[9] SMY Pharma, the flagship Company of SMY Group is one of the leading pharma companies in Myanmar. We also believe that company objectives and shareholder objectives should be aligned for long-term value creation, and we hope that our shareholders agree with our conviction that sustainable long-term growth is more important than short term gains. 10. A significant number of leading companies in Myanmar rely on our solutions and services in their daily operations. Nov 1, 2023 · FILE - The U. Vietnamese companies have been active in a wide range of sectors in Myanmar, including agriculture, forestry, fisheries, mining, construction, power, manufacturing UMG is an immerse group of companies which was firstly founded in 1998 in Myanmar. Commercial Bank of Ceylon PLC was established in 1969 and is the largest private bank in Sri Lanka with an asset base over USD 6 Bn. SMY Medical is a subsidiary of SMY group that pioneers in initiating the concept of niche marketing in Myanmar. The Best Of Myanmar Engineering Services Company Limited is one of the fast-growing company in Myanmar, and it was incorporated with the company registration number of 108575050. Feb 1, 2024 · BANGKOK -- The U. Feb 20, 2024 · On January 26, 2024, the US Departments of State, Treasury, Commerce, Homeland Security, and Labor, and the Office of the US Trade Representative published a Supplemental Business Advisory (“Supplemental Advisory”) intended to highlight additional high-risk sectors and activities and update guidance for individuals, businesses, financial institutions, and other persons (e. We also show their Export/Import values (based on official export/ import data) and list the top 100 income tax and commercial tax payers in Myanmar. Golden Myanmar Airlines (GMA) has successfully been launched as the first public airline company in Myanmar. United States(60391) United Kingdom(33502 Jan 31, 2024 · U. We have helped our partners build successful brands in Myanmar since 1991 and have continually invested in our people, processes, technology and services to be the pioneer in the market expansion services for healthcare and consumer goods sector across Myanmar. partner in the region, the conflict and exodus of refugees from Rakhine State since August 2017 – a dramatic escalation after decades of intermittent violence arising from political grievances and intercommunal tensions -- poses a significant threat to the country’s trajectory and prospects. Established by We are the leading tourism company in Myanmar that provides bespoke travel experiences, unparalleled hospitality backed up with best-in-class operational excellence across its portfolio of hotels, eco-lodges, yacht cruises, hot air ballooning, and private island resort. Yangon Heartz Solutions: An IT company specializing in web and mobile application development, as well as software solutions . There must also be at least 1 resident director. Treasury Department said, but stopped short of imposing full blocking sanctions on the ruling A total of 388 information In 'List of companies in Myanmar' , you can submit free company information here. Profile As a web design company, Myanmar Host excel Verified+12 Years with us. However, service sector companies need at least US$50,000 and manufacturing companies require US$150,000 of minimum capital. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two military holding companies, Myanma Economic Holdings Public Company Limited (MEHL) and Myanmar Economic Corporation Limited (MEC). Import data confirms the company’s procurement for the military of parts for Mi-17 (Mi-8M) helicopters from Russia between 2017 and 2020. g. infographic About FairDeal. Mar 24, 2017 · The Myanmar Foreign Investment Law of 2012 introduced a work permit system for foreigners investing in Myanmar. biz. Translated by After several years of reform that put Myanmar on a track toward becoming an important U. According to Resource Trade, Myanmar earned about US$623 million in total from exporting rare earth elements to China from 2011 to 2020. First Myanmar Investment Public Company Limited (“FMI”, the “Company” and collectively with its subsidiaries, the “Group”) is a prominent public company in Myanmar, boasting a strong presence with over 8,900 shareholders. Oct 12, 2018 · There is no official minimum capital requirement in Myanmar for companies with foreign shareholders. , Ltd : 2016: Winner of Special Recognition in Discover the best IT companies in Myanmar. 