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 […]

The Colonel comes to Myanmar

Yoma Strategic Holdings will soon offer Myanmar’s fast food lovers the chicken The Colonel made famous with his secret recipe of 11 different herbs and spices. The Singapore-listed company has announced plans to bring the US fast food chain, KFC, into the country, making it the first international fast food retailer in the long-isolated nation. […]

KFC’s first location will be on Bogyoke Aung San Road

KFC announced the location of its debut Myanmar outlet yesterday, as it gets closer to becoming the first major American fast-food chain to open in the country. Its restaurant on Yangon’s Bogyoke Aung San Road, opposite Bogyoke Market and FMI Center, will be the first to sell its signature fried chicken. No opening date has […]

Myanmar smells fast food success as KFC heads for Yangon

YANGON — There is something in the air around Myanmar’s developing restaurant industry. It smells a lot like standard fried chicken, but this time it is seasoned with a liberal dash of high-end optimism. In a significant development for the country’s nascent fast food sector, Yum! Brands of the U.S. recently announced that its KFC […]

Manufacturers migrating en masse to Myanmar

Myanmar has been attracting a great deal of attention these days from Korean manufacturers seeking to build plants abroad. The Southeast Asian nation, which was once isolated from the rest of the world under its decades-long military dictatorship, has recently opened its doors to the outside world. The country has an ample supply of cheap […]

Lotte vice chief to meet Myanmar’s deputy minister

The Myanmarese economic deputy minister is expected to meet with Lotte Group’s vice chairman Lee In-won in early September when he visits here. The two are expected to discuss business opportunities centering on calls from Myanmar to Lotte to invest more in Myanmar’s food and hotel businesses, according to industry sources. Lee Jae-hyuk, chief executive […]

Myanmar Is Ripe to Be Marketing’s New Frontier

A dusty street vendor taps on the taxi window. He’s not peddling flowers along the thoroughfare in Myanmar’s business capital of Yangon. He’s touting homemade copies of the country’s foreign-investment law and import-export regulations. Myanmar is open for business. After two decades of isolating sanctions, this Southeast Asian country represents one of the few places […]

US fast food chains trailing in Myanmar

Singapore’s Chewy Junior already has several outlets in prime locations in Yangon. Korea’s Lotteria & BBQ Chicken are just opening their first few outlets in Yangon in April. Malaysia’s Mary Brown announced that they will open 20 restaurants in the next 5 years in Myanmar. What is missing are the US fast food giants like […]