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.» Read More
Human rights activists step welcomed the action against Aung Thaung, who was industry minister under the former ruling junta and a leader of a pro-military organization blamed for mob attacks. The U.S. has rolled back most sanctions against the country also known as Burma as it has shifted from military rule since 2012. But to the chagrin of American companies...
YANGON, Myanmar— Myanmar's army shot dead a journalist who was detained while covering clashes between the army and ethnic rebels at the rugged border, saying he reached for a soldier's gun during an attempted escape, the press council said Friday. It released a military statement that said Aung Naing was arrested Sept. 30 after an attack on the army near...
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.
*Taiwan garment maker is Cambodia's second ever listing. PHNOM PENH/ HONG KONG, June 16- The number of companies on Cambodia's stock exchange doubled on Monday- to two.
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.
Jon Fredrik Balsaas, president and CEO of Telenor, talks about the launch of operations in Burma (Myanmar), where there is a "lot of pent up demand".
Norway's Telenor and Qatar's Ooredoo have bagged the fiercely fought telecom licence auction in Myanmar but their task is just beginning says Sachin Gupta, Regional Head of Telecommunication Research, Nomura.
In a first on CNBC interview, Sigve Brekke, Head of Asia Operations at Telenor describes the firm's challenges ahead after becoming one of two foreign telco operators in Myanmar.
Nirgunan Tiruchelvam, Equities Analyst at Standard Chartered says there is an increase in disposable income in Southeast Asia which will have a positive effect on the consumption story in the region. He believes Myanmar's beer market has potential for strong growth.
Douglas Clayton , CEO of Leopard Capital tells CNBC's Cash Flow why he remains very bullish on the Mekong and Southeast Asian markets.