7th Computing Co. Treasury Department said Tuesday, Oct. It is accessible 24/7 Mar 25, 2021 · WASHINGTON – Today, the U. Give us a call & send us a message +95 9264000899 Nov 5, 2021 · The United States has already targeted the more than a hundred companies owned or controlled by the military’s two conglomerates, Myanmar Economic Corporation and Myanmar Economic Holdings Public Company Limited. May 31, 2021 · In brief On 17 May 2021, the U. The U. Prior to enactment of the MCL, all companies were formed under the Myanmar Companies Act 1914, which was the primary law governing registration and operation of companies in the country. Insights about top trending companies, startups, investments and M&A. Carlsberg - May 17, 2023 · A new U. What each Myanmar US stock trading platforms offers Myanmar traders. 5B in revenue and Yoma Bank with $769. ) Incentives for companies and investors operating in special economic zones include Apr 20, 2024 · Myanmar’s military staged a coup in 2021, strangling democratic reforms and jailing much of the country’s civilian leadership. Nov 3, 2023 · Myanmar New Era Trading Company Limited and Naing Htut Aung: Myanmar New Era Trading is a significant supplier of aircraft parts for the Myanmar military from Russia that was sanctioned by Canada. 26%), PTTEP (25. 14014). Registering a company now easier than ever before A new, easy to read guideline on how to register a company is now available online on the website of DICA: www. 1B in revenue, Ooredoo Myanmar is ranked first on the list, followed by CB Bank with $1. With a strong presence in Myanmar and Singapore, we engage in diverse industries, laying the foundation for our core business operations. Burma General License 1 - Official Business of the United States Government (March 25, 2021) Burma General License 3 - Certain Transactions in Support of Nongovernmental Organizations' Activities (March 25, 2021) Our vision is to become an internationally recognised textile and garment manufacturers, all while diffusing Myanmar’s culture to the world. With $3. High Commissioner for Human Rights detailing over 130 businesses About TotalEnergies in Myanmar. Jan 31, 2022 · The United States maintained a distant relationship with Myanmar after the late 1980s, enforcing broad-based economic sanctions on the country in the next two decades. TotalEnergies has been a partner (31. mm To make doing business in Myanmar easier, the Directorate of Investment and Company Administration (DICA) has published aguidebook on the DICA website on how to register your company. 14014 for being owned or controlled by the military or security forces of Burma. , Ltd was founded in August 2013. We promise to stay true to our companies’ value of delivering innovative high-quality services while always prioritising our people and planet. Of these Jul 14, 2017 · Today, nearly nine months later, American companies trying to operate in Myanmar are still hobbled by sections 311 and 312 of the USA Patriot Act, which deal with money laundering and terrorist financing and impose stringent due diligence requirements. 8 billion in 2023. But the United States should consider broader sanctions, in particular in the banking sector. 34 billion. (Philippines) and ENEX Energy Corporation (Philippines). independent investigator on human rights in Myanmar. Mar 10, 2021 · March 10, 2021 - Major oil and gas companies active in Myanmar are facing intense scrutiny after the UN’s human rights investigator called last week for coordinated international sanctions on the country’s state energy firm, MOGE. 24%) and operator of the Yadana gas field (Blocks M5 and M6) in Myanmar since 1992, alongside its partners Unocal-Chevron (28. A dominant and Strong Service Provider in Myanmar since 2013. Sit Taing Aung has used his companies as fronts to broker arms deals for the Burmese military. UPG is a leading paint manufacturer in Myanmar and established in 1995. Jan 18, 2023 · These companies have either directly or indirectly contributed to Myanmar’s arms industry through the supply of raw materials, equipment parts, technology, and maintenance. Pixellion 360 is a leading digital marketing company in Myanmar that is headquartered in Yangon. Main Types of Companies. 9 from 32 Google reviews. Jun 3, 2019 · This report shows the top 200 company profiles and detailed business activities of each company. One of the first technology-intensive companies in Myanmar, Innovix was founded in 2013 by a group of professionals with ICT backgrounds. Since the illegal attempted military coup in February 2021, the United States has imported 1,565 metric tonnes of teak from Myanmar, even though sanctions began soon after. It is a full-service marketing agency offering all marketing services like paid search, SEO, and email marketing. It was incorporated on 14th September‚ 2012 under the Myanmar Companies Act‚ under mandated from Ministry of Transport and is located as 3rd floor of Saya San Plaza‚ Corner of the New University Avenue Street‚ Bahan Township‚ Yangon‚ Myanmar. . He says the weapons continue to flow to the Myanmar military despite Mar 24, 2023 · The United States on Friday announced further sanctions against Myanmar, targeting the supply of jet fuel to Myanmar's military following air strikes in civilian populated areas, the U. Treasury Department building is shown at dusk in Washington on June 6, 2019. In 2014, the government banned exports of all raw timber Jan 16, 2023 · Companies in the United States, Europe and Asia have been helping Myanmar’s military manufacture weapons used in human rights abuses, according to three former United Nations experts. May 27, 2024 · Incorporated in 1993, Max Myanmar Group has become an organization of growth – for our people, our stakeholders, and the economy. Jan 31, 2022 · KT Services & Logistics Company Limited (KTSL) has operated the TMT Port in Yangon, Burma since 2016. 