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Nine-Month Jade Exports Triple to $924 Million

Myanmar’s total proceeds from the export of jade in the first nine months of the 2013-14 (April-March) fiscal year soared to $924 million (K887), compared with $297 million during the entire previous fiscal year, official data released by the Ministry of...

France to Help Urbanise Mandalay

France will help in the urbanisation process of Myanmar’s second largest city Mandalay through infrastructural development assistance. Under an agreement signed between Mandalay City Development Committee (MCDC) and France’s will provide assistance in the...

KHG’s Launches Luxury Condominium in Myanmar

KHG Development broke ground of its residential luxury condominium following the opening of its sales gallery last month, the Singapore-based conglomerate said. The development, INFINITY, is located on the edge of Golden Valley in Kabar Aye Pagoda road in Yangon....

KBZ Bank to Launch Online Banking Services

Myanmar’s largest private bank, Kanbawza Bank, will launch online and mobile banking services soon, the bank said. US-based information security company, RSA, will provide protection to its  customers from online fraud and cyber threats, it sdid. RSA is the...

Myanmar’s Legal Framework and Immigation

In this week’s case study, our client,XYZ B.V., asked us if it is possible to send an executive employee to Yangon to conduct market research before their new company has been approved and registered for operation. In our case study last week, we already advised...