- 13 Mar
Myanmar's Max Looking for Financial Services, Banking Partners
" Myanmar's Max Looking for Financial Services, Banking Partners "
Yudith Ho, Haslinda Amin and Siddharth Philip
Thursday March 09 2017 10:44:20 GMT+0630 (MMT)
Max Myanmar Holding Co., a hotels-to-engineering conglomerate, said it is looking for partnerships in financial services and is in talks with France-based Accor SA to expand cooperation in hotel management.
- 23 Feb
Max Myanmar entry to World Finance 100 (2016)
Driving progress in Myanmar Despite facing the challenges of a nation in transition, Max Myanmar has proven responsibility and sustainability can play a part in the development of Myanmar’s transforming economy as one of the world’s fastest growing economies, Myanmar’s digital revolution has presented an exciting window of opportunity in a very promising marketplace. Following years of economic stagnation, Myanmar’s fiscal development continued to lag behind that of its south-east Asian neighbours.
- 23 Feb
Myanmar's reformist business tycoon leading economic evolution Chief of Max Myanmar symbolizes country's struggle to shed legacy of the past
February 22, 2017 7:00 pm JST
Myanmar's reformist business tycoon leading economic evolution
Chief of Max Myanmar symbolizes country's struggle to shed legacy of the past
MOTOKAZU MATSUI, Nikkei staff writer
YANGON - Zaw Zaw, the chief of Max Myanmar group, a major conglomerate in Myanmar, has become the poster boy for the country's uphill battle to outgrow its past and build a democratic society and a fully modernized economy.
- 29 Nov
Mizuho to partner with Myanmar conglomerate
TOKYO -- Mizuho Bank will team up with a major conglomerate in Myanmar with an eye toward further helping Japanese companies make inroads there.
Max Myanmar Holdings is involved in a wide range of industries, with particular strengths in construction, energy and agriculture. Myanmar's government has placed an emphasis on these sectors in the interest of economic development.
- 29 Nov
Myanmar business leaders bullish on future under Suu Kyi
TOKYO -- Business leaders in Myanmar are confident in the country's future under the National League for Democracy government headed by de facto leader Aung San Suu Kyi, although they say improvements in infrastructure and the banking sector are needed to assure growth.
- 13 May
Roadway to Corporate Sustainability
Myanmar is rich in natural resources and one of the world’s largest exporters of teak and jewels such as jade, pearls, rubies, and sapphires. The country’s population is over 54.5 million. In 2011, GDP growth attained 5.9%, accelerating to 7.3% the following year as Myanmar implemented a development drive. The mainstay of the domestic economy is the services sector (42%), followed by agriculture (39%), and industry (19%). In Myanmar, reform has resulted in a stronger economic growth. For the 2015-16 fiscal year, GDP expansion is forecasted at 8.3%.
- 22 Oct
Max Myanmar sells two beach hotels to Amazing Group
Max Myanmar Hotels has sold two beach resorts to Amazing Hotels & Resorts – one on land that was confiscated from villagers by the Tatmadaw ostensibly for the development of a military compound.
The subsidiary of conglomerate Max Myanmar Holding sold its hotels on Chaungtha beach in Ayeyarwady Region and Ngapali beach in Rakhine State earlier this month.
The beaches are among Myanmar’s most popular seaside resorts.
- 20 Jul
Transparency in Myanmar Enterprises: the best get better, but what about the others?
The Myanmar Centre for Responsible Business (MCRB) today launched its second Transparency in Myanmar Enterprises (TiME)/Pwint Thit Sa report. This study compares the websites of 100 of the largest Myanmar companies and scores them on what they say on their corporate governance and business practices, particularly concerning anti-corruption, organizational transparency, and human rights, health, safety and the environment (HSE). However it only scores what information companies publish, and is not an assessment of their actual performance.
- 30 Apr
Ministry orders ban on sand mining
The Ministry of Hotels and Tourism has told the Rakhine State government to order a halt on sand mining on a series of popular beaches in the Ngapali area, as a public campaign against the practice continued to gain momentum over the past week. The announcement came as a truck, apparently owned by a company named “Bravo World”, beached itself in the surf at Zeephyukone on April 6 – just metres from guests at Amazing Ngapali Resort, one of the destination’s premier hotels and a favourite with senior government officials.
- 26 Jan
Petrol station problems lead to constant Thein Phyu queues
There is nearly always a line-up of cars waiting at the Max Energy petrol station on Thein Phyu Road. Often the queue stretches a few hundred metres south along the street, as drivers patiently wait for a chance to fill up.
It’s not location that drivers say attracts them to the station – while there are fewer stations downtown than other areas, there are several stations around the corner. It’s also not price – the station’s rates are similar to others in the area.
Instead, what’s drawing the drivers to the queue on Thein Phyu Road is quality.