2 3 These are the latest in a series of designations under E. Our company's inspiring journey began in 2001 when our Chairman, U San Linn, returned to Myanmar after nine enriching years in Japan. Website. O. Jan 31, 2024 · The United States Sanctions Burma Military Regime Supporters WASHINGTON — Today, marking the three-year anniversary of the military coup in Burma, the U. Bank operates with a variety of products and services with a wide spread of branches in the country and it is also the only Sri Lankan bank with highest number of MONO HORIZON SHIP & CREW COMPANY LIMITED. 9. ,Ltd : 2017: Letter of Recommendation: Spine Architects Co. Myanmar Padauk Power started its operation in the year 2008 under the name Myanmar Padauk Trading Company Limited, with the prime business activities of electrical transmission lines solutions. Nov 23, 2022 · Foreign companies in Myanmar bide their time with eye on long view Toyota makes just one or two trucks a day at its new assembly plant The Thilawa special economic zone opened in 2015 outside De Heus Myanmar Ltd is one of the leading Livestock and animal feeds companies in Myanmar and offering the best layer complete feeds and layer concentrate feeds in Myanmar Livestock Industry. Usually, the incorporation process involves 5 steps: (1) Name Request, (2) Appointment of Directors and Shareholders, (3) Registration with the MIC, (4 Your Trusted Seafood Exporter. ) 14014. OFAC has coordinated Feb 7, 2023 · These companies have been attracted to Myanmar by the country's growing economy and its strategic location between China and Southeast Asia. , Ltd is the official gold partner of Odoo in Myanmar and has the most experience and most extended partnership with Odoo. E-mail: info@a1companies. state department — The United States is imposing further sanctions on Myanmar's military regime three years after the February 1, 2021, military coup, and designating four individuals and Incorporated in 1993, Max Myanmar Group has become an organization of growth – for our people, our stakeholders, and the economy. The most familiar Associated about us Shine Holding is a leading conglomerate that is focused on Real Estate, Hotel & Tourism, Food & Beverage, Healthcare and Manufacturing sector. # 1 Jan 3, 2019 · This list of companies and startups in Myanmar provides data on their funding history, investment activities, and acquisition trends. U. Phone. 31, 2023 it was imposing sanctions on Myanmar’s state-owned Myanma Oil and Gas Enterprise (MOGE), a joint venture partner in all offshore gas projects and a vital source of hard cash for the military government. , Ltd, Smooth Way International Co. Originating as a trading company specializing in the sales of Japanese electronics appliances and the importation of cars and spare parts, Super Seven Stars has embarked on a transformative journey. Sun Pharma (Myanmar Branch) No: 196/A, Mimosa Building, West Shwe Gone Daing 5th Street, Bahan Township, Yangon, Myanmar. Military-linked enterprises bear brunt, but other businesses risk public wrath The Burmese crewing market is an essential component of Myanmar’s thriving maritime industry, offering ample opportunities for seafarers and shipping companies alike. 14014 for being owned or controlled by Aung Hlaing Oo. dica. FairDeal is the leading distribution company in Myanmar specializing in pharmaceutical and consumer products. This includes promoting corporate social responsibility, sustainable development, and compliance with local laws and international standards. MIT is ISO 9001:2008 certified and a member of UN Global Compact. on Tuesday imposed a form of sanctions on Myanma Oil and Gas Enterprise (MOGE), the U. Haven was established in 2013 as a construction and property development arm under Aung Thiha group of companies (that include Aung Thiha Co. Inforithm Technologies: A software development company offering IT solutions to various industries in Myanmar. Guarantee The Contractor is required to provide a parent company guarantee and a performance bank guarantee in the form set out in the model PSC. They are a company limited by shares, a company limited by guarantee or an unlimited company. 