[Business News Diges]Business and lifestyle infomation in Myanmar

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Business News Digest

Japan leads the cold logistics revolution - Kokubu, Sojitz pioneer the market
Yangon's supermarket and convenience store product selection is changing drastically. Japanese companies such as Kokubu and Sojitz are...
Mitsubishi auto showroom opened
On December 15, a showroom handling Mitsubishi vehicles opened in Yangon. Mitsubishi and Serge Pun & Associates (SPA) invested in the...
Nippon Express sets up new corporation in Thilawa
On December 14, Nippon Express Group announced that it had set up new logistics company in Thilawa SEZ on the outskirts of Yangon...
Telenor and Viber join forces to take on MPT and LINE
On January 4, Norway's telecommunications company Telenor tied up with Rakuten subsidiary Viber, a free voice and messaging app, to...
The Yangon Stock Exchange is born
On December 9, Myanmar's first stock exchange, the Yangon Stock Exchange (YSX) officially opened. The exchange is managed by a joint...
Financial Research Institute offers investor education seminars
To support the opening of the Yangon Stock Exchange, the Financial Research Institute under the Japanese Ministry of Finance held...
MUFG training center opens to develop finance human resources
On December 1, the "MUFG Computer & Language Lab" which teaches computers and languages opened as an education institution under the...
60,000 attend the Myanmar Festival
The Myanmar Festival was held during November 28-30 at Zojoji Temple in Tokyo. Over 60,000 people visited the festival to enjoy...
Election to decide the future of Myanmar NLD win landslide
On November 8, the Myanmar government held an election for parliament. It was the historic general election since the transition to...
Toyota announces a new pickup model Lower cost than old Hilux
On October 18, Toyota announced its new model pick up "Hilux Revo" in Myanmar. Toyota has high expectations in Myanmar for the model...
Pizza Hut enters the market, Japan's Freshness Burger retreats
On October 22, the US company Yum Brands' pizza chain Pizza Hut opened its first branch in Yangon's Bahan township. Hong Kong's Jardine...
World Bank-"Myanmar economy significantly decelerating" Predicting growth to slow by 2% to 6.5%
On October 5, the World Bank released a report projecting that Myanmar's real economic growth rate for 2015 would be 6.5%. When compared...
Thilawa SEZ opens - Foreign investment gains momentum
On September 23, the Thilawa Special Economic Zone (SEZ), a venture developed through the cooperation of Japanese and Myanmar public...
Daiwa to get securities license - other licenses to bank-related companies
For the securities companies who will trade on the Yangon Stock Exchange, which is being established with the support of Japan, the...
New credit guarantee - SMBC provides advice
On September 4, the Myanmar government launched a new credit guarantee system. Under the new system, when SMEs borrow from the bank...
Nippon Express reduces logistics transport time
On September 9, Nippon Express Company announced that it had reduced the number of days for overland logistics travel from Myanmar...
Kirin acquires Myanmar Beer Dominates the beer market
On August 19, Kirin Holdings acquired 55% of the issued share capital of the Myanmar company Myanmar Brewery which produces and sells...
Heineken launches a new beer "We will overtake Myanmar Beer"
On August 27, Heineken launched its new product for Myanmar, "Regal Seven". At the product launch, the management commented on the...
Luxury Japanese nail salon opens
On August 16, Japanese company MJ Link opened a Japanese style luxury nail salon "Grace" at Taw Win Center in Yangon. The salon has...
Japan donates Yen 9 billion to flood victims
On September 9, the Japanese government announced it would donate Yen 9 billion in aid to cope with the massive flood damage. They...
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