Yangon’s real estate market cools down in 2015

Over the past several years, Myanmar’s economic capital of Yangon has enjoyed a flurry of real estate activity following the loosening of military rule and a gradual process of liberalisation.  However, 2015 proved to be a fairly quiet period for the city’s real estate as the market cooled in the run up to November’s elections […]

Myanmar start-up wins investment

Revo Tech, a Yangon-based agency keen on creative digital applications, has attracted new investment, as Anthem Asia bought a stake in its parent company, Singapore’s Phew Tech. The investment was said to be a six-figure US dollar sum. Revo Tech was established in 2012 by entrepreneur Myo Myint Kyaw. It delivers websites and social-media management […]

Despite Limited Scope, Foreign Alcohol Flux Sends Shivers Through Industry

After a quiet campaign against reselling imported foreign alcohol, the government announced an easing of restrictions from the new fiscal year, which starts in April. However, there is still a great deal of uncertainty over the future of the foreign alcohol in Myanmar. Foreign liquor is still unavailable at supermarkets. The country’s leading chain CityMart […]