846 4-a Thamadi Street Myittar Nyut Ward Tarmwe Township Yangon . Today it has grown into an empire of diverse portfolio for electrical and power sector under the banner of Myanmar Padauk Power Company Limited, offering robust electrical and power solution According to a local market research agency, total drug spending in Myanmar has increased by 11 percent every year, with the value of the drug market expected to reach $1. News Company incorporation is carried out by DICA in accordance with the provisions of the Myanmar Companies Law (2017); and investment proposal applications come under the Myanmar Investment Commission (DICA is the secretariat of the MIC). Furthermore, to establish a branch or a representative office in Myanmar, you need to have US$50,000 of minimum capital. The US, France, India Jul 22, 2023 · A technology company in Myanmar involved in software development, IT services, and systems integration. MEHL was designated on March 25, 2021 pursuant to E. dollars, with erratic foreign currency controls by the military government exacerbating the situation A1 Group of Companies. Price: USD 450 (excluding tax) Contents: 273 pages, include details of top 200 local companies Telecom Market in Myanmar Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The report covers Telecom Companies in Myanmar and the market is Segmented by Service (Voice Services (wired, wireless), Data and Messaging Services, and OTT and Pay TV). Find below a list of some of the pharmaceutical companies operating in Myanmar, with their contact information. gov. Try comparing two companies from the list To compare two leading companies in Myanmar by revenue listed above, you can select two top-rated companies and see their general company information which includes details such as total number of employees, revenue, as well as additional details. Established in October 2013, the American Chamber of Commerce Myanmar chapter principles include: compliance with national laws; respect for the individual and dignity of workers; provision of training and education for employees; adherence to environmentally responsible practices; and the promotion of high standards of professionalism and The United States announced updates to the first business advisory for Myanmar. The majority of Myanmar’s exports are oil and natural gas. Map. New company registrations can be completed via Myanmar Companies Online (MyCO), following the commencement of the Myanmar Companies Law (2017). N. Myanmar Sakura Travels & Tours Pte Ltd Info Email Web Phone No. Now not only Myanmar, UMG runs a full operation in Cambodia, Laos, Indonesia, Vietnam and PNG. Mar 25, 2022 · Myanmar Chemical & Machinery is designated pursuant to E. 5%), a subsidiary of the Thai national energy company PTT, and the Burmese state-owned company MOGE (15%). No. Today, MIT is a team of 400 professionals across five offices in Myanmar and Singapore, with the development work centralized at MIT Innovation Hub in Yangon. While Burma made some progress in its democratic transition over […] Mar 25, 2021 · The United States and Britain imposed sanctions on conglomerates controlled by Myanmar's military on Thursday, following the generals' Feb. E-mail. A Myanmar company has to be 100% owned and controlled by Myanmar citizens and the approval of the regulator, the Directorate of Investment Mar 25, 2022 · As we approach one year since the horrific violence perpetrated by the Burmese military on Armed Forces Day 2021, in which more than 100 people were killed, the United States is imposing sanctions on five Burmese individuals and five entities in response to the regime’s brutal crackdown against the people of Burma. Contact. Mar 7, 2024 · Thiri Aung, aged 43, is a Yangon-based entrepreneur originally from the small town, Pyin Oo Lwin, in Myanmar’s Mandalay Region. Companies investing in Myanmar under the Foreign Investment Law or set up under the Myanmar Special Economic Zone Law (MSEZL) can apply for work permits for foreigners in managerial or supervisory roles or for those holding technical The new Myanmar Companies Law which started to enforce on Aug. , investors Mar 9, 2021 · Coca-Cola Co - The soft drinks giant was one of the first American companies to re-enter Myanmar after the U. Jan 11, 2022 · Myanmar began allowing private companies to set up teak and other timber plantations in 2006, ending a state monopoly on the industry. Alberto obtained his degree in BS Industrial Management Engineering from De La Salle University Manila in 1978, and is a member of the Financial Executives CBC Myanmar Microfinance Company Ltd is a subsidiary owned by Commercial Bank of Ceylon PLC. Pharmaceutical Companies and Distributors in Myanmar (Burma) This is the list of pharmaceutical companies and distributors in Myanmar (Burma) with full contact details. Jun 3, 2021 · More information about Burma is available on the Burma page and from other Department of State publications and other sources listed at the end of this fact sheet. 