The Yangon Region government has signed a concession agreement with Malaysia-owned BDS Smart City Co Ltd to formalise a public housing and mixed-development project in Yangon, according to a stock exchange filing by Berjaya Land Bhd, the parent of BDS Smart City. The project will be developed across 183 acres of land at the corner […]

The Ministry of Finance, Planning, and Industry’s Financial Regulatory Department has approved a plan by two insurance joint ventures to offer bancassurance products under a pilot project following the liberalisation of the insurance industry in Myanmar. KBZ MS is a joint venture insurance company between between IKBZ Insurance and Japanese insurer MSI, while AYASOMPO is […]

The European Union (EU) will continue to engage with countries, including Myanmar, that fall under its Everything But Arms (EBA) trade initiative. EBA is an initiative under which all imports to the EU from the Least Developed Countries are duty-free and quota-free, with the exception of armaments. The initiative is part of the EU Generalised […]