Myanmar’s economy opens doors to big brands

From fast food giants to coffee chains, tobacco companies and garment makers, Myanmar’s emerging economy is opening up to the world’s biggest brands It is just after 2pm at the newly built Pizza Hut on Yangon’s Dhammazedi Road. Clusters of staff throng around the entrance and waiters’ station as businessman Sein Min, who also goes […]

Yoma Strategic says looking for growth outside Yangon

Yoma Strategic Holdings Ltd , a Myanmar-focused real estate developer, expects to grow its business outside Yangon, its chief executive said, seeking to take advantage of growing wealth outside the country’s biggest city. Yoma, chaired by tycoon Serge Pun, has been expanding beyond real estate by partnering with international companies trying to enter the Myanmar […]

Foreign developers go all-out for commercial complexes in Yangon

As one of the poorer countries in ASEAN, Myanmar’s property market is not quite as well-developed as some of its Southeast Asian neighbours, but it is slowing catching up as a new wave of foreign commercial development in Yangon, the country’s biggest city, is on the rise, reports Nikkei Asian Review. Notable developments in the […]

Middle and Affluent Class in Vietnam and Myanmar Will Double in Size by 2020

HO CHI MINH CITY, VIETNAM–(Marketwired – Dec 18, 2013) – The middle and affluent class will double in size in Vietnam and Myanmar between now and 2020, according to a publication by The Boston Consulting Group (BCG). Consumers in these two Southeast Asian countries are also among the most optimistic in the world — more […]