14014 for operating in the defense sector of the Burmese economy. Additionally, the Myanmar government has implemented a number of policies aimed at attracting foreign investment, including tax incentives and other benefits. Feb 12, 2021 · Myanmar Crisis US sanctions on Myanmar: 5 things to know. N) - The soft drinks giant was one of the first American companies to re-enter Myanmar after the U. In its press release, the EU emphasized that the pre-existing EU restrictive measures in relation to Myanmar/Burma remain in place. S. 1, 2018 allows foreign investors to take up 35 percent in local companies" Source/publisher: "The Star Online" (Selangor) Date of publication: 2020-02-23 Myanmar Business Guide is an online business portal for all types of Myanmar focused-businesses and providing as a free and premium business listing services with giving an opportunity to be connected for your businesses or services between entrepreneurs. 1 billion by 2023. List of companies in Myanmar, including their website, description, revenue, employees, headquarters, founders and more. Hire the top tech company in Myanmar for the services you need! Top 20+ IT Companies in Myanmar (2024) - TechBehemoths Jul 1, 2013 · The requirements apply to any company investing more than $500,000, and to all investments with the country’s state energy monopoly, Myanma Oil and Gas Enterprise. Once the MCL was passed, companies were required to re-register online via MyCO by January 31, 2019. The registry is searchable by the general public free of charge. It designates and adds the State Administrative Council (“SAC”), four individual members of the SAC, Jul 4, 2023 · SINGAPORE: Another 91 Singapore-based entities were recently identified as being involved in the flow of supplies to Myanmar’s military, adding to an initial list of 47 recently named by the Aug 2, 2022 · The Central Bank of Myanmar issued a statement ordering local companies and banks to suspend the repayment of foreign loans, Myanmar Now reported in July. Myanmar alone accounted for about 70% of China’s rare earth import value. Myanmar is today primarily a natural gas producer. The situation in Myanmar has raised the stakes, but it is a gamble that companies should still consider. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating two entities closely associated with Burma’s military regime, as well as four cronies, pursuant to Executive Order (E. Join Free. Myanmar Economic Holdings Public Company Ltd; Myanmar Economic Corporation Limited. Russia, and the United States. 21 Photos. Best Myanmar (Burma) Tour Companies. 33/49 Maha Ban Doola Park Street, Kyauktada Township, Yangon, Myanmar. Myanmar's military is producing a vast range of weapons to use against its own people thanks to supplies from companies in at least 13 countries, former top UN officials say. Mar 24, 2023 · October 31, 2023 Sanctions Against the Myanma Oil and Gas Enterprise and Concerted Pressure with Partners. It is accessible 24/7 Feb 11, 2021 · But three companies are just a small portion of the military's deep reach into Myanmar's economy, with a recent report by the U. Since the February […] Other parts include measuring satisfaction levels pertaining to teamwork, career growth opportunities and the overall work environment. Feb 1, 2023 · An investigation by Justice For Myanmar has identified 22 oilfield services companies from the United States and other countries that have helped to maintain and expand the oil and gas industry of Myanmar, despite knowing that since February 2021, revenues from this industry are the main financial prop for a brutal and illegal junta. It leases the port from the Myanma Economic Holdings Public Company Limited (MEHL) for $3 million a year. 14014, which President Biden signed on February 10, 2021, following the military coup in Myanmar earlier that month. The following companies and entities which can be registered under the MCL are: Private Company Limited by Shares Oct 5, 2023 · Traditional medicines also play a big role in medical treatment in Myanmar, with a vast population of the country relying on traditional medicines for management of diseases. Tel. [9] Oil reserves in 2013 numbered at 50 million barrels, with a production capacity of 21,000 bbl/d. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued an additional round of sanctions pursuant to Executive Order 14014 “Blocking Property with Respect to the Situation in Burma” (“EO 14014”). The industry and sector follow the Industry Classification Benchmark taxonomy. Sit Taing Aung is designated pursuant to E. Companies are allowed to repatriate investments and earnings in the foreign currency in which investments were made, subject to authorities' approval. 