Aung Kyaw Moe, Founder & Group CEO of 2C2P, introduces the "Citizen Card" - a reloadable prepaid card that the payment services firm launched in collaboration with Myanmar Citizen Bank.» Read More
YANGON, Myanmar— Myanmar has officially opened a deep sea port off its western coast, part of a $2.45 billion port and pipeline project that will carry crude oil from the Middle East to China. CNOC said in a statement on its website that a recently completed pipeline from Kyaukphyu district in Myanmar's Rakhine state to China's Yunnan province will be able to...
The greater Mekong subregion (GMS) could become Asia's new low-cost production hub as the region becomes more integrated, experts say.
YANGON- OBAMA SAYS HIS POSITION ON KEYSTONE PIPELINE HAS NOT CHANGED, CITES PENDING LEGAL ACTION IN NEBRASKA AND SAYS HARD TO EVALUATE UNTIL ACTUAL ROUTE IS KNOWN.
In 2011, Myanmar's president Thein Sein vowed bold reforms to open up the country to global trade and democracy. Has the new regime lived up to its promises? CNBC's Sri Jegarajah investigates.
President Obama's visit to Myanmar for an economic summit this week demonstrates how far the country has come—and how much farther it has to go.
In this edition of "Power Play", CNBC's Sri Jegarajah speaks to a panel of guests on the challenges of investing in Myanmar's energy sector.
SINGAPORE, Oct 13- Yum Brands Inc is partnering with Singapore- listed Yoma Strategic Holdings Ltd to debut a KFC restaurant in Myanmar in 2015, making it one of the first big Western fast-food chains to enter the newly emerging market. Yoma, a Myanmar- focused diversified real estate company, said the KFC franchise would initially focus on Yangon, the country's...
YANGON/ SINGAPORE, Oct 8- Myanmar has thrown open the door to foreign banks, but weak credit protection and tight restrictions on lending mean it's not a warm welcome, at least not yet. Nevertheless, with growth forecast at an annual 8.5 percent over the next few years, according to the International Monetary Fund's latest projections, and an economy where bank...
"Given its size, economic potential and its strategic position between China and India, Myanmar is forecast to be one of the fastest growing economies in the region over the medium term," Andrew Geczy, CEO of international and institutional banking for Australia and New Zealand Banking Group, said in a statement.
Petter Furberg, CEO of Telenor Myanmar, discusses the firm's entry into Myanmar and explains why it is not worried about potential challenges in the country.
Andrew Rickards, CEO of Yoma Strategic Holdings, discusses the company's plans to expand into different cities in Myanmar.
Tony Nash, Vice President of IHS, says Myanmar could be planning to shore up its fiscal position by implementing a nearly 14 percent hike in electricity rates come April.
Serge Pun, Executive Chairman of Yoma Strategic Holdings, speaks to CNBC's Asia Squawk Box about the firm's expansion into the fields of education, agriculture and logistics in Myanmar.
Derek Mitchell, U.S. ambassador to Myanmar, discusses investment and how the newly emerged nation can mitigate the resource curse.
Matt Davies, Deputy Division Chief and Myanmar Mission Chief at the International Monetary Fund, is optimistic on Myanmar's reform success but warns of risks from management capacity.
Jon Frederik Baksaas, CEO of Telenor says the firm is in the final stages of telecom license negotiations with Myanmar's government.
Johannes Benigni, Founder & Managing Director at JBC Asia sees increasing revenue for Myanmar as it opens up new gas and oil fields.
As the firm launches its first first fully-owned country office in Myanmar, Kelvin Leung, CEO, Asia Pacific explains why industrial sectors like construction take top priority.
Matt Bradley, President, ASEAN, Ford talks about the company's first dealership in Yangon, Myanmar and the prospects for building more manufacturing plants in Southeast Asia.
Jon Fredrik Baksaas, CEO of Telenor, highlights that "growth has recovered" and discusses the share buyback program and expansion plans.