Weekly Business News from Myanmar

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  Thailand to sign a USD 1.7 billion deal to develop the first phase of Dawei Industrial Zone soon

  Thailand to sign a USD 1.7 billion deal to develop the first phase of Dawei Industrial Zone soon
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  Foreign banks call for market access in Myanmar

  Foreign banks call for market access in Myanmar
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  The Central Bank of Myanmar has awarded final licences to Mizuho Bank from Japan and Malaysia's Maylayan Banking Berhad (Maybank)

  The Central Bank of Myanmar has awarded final licences to Mizuho Bank from Japan and Malaysia's Maylayan Banking Berhad (Maybank)
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  The Japanese company Sompo Japan Nipponkoa Insurance has started running its general insurance services at Thilawa SEZ

  The Japanese company Sompo Japan Nipponkoa Insurance has started running its general insurance services at Thilawa SEZ
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  Myanmar's Ministry of Rail Transportation to invite a new tender for the Yangon Central Railway Station comprehensive development project as there were not tender-winning companies

  Myanmar's Ministry of Rail Transportation to invite a new tender for the Yangon Central Railway Station comprehensive development project as there were not tender-winning companies
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  Vietnamese airlines Vietjet to fly new Yangon-Ho Chi Minh City air route from October

  Vietnamese airlines Vietjet to fly new Yangon-Ho Chi Minh City air route from October
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  The Small and Medium Industrial Development Bank (SMIDB) to open five new branches during 2015-16 fiscal year

  The Small and Medium Industrial Development Bank (SMIDB) to open five new branches during 2015-16 fiscal year
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  MasterCard and Myanma Apex Bank launch a prepaid card

  MasterCard and Myanma Apex Bank launch a prepaid card
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  About 500,000 tourists are expected to visit Mandalay region this year, which is 37.5% higher than that of the previous year, but accommodation options scarce: Ministry of Hotels and Tourism

  About 500,000 tourists are expected to visit Mandalay region this year, which is 37.5% higher than that of the previous year, but accommodation options scarce: Ministry of Hotels and Tourism
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  An automobile policy aimed partly at attracting more international factories to Myanmar could be finalized by September but will not be presented to the parliament until 2016

  An automobile policy aimed partly at attracting more international factories to Myanmar could be finalized by September but will not be presented to the parliament until 2016