5 million to US$6. Tel: (95-1) 377-893 ~6 Under the Companies Act 1914, companies incorporated in Myanmar are either classified as a “Myanmar company” or a “foreign company”. KMA Group of Companies | 5,671 followers on LinkedIn. Three years on, the Southeast Asian nation is teetering on the Mar 9, 2021 · Coca-Cola Co (KO. 4 The Treasury Department has so Rated 4. Aug 12, 2022 · In a report published yesterday, the Myanmar-based organization identified a total of 116 companies that have supplied millions of dollars of arms and equipment to the Myanmar military. Organizations which have ceased operations are included and noted as defunct. To set up a limited liability company in Myanmar, you need at least 1 shareholder who can be a natural person or a corporation. The US-ASEAN Business Council encourages its member companies to adhere to ethical and responsible business practices in Myanmar. Japanese companies are also known for their focus on corporate social responsibility, and many have implemented programs aimed at improving the lives of local In our Trade US Stocks Myanmar guide we compare best Myanmar US stock trading platforms. Mr. In September 2016, Aung San Suu Kyi as State Counsellor of Myanmar visited United States and which has set a mile stone for the relationship between United States and Myanmar issuing a joint statement in which President Obama is lifting the Executive Order-based framework of the Myanmar sanctions while restoring Generalized System of About UPG. (Individuals and companies in Myanmar are otherwise subject to stricter foreign exchange controls. Initially, we penetrated the local market in 1998 by trading generators and spare parts of heavy equipment. During his time there, working with esteemed organizations like Toyota, he imbibed invaluable lessons in work style, ethics, and the symbiotic relationship between life and work. {:} {:my}Grab Way အရ… Aug 1, 2018 · Foreigners able to own 35% of Myanmar company . 16. Yee Yee Tun International Company Limited : 2017: Winner of Best Housing Development: Myanmar Property Awards : 2017: Highly Commended for Best Housing Design: Myanmar Property Awards : 2017: Letter of Recommendation: PAHTAMA Group Co. report says Myanmar’s military has imported at least $1 billion worth of weapons and related material from Russia, China and other countries since its February 2021 coup, which it has used to carry out atrocities against civilians. Jan 30, 2024 · Myanmar's mining industry generate revenue of US$116 million in fiscal year 2023-2024, and US$123 million in fiscal year 2022-2023, according to the junta's Ministry of Commerce. Jan 11, 2022 · As trade in Myanmar teak continues amidst sanctions, a ban on all Myanmar timber imports is necessary. We focuses on producing high quality animal feeds for Pigs, Cattle, Poultry (chicken, duck and quail) and Aqua (fish, shrimp). Sep 8, 2022 · BANGKOK -- International companies in Myanmar are struggling from a growing shortage of U. Innovix has always been dedicated to providing premium technical solutions to help businesses grow, both in Myanmar and throughout the South East Asian region. 2035 Sunset Lake Road, Suite Jan 31, 2024 · New evidence suggests Myanmar’s military is using new tactics to import aviation fuel after sanctions were imposed in response to air strikes that have unlawfully killed and injured civilians, Amnesty International said today ahead of the third anniversary of the 2021 coup. 4 Nov 9, 2022 · On October 6, 2022, the United States Treasury Department designated three Myanmar individuals and their company as targets of sanctions under Executive Order 14014 1 (E. Overall, European companies still imported at least $6 million worth of wood products from the South Asian nation last year, according to the data shared by the Italian trade association. Shipping, satellite, trade and customs data analysis by Amnesty shows significant changes to […] Try comparing two companies from the list To compare two leading companies in Myanmar by revenue listed above, you can select two top-rated companies and see their general company information which includes details such as total number of employees, revenue, as well as additional details. Mar 9, 2022 · None of these actions will guarantee the people of Myanmar success in overthrowing decades of military oppression and suffering. The new regime retains the distinction of the now superseded Myanmar Companies Act 1914 of “Myanmar Company” and “Foreign Company”. It was founded in 2004 by Zaw Min Tin. started easing sanctions in 2012 and runs plants outside Yangon. 