Jon Frederik Baksaas, CEO of Telenor says the firm is in the final stages of telecom license negotiations with Myanmar's government.» Read More
China to unveil 10- year reform plan, expectations toned down. BEIJING- China's leaders will unveil a reform agenda for the next, seeking to balance the need to overhaul the world's second-largest economy as it loses steam with preserving stability and to reinforce the Communist Party's power. Asian shares head for 4th day of falls, China reform agenda in focus.
SINGAPORE/ YANGON, Nov 12- At Yangon International airport, large blue and white signs in the arrival and departure halls promote Singapore's stock exchange as the go-to destination for Myanmar businesses seeking capital.
KONEMOE, Myanmar, Oct 22- Htay Aung was riding pillion on a motorbike last Christmas morning, wending through the cool hills of eastern Myanmar, when Air Bagan Flight 11 came down on top of him. Htay Aung found himself sucked into a scorching maelstrom of debris.
YANGON, Sept 20- Myanmar has approved more foreign direct investment in the past five months than all of last year, but companies setting up operations in the hot frontier market face a growing problem: Southeast Asia's highest office rental rates.
*Indonesia mulled for possible investment. FRANKFURT, Sept 11- Volkswagen is taking further steps to beef up its overseas operations as the German carmaker increasingly feels the pinch of slumping demand in ailing European markets.
FRANKFURT, Sept 11- Volkswagen is moving forward with plans to set up production in fast-growing Southeast Asian markets as the German carmaker expands its overseas footprint to boost its global ambitions.
*Former soldier has one of toughest jobs in Myanmar. YANGON, Sept 11- Every evening, long after Yangon's office workers have squeezed onto packed buses for gruelling commutes to the suburbs, a single room remains lit up on the top floor of City Hall.
SINGAPORE, Sept 10- Copper rose for a third consecutive session on Tuesday, buoyed by positive data from China, the world's largest metals consumer, and expectations the U.S. Shanghai copper edged lower as investors awaited China's industrial output data for further evidence of economic recovery.
*China data shows strong imports, inflation steadies. LONDON, Sept 9- Copper rose on Monday, helped by data from China that reinforced expectations of a rebound in demand for metals from the world's largest consumer, and hopes the U.S. China is the world's largest consumer of refined copper, accounting for around 40 percent of global demand.
SINGAPORE, Sept 9- Copper prices rose on Monday after Chinese data pointed to a stabilising economy in the world's top consumer of the metal and on hopes the U.S. The most-traded December copper contract on the Shanghai Futures Exchange climbed 1 percent to close at 52,290 yuan a tonne. "
SINGAPORE, Aug 29- Singapore property and drinks conglomerate Fraser and Neave Ltd said on Thursday its joint venture partner, which is run by the Myanmar military, plans to start arbitration proceedings over the company's stake in Myanmar Brewery Ltd..
TOKYO, Aug 27- Japan's Nikkei share average is set to open lower on Tuesday, tracking a decline on Wall Street, with investors likely to remain sidelined amid a lack of trading cues. Nikkei futures in Chicago closed at 13,540 on Monday, down 0.8 percent from the Osaka close of 13,650. "The Tokyo market is likely to start lower, tracking cues from Wall Street.
SINGAPORE/ TAIPEI, Aug 21- Now in his tenth year as CEO of HTC Corp, Peter Chou is lauded as the architect of the Taiwanese firm's award-winning smartphones.
*Strong monsoon to bolster India edible oil, pulse output. MUMBAI, Aug 19- The value of Indian imports of edible oils and pulses is set to plummet as international prices drop and domestic output climbs in the wake of heavy monsoon rains, helping save the country around $4 billion as it struggles to narrow a gaping current account deficit.
*Asia, U.S. profits rise sharply. LONDON, Aug 12- British insurer Prudential reported a 22 percent jump in its first-half profits on Monday, underscoring the appeal of its Asian business and bolstering chief executive Tidjane Thiam's decision to bet on the fast-growing region. More than four-fifths of Prudential's sales now come from outside of the UK.
TOKYO, Aug 12- The Nikkei average may open lower on Monday after Wall Street eased on worries about the tapering of U.S. economic stimulus, but investors remain cautious ahead of Japan's gross domestic product data due just before the start of trade.
SINGAPORE, Aug 7- Singapore- listed Wilmar International Ltd is looking to expand its palm oil plantations in Africa and could start sugar operations in Myanmar, as its plans to find suitable land in Indonesia hit turbulence.
DUBAI- Iran and the United States signalled a fresh will on Sunday to seek to end the dispute over Tehran's nuclear programme after Hassan Rouhani was sworn in as president and called for dialogue to reduce "antagonism and aggression".
BANGKOK, July 31- Siam Cement Pcl, Thailand's largest industrial conglomerate, is finally catching up with the capacity it overbuilt before the Asian financial crisis as it feeds demand from frontier markets including Myanmar and Cambodia.
SINGAPORE, July 24- After five years of blistering growth sales of high-end smartphones have hit a plateau and the $2 trillion industry- telecom carriers, handset makers and content providers- is buckling up for a bumpier ride as growth shifts to emerging markets, primarily in Asia.