Mandalay adds new shopping mall

MANDALAY, 15 May 2015: Mandalay Yatanar Mall will open by April next year adding a up-market shopping option for tourists visiting the country’s second largest city.

The Global New Light of Myanmar media said the Mandalay Yatanar Mall would showcase Myanmar-made jewellery, silk products and handicrafts as well as branded shopping items.

The mall, on the second floor of Yadanabon Super Centre, at the corner of 78th and 34th streets in Chanayethazan Township, will have 389 shops to showcase gold and gemstones, Myanmar handicrafts, silk, and mosaic paintings.

The mall, slated to open on 1 April, 2016, will also include banks and money changers, the report said
Myanmar’s Ministry of Hotels and Tourism forecasts international tourist arrivals to Mandalay will reach 500,000 visits this year.

The city attracted 464,577 foreign tourists in 2014, an increase of 60,385 over the previous year. Most of the tourists came from China, South Korea and Japan.
Currently Bangkok Airways, THAI Smile, SilkAir, Golden Myanmar, AirAsia, China Eastern Airlines and Myanmar Airways International operate regional flights connecting Mandalay to Bangkok, Singapore, Kunming in China and Gaya in India.

Source: TTR Weekly

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here