Myanmar Business Network: Korean banks eye expansion into Myanmar

Myanmar Business Network: Korean banks eye expansion into Myanmar: Korean banks are pushing to make inroads into the Myanmares market in a bid to find their new sources of income amid a saturated local mark...

Myanmar Business Network: Firm carries out EIA on Rakhine hydropower project...

Myanmar Business Network: Firm carries out EIA on Rakhine hydropower project...: Shwetaung Company is carrying out environmental impact assessment on Saidin hydropower project in Buthidaung Township in Rakhine State, sour...

Myanmar Business Network: Myanmar, Japan sign MoU on cooperation in Thilawa ...

Myanmar Business Network: Myanmar, Japan sign MoU on cooperation in Thilawa ...: Myanmar and Japan on Friday signed a memorandum of understanding (MoU)in Yangon on cooperation in a special economic zone(SEZ), Thilawa in Y...

Myanmar Business Network: Visa cards now available in Myanmar: CB Bank

Myanmar Business Network: Visa cards now available in Myanmar: CB Bank: Visa cards can now be used in Myanmar, according to an official from a commercial private bank in the country. Managing Director Phay Myin...

Myanmar Business Network: Japan invests glove factory in Bago

Myanmar Business Network: Japan invests glove factory in Bago: A Japanese glove factory is currently under construction just outside the Bago city, which is located 60km north from Yangon, sources report...

CHINESE BUSINESS

CHINA INDUSTRY EXPO-MYANMAR

It was held on December 6 - 8 ,2012 at Tatmadaw Hall.

50 companies were participated.Vehicles & spare parts,machinery & equipment,electronics & household electrical appliances,hardware & tools,health products & medicines,textiles,chemical products and domestic articles, nondurable consumer goods.Organized by Trade Development Bureau of Ministry of Commerce of P.R.China,Department of Commerce of Yunan Province and China Economic & Trade Consultants Corp.

The supporters are Economic and Commercial Counsellor's office of Chinese Embassy in Myanmar and Union of Myanmar Federation of Chambers of Commerce and Industry.

Exhibition Service was given by china Exhibition & Forum Co.,Ltd. and Myanmar Tourism Resources Co. Ltd.

China Hi-tech group corporation is popular for its products.Hunan Nongyou Machinery group co.,ltd. was liked by visitors.One visitor bought mini rice mill.

12th Myanmar-China Border Economic and Trade Fair 

The three-day 12th Myanmar-China Border Trade Fair was opened at Muse 105th Mile Border Trade Zone in Northern Shan State on 9th December.With about 218 standard booths,including 123 booths from the Chinese side,93 booths from Myanmar side,and two booths from Thailand,which is wonderful.From January to October 2012,two-way trade stood at 1.722 billion US Dollars,up 2,2 percent year on year,and the trade volume this year is expected to exceed last year.

Cuba-China tie

Cuban leader Raul Castro met with visiting Li Yuanchao,member of the Political Bureau of the Communist Party of China(CPC) Central Committee,in Havana,capital of Cuba,on Dec 8,2012.Cuba is willing to elevate the Cuba-China ties to a higher level.Both side signed an agreement on exchanges and cooperation between the two parties.

China-Argentina tie

Chinese Political Adviser Jia Qinglin and Argentina President Cristina Fernandez have lauded bilateral relations and pledged to further enhance cooperation.The two countries actively promote the mutually beneficial cooperation in such key areas as energy,power,infrastructure construction,finance and agriculture.

Chinese to buy AIG air lease arm.

A group of Chinese companies,including famous Industrial and Commercial Bank of China (ICBC),is in talks to buy nearly all American International Group Inc.'s aircraft leasing unit for about $5.5.billion.

Myanmar Business Network: Steamed rice export reaches 1,500 tonnes

Myanmar Business Network: Steamed rice export reaches 1,500 tonnes: Myanmar’s export of steamed rice has reached about 1,500 tonnes every month amid increasing demands from different countries, a well-placed ...

Myanmar Business Network: Myanmar cement firms prepare for building boom

Myanmar Business Network: Myanmar cement firms prepare for building boom: Just as cement businesses solidified in Thailand over the course of two decades, the same industry is expected to gel in Myanmar. LV Techn...