Asia World Company to provide electricity for Bago region

An area of Yangon city with power blackout seen this year (Photo:EMG/Myo Min Htet) Myanmar's Asia World Company has recently been granted permission to distribute electricity to 37 townships in Eastern Bago Region. Asia World Group is Myanmar’s largest and most diversified conglomerate, which interests in industrial development, construction, transportation, import-export, and a local supermarket chain. About half of Singapore’s investment...

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MoneyGram expands funds-transfer service to Myanmar via alliance

The Nation MoneyGram, a leading global money-transfer company, has announced that its international service will be available in Myanmar and will be provided through an alliance with three banks: Asia Green Development (AGD) Bank, Myanmar Citizens Bank (MCB) and Tun Foundation Bank (TFB). "We are happy to announce that we will be reaching consumers in Myanmar through our alliance with these exceptional bank agents," said Grant Lines, MoneyGram senior vice president for Asia-Pacific, South Asia and Middle East.  Its money-transfer...

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Myanmar real-estate summit to highlight infrastructure

The Nation The second Myanmar Real Estate Summit (MRES), to be held in Yangon from September 30 to October 1, will hone in on pivotal issues, critical for investing in that country's real-estate development and property sector. The sector is booming as investors respond positively to the country's economic and political reforms. Burgeoning demand and new opportunities are attracting investments from around the world.  The extent of this can be judged by the fact that Yangon enjoys the highest property prices in Southeast Asia. The...

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