1 coup and deadly crackdown, with Washington calling it Feb 1, 2023 · We would like to show you a description here but the site won’t allow us. {:my}ရှေ့သို့အတူ လျှောက်လှမ်းခြင်း{:} {:en}Guided by the Grab Way, our mission is to drive Southeast Asia forward by creating economic empowerment for everyone. We started our seafood business as an exporter of black tiger shrimp to Japan, and over the years, our company has grown into one of the top seafood companies in Myanmar, employing over 100 people, offering diverse product lines and supplying seafood products to clients worldwide. Vegetables, wood, fish, textiles, rubber, and fruits are among the other exports. Travel & Tourism Ah Mae Thar Co;ltd Info Web Phone Rangoon No ( 191 ) 2nd: Flr Mahabandoola G Yangon Yangon 11182 Hairdressing Supplies Personal Care About Company. October 31, 2023 Treasury Prohibits Financial Services with Myanma Oil and Gas Enterprise and Imposes Additional Sanctions on Burma Military Regime Officials and Supporters. To be classified as a Myanmar Company, the company was required to be 100% owned and controlled by Myanmar citizens. Treasury Feb 11, 2022 · On January 26, 2022, the US Departments of State, Treasury, Commerce, Labor, Homeland Security and the Office of the US Trade Representative (“USTR”) issued a joint advisory (the “Advisory”) cautioning businesses, financial institutions, investors, consultants, research service providers, etc. : +9518374628 Feb 29, 2024 · But, even as imports of Myanmar timber dropped by more than 80% in 2023 from a year earlier, EU officials publicly acknowledge a “problem” remains. Contact Us. It is accessible 24/7 Nov 2, 2023 · The U. At a Top 10 companies in Myanmar by revenue for August 2024 Listed below are the leading companies in Myanmar by revenue as of August 2024. As of 2015, Myanmar exports gas to Thailand and China. This report lists the top Myanmar ICT companies based on the 2023 & 2024 market share reports. 5429 views, Myanmar - Yangon Companies that are comprised with up to 35% of foreign ownership are still considered local companies in Myanmar. 7M in revenue. Sep 2, 2022 · In 2015, Vietnam was the fifth-largest investor in Myanmar, with total investment of US$1. 04 billion, according to Myanmar’s Directorate of Investment and Company Administration. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Myanmar ICT industry. , Ltd, Parisian Cake & Coffee, Donut King Donuts & Coffee). Once again we thank our previous military government that made our UMG grew stronger and become a pride of Myanmar in its own In December 2012,Max Myanmar Company has paid 13 local land owners more than 700 million kyats (US$806,000) in compensation for the acquirement of farmlands in Ngwehsaung Sub-township, Ayeyawady Region. The measures include an embargo on arms and equipment that can be used for internal repression, an export ban on dual-use goods Feb 7, 2023 · The presence of Japanese companies in Myanmar has contributed to the country’s economic development and has helped to improve its infrastructure and its access to modern technology. Feb 8, 2023 · A Justice For Myanmar investigation using open source and leaked documents has identified 22 international oilfield services companies still active in Myanmar since the military seized power on 1 Jul 31, 2024 · International companies that know the country well, and have stuck with it in difficult times, will be best placed to contribute to its eventual revival. Verified+4 Years with us Updated. Whereas previously you needed to visit Apr 14, 2021 · The US policy on the Myanmar military’s crackdown on peaceful pro-democracy demonstrators has been bipartisan – but that hasn’t helped stop the conflict in the Southeast Asian nation. 26 billion in 2022, and the IMF projects that the purchasing power adjusted GDP would be US$257. However, they may increase their chances of success, and at least demonstrate to the people of Myanmar, and the rest of the world, that the United States supports democracy and the protection of human rights. Crew manning agents and crew management companies in Myanmar play a pivotal role in connecting skilled maritime professionals with the vessels that require their expertise. KAUNG MYANMAR AUNG (KMA GROUP) AT A GLANCE One of Myanmar’s most renowned and respected organizations, the foundations of the group were laid almost 25 years ago. UPG produces awide range of brands under the product lines of decorative paint, architectural coating, protective coating, industrial coating, wood coating, automotive paint, marine paint and construction chemical. Search 89 Myanmar (Burma) tour operators and travel companies, with 305 reviews. This article was originally published in The Business Times. Features. Wormhole Seafood Company is a leading seafood processor and exporter based in Myanmar. Pharmaceutical Companies in Myanmar. 