Nikkei Rises to Fresh Highs Ahead of BOJ
Myanmar
featured
Ken Cheung, Partner at Berwin Leighton Paisner, Singapore says that extractive industries like mining as well oil and gas are the most attractive investment opportunities in Myanmar.
» Read More
More
-
**Kinross Gold Corp estimated the cost of a scaled-back expansion of its struggling Tasiast mine in West Africa at $2.7 billion, more than some analysts had expected, sending its shares 3 percent lower.
-
Singapore shares rose slightly, led by CapitaLand Ltd after the biggest property developer in Southeast Asia posted strong first-quarter results. The Straits Times index was up 0.2 percent at 3354.34, its highest since early 2008, matching the rise in the MSCI's broadest index of Asia-Pacific shares outside Japan.
-
SINGAPORE, April 29- Asia needs to guard against asset bubbles and its emerging economies must improve government institutions and liberalise rigid labour and product markets if they wish to reach the level of developed countries, the International Monetary Fund said on Monday.
-
SINGAPORE, April 29- Shares of Aussino Group Ltd. Aussino shares had previously run up after the Singapore bed linen retailer said last year that it will issue new shares to buy the energy business of the Max Myanmar Group, headed by Myanmar tycoon U Zaw Zaw. If the transaction were to succeed, Zaw Zaw would have become the new controlling shareholder of Aussino.
-
SINGAPORE, April 29- Cellular operator Digicel Group Ltd jumped into Myanmar early and big, hiring staff, funding local sports, negotiating land deals for thousands of cell tower sites and signing up hundreds of partners for retail outlets.
-
By Harry Papachristou ATHENS, April 26- Greek telecoms company OTE. struck a deal on Friday to sell its Bulgarian unit to Norway's Telenor and will use the proceeds to reduce its debt and fight for clients in its recession-hit home market.
-
Rather than referring to the end of 2015 as a firm goal, officials at this year's first summit of leaders of the Association of Southeast Asian Nations, whose 10 members range from glitzy Singapore to impoverished Myanmar, prefer to call it a "milestone" to be built on in years ahead.
-
BEIJING, April 25- China's Sinopec Group, Asia's largest oil refiner, said on Thursday it agreed to sell a stake of 30 percent in an oil and gas block in Myanmar to Taiwan's CPC Corp, one of a series of deals between state-owned energy giants and the Taiwan firm.
-
*The S&P 500 and Nasdaq ended flat on Wednesday with Boeing's five-year high among the day's highlights, but weakness in Procter& Gamble and AT&T kept the Dow in negative territory. FACTORS TO WATCH* India parliament budget session. India's Jet Airways in $379 mln stake sale to Etihad.
-
YANGON, April 25- Introduced a decade and a half ago under Myanmar's former military rulers, SIM cards sold for as much as $7,000 apiece.
-
YANGON, April 25- Introduced a decade and a half ago under Myanmar's former military rulers, SIM cards sold for as much as $7,000 apiece.
-
WASHINGTON, April 23- The United States is reviewing trade relations with Myanmar in a move that could end import duties on thousands of goods from the Southeast Asian country, which Acting U.S. The United States has already rewarded Myanmar for political reform by lifting long-time economic sanctions and easing most of its ban on imports from the country.
-
Nomita Nair, partner at international law firm, Berwin Leighton Paisner, talks to CNBC about Myanmar following sanctions on the country being lifted by the European Union.
-
*Rights group accuses Myanmar authorities of crimes against humanity. LUXEMBOURG, April 22- The European Union agreed on Monday to lift all sanctions on Myanmar, except for an arms embargo, despite a Human Rights Watch report which accused authorities of complicity in the mass killing of Muslims in the west of the country last year.
-
WASHINGTON- The FBI arrested a Mississippi man on Wednesday in connection with letters sent to President Barack Obama and two other officials that are believed to have contained the deadly poison ricin, the U.S. Justice Department said.
-
Jeremy Kloiser-Jones, CEO of Bagan Capital, discusses the evolving investment environment in Myanmar.
-
WASHINGTON, April 15- The World Bank's political risk guarantee agency hopes that with a new insurance facility it can help attract more companies into conflict-hit states early on as the country rebuilds and tries to get people back to work, a senior official said on Monday.
-
Jeff Kingston, Director of Asian Studies at Temple University, says Myanmar opposition leader Aung San Suu Kyi's star power in Japan are instrumental in her call for infrastructure and investment support.
-
HONG KONG, April 12- Hong Kong shares are set for their best week in more than three months on Friday, but will be tracking slim losses in Asia and trimming a low-volume bounce off Monday's multi-week lows. Elsewhere in Asia, Japan's Nikkei was down 0.3 percent, while South Korea's KOSPI was down 0.1 percent at 0055 GMT.
-
The companies include India's Bharti Airtel Ltd, China Mobile, Japan's KDDI Corp, Africa's MTN, Singapore Telecommunications Ltd, Norway's Telenor SA and Digicel, a group backed by billionaire George Soros. China Mobile has teamed up with Vodafone, while France Telecom-Orange is working with Marubeni, and Africa's MTN with M1 Telecom and Amara Communications.