Singapore Myanmar Investco Limited confirms DFS supply for Yangon Airport T2 contract

Singapore Myanmar Investco Limited (formerly known as ‘Singapore Windsor Holdings Limited’) has formally entered into five-year agreements covering duty free, retail and F&B outlets at Myanmar’s Yangon International Airport Terminal 2. [Yangon International (15km north of downtown Yangon) is the busiest international airport in Myanmar, ahead of the country’s other two main international airports at […]

Singapore Windsor Inks Airport Retail Deal with DFS

Singapore Windsor Holdings Limited announced that it has secured an exclusive 10-year supply and merchandising deal with DFS, a Hong Kong-based luxury travel retailer. According to the agreement, in addition to a duty-free store at Naypyitaw International Airport, the group will open additional duty-free outlets at the existing departure and arrival terminal of Yangon International […]

Myanmar discusses lifting duty on rice exports to China

Myanmar is negotiating with Chinese officials to lift duty taxes on agricultural exports, including rice, bean, corn, and sesame, according to the Ministry of Commerce. Myanmar traders have had to resort to exporting rice in unnamed sacks to avoid the Chinese authorities’ quality controls. Some traders were arrested in April because China has not yet […]