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Myanmar Share Discussion Threads
Showing 4826 to 4848 of 4850 messages
|A government allocation of spectrum that will allow telecoms firms to vastly improve 4G services is scheduled for March next year, according to a senior official from the Ministry of Transport and Communications
|Let us see if eventually MIL can make a nice profit out of their towers.
Singapore-Listed Yoma Strategic has sold a 12.5 percent stake in telecom tower-owner Edotco Investments Singpore to Malaysian Axiata Group for US$35 million.
“Our original investment of $20 million has now grown to $70 million, of which half is being sold,” said Yoma CEO Melvyn Pun.|
|Economic Snapshot for ASEAN
Myanmar and Laos, in that order, are expected to be the top performers in 2017, with expansion rates of over 7.0%.|
|just country related:
Leading companies in Myanmar are building up the tourism industry in a bid to capitalize on the increasing number of foreign visitors to the Southeast Asian country since democratic reforms took place.
|.... But people in the microfinance industry say the demand for credit is easily large enough to accommodate more players and expanded operations
“At this point the market is definitely big enough,” Mr Tham said. “There’s definitely excess demand over what the market can supply.”
|Norfund-backed Myanmar Finance gets $1m Maybank loan to expand MFI biz
MFIL will add four more branches in 2017 in Myanmar from six branches currently.
“This loan is only the first of a series of further debt financing initiatives that are planned for MFIL in the coming years as it continues to consolidate its position as one of the leading microfinance operators in Myanmar. We are delighted to partner with Maybank for MFIL’s first facility,” said Aung Htun, managing director of MIL.|
|Myanmar is set to open for business officially next April, when the by-laws of the country’s investment law are expected to come into force, officials say.
|Electricity supply, land registration and access to credit are still serious headaches for a new venture in Myanmar. But the country continues to climb the World Bank’s country rankings for ease of starting a business, having cut the cost of setting up a business by half in the last year and simplified registration.
|More towers? ...
Myanmar’s fourth telco has a brand name and could have its licence within the next two months, according to government officials and people involved in the new firm.
U Than Htun Aung said the fourth telco could only start building additional towers and infrastructure when the licence was formally awarded|
|The boom in mobile phones is echoing in the empty spaces of Yangon’s internet cafes, owners say.
“Internet users are decreasing at our internet cafe since MPT [Myanma Posts and Telecommunications] released K1500 SIM cards,” said an official at 8 Mile internet cafe.
As a result, he said, most of his patrons are gamers. Those who used to drop in to check email and surf the web are now signing up for mobile internet by SMS and keeping up with the world outside on their phones.
|And something partially relevant to MIL:
State-owned telco rolls out 4G services
|at least there should be buyers for the tower business should they wish to unload it .....
Singapore’s SMI sells telecom tower business in Myanmar for $12.7m
|busy times in the microfinance sector in Myanmar:
Thai listed Group Lease to acquire stakes in microfinance firms in Sri Lanka, Myanmar for $80.67m
|... just some general positive stuff ...
In addition to Singapore and Indonesia, where we see the bulk of our potential investments, we are seeing interesting opportunities in Myanmar and Vietnam.
|Microfinance lenders have broadly welcomed regulatory changes that will help them to increase equity and satisfy the huge demand for credit.
|Came across this article when rummaging around on the internet - it's several months old but still relevant:
‘Myanmar is a land of opportunities & presents a long-term growth story'
|... I have a few shares in MIL .... plus some in MYSQ as well ....
Before too long the Emerging Markets will become Developed Markets ... and the Frontier Markets (like Myanmar) will be Emerging Markets. So after that no new frontiers to investing in specific countries.
Would be interesting if there was a similar company for Laos investments as well - but unfortunately there isn't.|
|No not aware of any others and I don't hold here - yet!|
|Only other London listed Myanmar operation I have come across is MYSQ .... are you aware of any others?|
|hi ... looks like just you and me on this board .....
Myanmar being a frontiers market looks to have interesting times ahead ....
the microfinance part will take some time to develop and expand in to further financial services .... so it is the telecom towers part that should drive his lot forward initially .... let us see what the future brings ....|
|> One to keep an eye on perhaps
Indeed... US lifts decades-long trade sanctions against Myanmar
Seems from the web address that some bod at Aunty Beeb thinks it is in Africa .... perhaps he / she was recruited from Daily Mail :-)|
|One to keep an eye on perhaps.|
|mitu, come out of retirement and
Please join us on our new thread 1000000000 (BIL).|