14 companies are available in this region. on Thursday imposed fresh sanctions on entities and individuals it said are providing support to the military regime in Myanmar, which seized power three years ago. Companies The Myanmar Companies Online registry is a fully electronic register that can be used to register and manage companies registrations. KMA Group has a broad and diversified portfolio of interests and our associated companies operate across almost all sectors of Myanmar’s economy. Companies must reach a required number of responses threshold, varying on company size and on average ranging around 80% of the white collar portion of an organization's full time headcount. The supplemental advisory, jointly issued by the Departments of State, Treasury, Commerce, Labor, and Homeland Security, and the Office of the US Trade Representative, includes the identification of additional sectors and activities of concern, notably mining, timber and jet fuel. Dec 1, 2022 · The nominal GDP of Myanmar’s economy is projected to be US$69. Why Thaksin Could Help Hasten a Middle-Class Revolution in Thailand Jan 16, 2023 · In a report released in October, the Myanmar-based advocacy group Justice For Myanmar (JFM) identified a total of 116 companies that have in recent years supplied foreign arms, equipment, and Myan Trans is a leading Translation Company in Myanmar offering high quality translation services by professional translators with affordable rates. 0 million for onshore blocks, and US$1 million to US$10 million for offshore blocks. Tom Andrews is the U. [3] Myanmar had proven gas reserves of 10 trillion cubic feet in 2012, with an annual production capacity of 416 BcF. In this interview, Thiri tells us how she’s helping Myanmar’s women business owners succeed in the face of ongoing crises. Apr 21, 2023 · Activating a Company Not Yet Re-registered. We examine and compare Myanmar trading fees, Myanmar minimum deposits, Myanmar tradable financial instruments offer, Myanmar payments methods which suit Myanmar traders and much more. -BURMA RELATIONS The United States supports a peaceful, prosperous, and democratic Burma that respects the human rights of all its people. activities, notable investors of these companies, their management team, and recent news are also included. His other directorships include First Myanmar Investment Public Company Limited (Myanmar), Integrated Micro-Electronics, Inc. Jun 14, 2021 · Myanmar is the world’s third-largest source of mined rare earths. The most common types of business shall be established on the basis of Myanmar Companies Law, 2017 (“MCL”), Myanmar Investment Law, 2016 (“MIL”) and Partnership Act, 1932 (“PA”). Oct 9, 2023 · The Myanmar’s telecom services market size will reach $1. Subsidiaries under Shine Holding provides innovative products and services to millions of people nationwide. The production bonus is a progressive per rate of production – US$0. of the heightened risks associated with doing business in Burma/Myanmar, especially wherever Feb 15, 2023 · In Myanmar, company incorporation is under the jurisdiction of the Directorate of Investment and Company Administration (DICA), a secretariat of the Myanmar Investment Commission (MIC). There are three main types of companies which can be registered under the Myanmar Companies Law of 2017. This makes UMG the first Myanmar ingenious company that is truly a regional player in Asia pacific, headquartered in Myanmar. % Bagan Consulting Chinese companies operating in Myanmar The presence of Chinese companies in 7th Computing Co. The companies are listed out by sector and by name. Today, we have made considerable progress and developed into a multi-disciplinary company with proven track record in the various fields of work it has undertaken, based on the integrity of our people and our years of experience. They are considered the best ERP software company in Myanmar, providing top-notch implementation and customization services to businesses nationwide. The statement is a sign that foreign This list includes notable companies with primary headquarters located in the country. The Myanmar telecom services market report provides an executive-level overview of the telecommunications services market in the Myanmar today, with detailed forecasts of key indicators up to 2028. Dec 19, 2023 · Strategically located in Yangon, Rhenus Myanmar undertakes the planning and manages all services as a modern logistics provider, including air freight, ocean freight, combined services like air-ocean, project cargo, customs formalities, and domestic transportation and consulting services. BOMES was established with a team of six technicians; each technician specializes in a particular skill of operations. The Myanmar Companies Online registry is a fully electronic register that can be used to register and manage companies registrations. Oct 31, 2022 · Most of Myanmar’s production is exported to China. gvjsmmv gvadqp pzywwv dmzp eoels bptca ota qsxity rbcejl sfkpfst
