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Myanmar allows 13 more local, foreign firms to make investments

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9 years ago

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Yangon: Myanmar has allowed two more domestic companies and 11 foreign firms in December alone to make investments in the country, the Myanmar Investment Commission said Thursday.

Of the 11 foreign firms, two will invest in joint ventures with locals, Xinhua rported.

The 13 companies will invest in sectors like manufacturing, finished-wood production, mobile phones assembly and packaging, garment and shoe manufacturing, condominium construction and oil and gas exploration.

Mobile phones assembly and packaging will be done in Yangon, while oil and gas exploration will be carried out by a local company and a Singapore company under production sharing basis at Rakhine and Taninthayi offshore blocks, the commission said.

Statistics show that contracted foreign investment in Myanmar reached $50.61 billion in 828 projects as of the end of November this year since 1988.

Of the 37 countries and regions investing in Myanmar, China ranked first in terms of value with over $14.48 billion, accounting for 28.61 percent of the total, followed by Thailand with $10.21 billion , Singapore with $7.03 billion and Hong Kong with $6.95 billion.

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Apple is giving a huge discount on its gadgets: Details inside

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2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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