introduce the authentic "Ciaz" sedan to the Myanmar market. "Ciaz" can be called an ASEAN...
Japanese government donates meteorological radar towers 2nd tower is completed
On October 24, the handover ceremony for the completion of a meteorological radar tower and meteorological measurement...
"Panglong Conference" held with the aim for national peace UN Secretary
"On August 1, Japanese major distributor Aeon announced that Aeon Orange, a joint venture set up with CreDuring the four days from...
Earthquake in central Myanmar
On August 24 at 5:05pm, a magnitude 6.8 earthquake struck Myanmar's central region around 25 km west of Chauk. The depth of the...
JCB issues cards in Myanmar Credit cards
On August 16, Ayeyarwady (AYA) Bank in partnership with Japan's JCB Card and Myanmar Payment Union (MPU), the national payment...
Yumi Katsura expands into Myanmar Holds a glamorous fashion show
On August 19, the world-renowned fashion designer, Yumi Katsura, opened her bridal salon, "Yumi Katsura Bridal House" at Sule...
Aeon to enter Myanmar | The first of Japan's major retailers
On August 1, Japanese major distributor Aeon announced that Aeon Orange, a joint venture set up with Creation Myanmar...
Mitsubishi Corporation and Mitsubishi Estate to commence
On July 12, Mitsubishi Corporation and Mitsubishi Estate announced a large-scale redevelopment project in downtown Yangon...
Hitachi establishes Home Electronics subsidiary
On April 1, Hitachi established "Hitachi Home Electronics Myanmar Co., Ltd." to market its home electronics in Myanmar. On July...
Sompo Japan to partner with Myanmar Rice Federation
On July 26, Sompo Japan Nipponkoa Insurance signed a partnership with the leading association of rice producers, Myanmar Rice...
Commemoration of the 69th anniversary of Martyrs' Day
On July19, State Counsellor Aung San Suu Kyi, daughter of fallen Martyr Leader General Aung San, paid tribute at the...
Launch of KIRIN ICHIBAN cans and bottles
On June 21, Kirin Holdings hosted "KIRIN ICHIBAN FESTA 2016" at PARKROYAL Hotel for 250 local restaurant owners to commemorate...
Weathernews Inc. set up operation center in Yangon
On June 8, the Weathernews Inc. opened up its operation center in Sakura Tower. The opening ceremony was attended by Japanese...
HIDA sets up Yangon office
On June 10, the Overseas Human Resources and Industry Development Association (HIDA), which conducts training for industrial...
President Htin Kyaw's Myanmar New Year Greet
"Continute to co-opearate with us"
On April 17, President Htin Kyaw sent his New Year Message to the people for Myanmar new year at the state-owned media...
Suu Kyi leads the government as the State Counsellor
Under the new government, NLD leader Aung San Suu Kyi took the post of Foreign Affairs and President Office in the new Cabinet...
FMI hits price ceiling on its initial trading
Yangon Stock Exchange (YSX), which was established with Japanese aid, listed its first company – investment firm First Myanmar...
Japanese law firm starts a Myanmar legal database
On April 1, SAGA ASIA Consulting based in Yangon launched an English and Myanmar language based "Myanmar Law Database" on...
Myanmar parliament elects first civilian president
The Union Parliment has elected Htin Kyaw of the National League for Democracy as president with 360 of 652 votes cast in parliament...
Digitalizing customs Start registration in April
Japan is supporting Myanmar to digitalize its customs clearance system and as a step to launching full operations by fall, the...
Acecook launches "Curry Noodle"
Traditional "Hin" curry for instant noodles
In February, Japanese food manufacturer, Acecook launched its new "Yo Yar" instant noodles which use Myanmar's traditional curry...
"Kirin Ichiban" beer launched end of March
Myanmar's largest brewery Myanmar Brewery, which was majority acquired by Kirin Holdings, launched "Kirin Ichiban" in Myanmar...
Opening of "the Suu Kyi parliament"
Jostling for the appointment of President
On February 1, Aung San Suu Kyi's NLD party, which won the November elections with a large margin, opened their first parliament...
NLD Economic Committee visits to Japan
From January 23, the 15 representatives from the next government NLD's Economic Committee visited Japan for 1 week to meet with...
Central bank systems operational
Reducing manual operations with Japanese cooperation
On January 5, the Myanmar Central Bank's core system (CBM-NET) which handles bank settlements began operations. Supported by Japanese...
JGC and Changi sign for new Airport
On January 30, the consortium of JGC, a Japanese engineering company, and Singapore's Changi International Airport signed a contract...
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